Premium company setup solutions 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.
You will have to deal with Taxation, Vat, Licenses, Banks, Government and more. All of this is usually dealt from your Business development department, but “How” could they do it in a country they don’t know? How could they deliver the needed documentation without the right support, someone that knows exactly how the country works? Kaper proposes clear, transparent solutions in simple steps, that will support the best of your ideas, applying their long tested strategic services. Find additional info at new company formation.
The Dubai International Financial Centre is recognised as the leading financial centre in the Middle East, Africa and South Asia region. The DIFC free zone is distinct from other free zones in the UAE as it has its own court with independent regulations abiding by an English Common Law framework. The main features of the DIFC, in addition to the ones stated above are: Access to laws and courts (including arbitration system) based on English Common Law; Access to DIFC Will and Probate Registry; ; Access to a recognised and international stock exchange with primary and secondary listings of debt and equity instruments; ; Choice of a large number of regulated, non-regulated and financial activities licences; A platform to access regional wealth and investment opportunities.
But this isn’t all. The UAE is home to a wide range of cultural and economic variations, has a stable and enabling political system, capital flows are based on strong revenue streams, the tax environment is friendly and trade laws are highly favourable. The UAE in itself is an example of how resilience and commitment can turn a little-known country into an economic, tourist and commercial capital for the world’s population to live, work and visit.
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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