Dubai, September, 2010: The Foreign Investment Office (FIO), the investment promotion agency of the Dubai Department of Economic Development (DED), has signed a partnership agreement with company formation specialists “The Links Group” to make the relocation process for companies easier and more efficient.
The two organisations will co-operate on identifying companies and businesses looking to set up in Dubai and work with them through the transition process. The groundbreaking partnership between a government agency and a private organisation will enhance the reputation of Dubai as a business-friendly destination and facilitate inflow of foreign direct investment into the emirate.
Khalid Al Boom, Executive Director, Investment Support and Promotions, Foreign Investment Office, said: “Part of our remit is to promote the benefits of investing in Dubai and demonstrate the ease and efficiency of setting up a business in the emirate. Working with companies like The Links Group will help us take our message to a wider audience and inspire potential investors to move to Dubai, expanding the scope of their business and enriching the economic diversity of Dubai in that process.”
The Links Group, which was established in Dubai in 2002, works to enable companies to complete all the legal and commercial processes required to set up a business in the UAE. The company also provides similar services in Qatar, where it recently worked with clients such as Taylor Woodrow (a division of Vinci Construction, the worlds largest contracting company), and Elite Advanced General Construction LLC.
Stuart Curtis, Managing Director of the Links Group said: “We are privileged to be working with the Foreign Investment Office of the DED in this strategic alliance. Our aims are totally aligned – we want to encourage companies to move to Dubai and to take the strain and the bureaucracy out of the process. This collaboration allows us to freely exchange and hopefully generate ideas and initiatives that can make the entire process more streamlined for those organisations wishing to set up a business here in Dubai. It is a win-win situation for everyone.”
Mr Curtis added: ‘As the global economy starts to recover on a more general footing and companies turn their attention to those specific areas where they see that expansion and growth are still possible the Middle East is definitely going to be the uppermost in their thoughts. We are delighted to have created this alliance with the Government of Dubai as we feel that it can only be for the benefit of all parties involved.”
The Foreign Investment Office leads the efforts to attract foreign investment into Dubai by promoting the strategic advantages of the emirate as a hub of business, disseminating information on existing investment opportunities and facilitating networking between investors and their partners, including government agencies.