Quality company creation solutions Dubai: What Makes Dubai a Good Place for Business? Dubai as a city is uniquely placed for international business and trade, making it the perfect home for international businessmen and for businesses going global. Its seat on the coast of the United Arab Emirates is the centre of a triangle, the corners of which are Europe, Africa and Asia. As such, Dubai is a central point for ease of commerce with these three continents, maximising reach for businesses. It is also home to the largest harbour on the planet, which, coupled with its location by the Gulf of Oman, makes it the perfect port for maritime trade via the Arabian Sea.
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 on new company formation.
UAE free zones are a major attraction to foreign investors and businesses wishing to conduct business in the UAE. But what exactly are they and what benefits do they offer? Until the introduction of the Foreign Direct Investment Law in late 2018, it was a federal requirement for at least 51% of the shares of a company to be held by a UAE national. As a result, free zones were established in order to attract foreign businesses to the region wishing to have full control of their business.
Since its foundation nearly 50 years ago, the country has rapidly shifted from an economy once dependent on fishing and pearls to a financial and economic powerhouse. The country is blessed with a geographic location that makes almost two thirds of the world’s population accessible on a six-hour flight. Efficient road, air and sea connections, high subsidies, a professional environment and the presence of world’s best talent make the UAE an attractive hub for businesses wanting a base for their Middle East and North African operations and further expansion.
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.
Kabar is a trusted and reliable company formation and incorporation service provider. We have a team of experienced professionals who can help you with all your company formation needs. We are committed to providing excellent customer service and helping businesses succeed in Dubai. Here are some of the benefits of using Kabar to establish your company: Convenience: We can take care of all the paperwork and formalities involved in the company formation process, so you can focus on running your business. Read extra information on dubaicompaniessetup.ae.