Business Opportunities in Dubai
For foreign businesses the UAE represent the entry gate towards a market with an ever-increasing potential.
In the United Arab Emirates economic activity is regulated by the Federal Government and by the Emirates. Dubai’s authorities have created a well-organized environment with few restrictions. Their business operation conditions are among the most liberal and attractive in the region. The UAE are considered the oriental fiscal paradise for free trade thanks to a consolidated policy of incentives for the creation of free trade zones, areas in which investors benefit from several advantages:
• Business establishment with 100% foreign capital
• Total tax exemption for imports and exports
• Total capital and …show more content…
Thanks to their respecting of all international anti money laundering prerequisites the Emirates have never been featured in the corresponding black list. The UAE haven’t signed the directive and treaty with the OECD (Organization for Economic Cooperation and Development). Due to this fact offshore companies registered in the United Arab Emirates now benefit from confidentiality to protect their investors. Adding to this, the Arab Emirates also have a solid and stable banking system. The time required for opening an off-shore society in Dubai is approximately 2 working days, and the same goes for opening an offshore bank …show more content…
In this case it’s very important to choose a reputable member or local agent that could help the business develop in a positive way
- 100% tax exempt
Business branches:
- If you have a business that produces physical products (not services) with a brand and a ascertainable production manufacturing plan you can open a branch of your business that is 100% owned by it
- They have a right to an office, a warehouse, or a shop and the Manager can be a foreigner
- 100% tax exempt
Depending on the type of business activity that will be carried out, the license will have to be approved by specific legal entities or authorities; although for nearly all of them it’s required that the property should be owned by 51% by an United Arab Emirates citizen (this limit does not apply to professional or artisanal companies)
How to
For foreign businesses the UAE represent the entry gate towards a market with an ever-increasing potential.
In the United Arab Emirates economic activity is regulated by the Federal Government and by the Emirates. Dubai’s authorities have created a well-organized environment with few restrictions. Their business operation conditions are among the most liberal and attractive in the region. The UAE are considered the oriental fiscal paradise for free trade thanks to a consolidated policy of incentives for the creation of free trade zones, areas in which investors benefit from several advantages:
• Business establishment with 100% foreign capital
• Total tax exemption for imports and exports
• Total capital and …show more content…
Thanks to their respecting of all international anti money laundering prerequisites the Emirates have never been featured in the corresponding black list. The UAE haven’t signed the directive and treaty with the OECD (Organization for Economic Cooperation and Development). Due to this fact offshore companies registered in the United Arab Emirates now benefit from confidentiality to protect their investors. Adding to this, the Arab Emirates also have a solid and stable banking system. The time required for opening an off-shore society in Dubai is approximately 2 working days, and the same goes for opening an offshore bank …show more content…
In this case it’s very important to choose a reputable member or local agent that could help the business develop in a positive way
- 100% tax exempt
Business branches:
- If you have a business that produces physical products (not services) with a brand and a ascertainable production manufacturing plan you can open a branch of your business that is 100% owned by it
- They have a right to an office, a warehouse, or a shop and the Manager can be a foreigner
- 100% tax exempt
Depending on the type of business activity that will be carried out, the license will have to be approved by specific legal entities or authorities; although for nearly all of them it’s required that the property should be owned by 51% by an United Arab Emirates citizen (this limit does not apply to professional or artisanal companies)
How to