Doing business in the U.A.E

United Arab Emirates has an open economy with a high per capita income and sizeable annual trade surplus. With Emirate of Abu Dhabi and Dubai as its dual financial centers, the U.A.E has long commanded economic superiority in the GCC and Middle east region.

WHAT MAKES UAE A BUSINESS HUB

U.A.E has one of the most liberal trade regimes in the Middleeast region and attracts strong capital flows from across the region. U.A.E is progressively diversifying its economy, minimizing vulnerability to oil price movements. U.A.E is very well connected to the rest of the world, mainly due to U.A.E’s world-class airline carriers, rapidly expanding their fleet networks covering the major global economic hubs. The existence of free trade zones with 100% ownership, zero taxes, excellent infrastructure, a relatively stable outlook on country risks, and very a convenient geographical location almost midway between east and west are attractive aspects for long term investments. U.A.E attracts a highly skilled workforce, which is absorbed by the growing number of global companies, professional service firms and reputated International financial institutions.

BENEFITS OF STARTING AND OPERATING BUSINESS FROM THE U.A.E

The U.A.E could be an attractive hub for investors to locate their business interests for the following reasons:

(a) One of the most flexible and transparent trade regimes in the Gulf region and attracts strong capital flows.

(b) Well-established integrated modern infrastructure, stable economic legislation and environment, strong banking system and a stable trade and business system.

(c) Focused on economic diversification in trade, logistics, banking, tourism, real estate and manufacturing and provides opportunities in various industries.

(d) Free transfer of profits, revenue and assets, and no income taxation.

(e) Absence of monetary risk due to laws that protect foreign capital, Absence of real financial risk, low custom tariffs on commodities.

(f) Endorsing numerous trade agreements, including the Free Trade Agreement, Double Taxation Agreement and other bilateral investment agreements.

(g) Spread of free zones and modern industrial areas, Attracting a highly professional and skilled labour force.

(h) Geographical location, central to the wider Middle East region, Europe, Africa, as well as a global hub with Contemporary lifestyle.