Premium company setup services Dubai: What makes Dubai so good for business ? Perhaps due to the tax-free status of the city, Dubai is a high-wealth state with an extremely high standard of living. As a lucrative environment for businesspeople, the city’s continued investment in infrastructure has led to the city joining ranks with New York and London as a desirable, luxury destination to stay – something which has attracted the attention of major luxury brands, who themselves have opened branches in the city. All of the above has resulted in Dubai becoming not only an incredibly lucrative place to be, but also an incredibly enticing one. The promise of a high standard of living and high wage in one of the most luxurious cities on the planet draws considerable talent to the city, making it possible for businesses to build their dream team from a dream city.
Hassle-free business in UAE with Kaper All-In eclusive! Finally decided to move abroad, expanding your business or simply enlarging your sales horizons and go east? Would you open your new business in Dubai or are you planning to do it? Do you want to profit on the opportunities that the UAE is supporting in the Business field? There is just one question: How? Several complicated things will start to pop up: Registration, Formation, Relations with the Establishment, the opening, all quite hard tasks if you are approaching the UAE for the first time. See extra info on Dubai company formation.
What is a free zone? Free zones are geographically demarcated areas within the UAE (even if most of them are not fenced or gated) permitting 100% foreign ownership and are in most cases, dedicated to a specific industry. They were designed to support strategic transformation in key industries (e.g. finance) and many are built with public finance and boast state-of-the-art facilities. For instance, the Dubai Media City – a free zone in the emirate of Dubai – has infrastructure and licences adapted to the needs of the media industry. Similarly, the Dubai International Financial Centre (DIFC – see below) attracts companies in the financial services sector, drawing in insurance, financial services and investment firms and banks wanting to grow their international client-base.
Accessible geographic location: Dubai is situated in the heart of the UAE, a country located in the Arabian Gulf, bordered by Oman and Saudi Arabia. Placed right in the middle of the Gulf countries, the Indian subcontinent, the Commonwealth of Independent States (CIS) and the African region, Dubai enjoys a tactical position that enables it to offer unrestricted prospects across a wide range of sectors. Multi-cultural/multi-lingual society: Dubai is home to people from over 200 nationalities, all of whom live and work in harmony and in unison. This means that no matter where you bring your business from, no matter what part of the world you belong to, Dubai will always feel like home. This makes it easier and much more socially fulfilling to do business, as you are likely to find people of your nationality who are already living and working here.
Benefits of free zones: With more than 50 different free zones across the UAE and with many more under development, free zones have helped make the UAE an attractive option for foreign businesses looking to relocate or expand their global footprint. The common benefits of doing business in a UAE free zone include: 100% foreign ownership of the enterprise; Access to world class logistic facilities; Availability of a large pool of multicultural, skilled professionals; Benefits from economies of concentration (given the zones dedicated to industries); Ease of recruiting international employees, with all free zones providing one-stop-shop services for work visas; Tax holidays – usually guaranteed for 15 or 50 years; 100% import and export tax exemption; 100% repatriation of capital and profits; Corporate tax exemptions for up to 50 years; Eligibility to apply for the UAE Tax Residency Certificate.
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