Dubai has been attracting entrepreneurs and businesses worldwide with its favourable regulatory environment for decades. By introducing virtual company licenses, it has unlocked new options for entrepreneurs to establish their presence in the region in a streamlined and cost-effective way. The Dubai virtual company license allows business owners to avail the benefits of Dubai’s thriving business environment without the need to relocate to the UAE. Launched by Dubai Economy, Dubai International Financial Centers (DIFC), General Directorate of Residency and Foreigners Affairs (GDRFA), Smart Dubai, and the Supreme Legislation Committee, the virtual business license primarily caters to three industries, including the creative, technology, and services industries.