To cater to this tremendous commercial demand, Dubai hasresidential dual-use Dubai has launched its first commercial-residential dual-use residential project: Executive Residence.This project is a collaborative effort between EMAAR, Dubai's largest royal developer, and the Dubai Multi Commodities Centre (DMCC).

As of 2018, DMCC had already hosted over 15,000 businesses. Under China's "Belt and Road" initiative, the number of Chinese companies in DMCC has been increasing by 46% annually. Currently, more than 300 Chinese enterprises have successfully registered in DMCC, including Hisense, Hikvision, China Petroleum Engineering & Construction Corporation, Sinopec, China Harbour Engineering Company Ltd., Power Construction Corporation of China, and China National Chemical Corporation, among others. Previously, registering a company in DMCC required paying a substantial application fee. Now, entrepreneurs can benefit from a great opportunity! By purchasing this commercial-residential property with an initial payment starting from 300,000 RMB, one can obtain a business license and a long-term residence visa for Dubai free of charge, making it easy to set up a company in Dubai and capitalize on the benefits brought by the World Expo!

Summary of benefits and advantages of the commercial-residential project:

1. Free business license for the first three years (renewable with a 42% discount on renewal fees)

2. Complimentary processing of long-term residence visas for Dubai

3. 100% ownership stake

4. 100% capital repatriation

5. Zero personal and corporate income tax

6. No 5% VAT on commercial real estate

Additionally, if the investment is purely financial and not for personal use, tenants can also obtain a commercial license.