Firm setup providers Dubai 2023: What Makes Dubai a Good Place for Business? Dubai is a geographical success story like no other. In twenty years, its population has tripled and its GDP more than quadrupled. It has quickly become the face of international business, not to mention the face of luxury. Dubai is also home to a vast and steadily growing number of international businesses and global groups, including private jet providers Vista Global. So why exactly is Dubai so attractive for business?
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. Read more information on Dubai company formation.
With over 65 significant funds domiciled in the DIFC and well over 2000 companies resident within its regulatory parameters, the DIFC provides a flexible and hospitable business ecosystem for financial firms wishing to expand their global footprint. Accordingly, each free zone has its own specific requirements regarding minimum capital requirements, office or warehouse space and permitted activities; with each possessing the relevant licences and adequate legislation to enable their dedicated industry to flourish.
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.
Kabar is a leading company formation and incorporation service provider in Dubai. We offer a wide range of services to help businesses of all sizes establish and operate in Dubai. Our services include: Business licenses: We can help you obtain the necessary business licenses and permits from the Dubai government. We will work with you to understand your business needs and ensure that you get the right licenses for your operations. See extra info at https://dubaicompaniessetup.ae/.