Why Do Business in Dubai
UAE's Seven Emirates: Investment Opportunities
The seven emirates that make up the United Arab Emirates (UAE) are Abu Dhabi, Dubai, Sharjah, Ajman, Umm al Quwain, Ras Al-Khaimah, and Fujairah. They are all situated in the Arabian Gulf. The national capital is Abu Dhabi City. Every emirate has contributed to the development of the UAE, and there are interesting investment prospects everywhere.
Urban and Predominantly Foreign Population
The UAE, which borders Saudi Arabia and Oman, has a land area of 83,600 square kilometers and a current estimated population of 4.1 million. As the country is mostly desert, 75% of the people live in cities. Eighty percent of people living in the UAE are foreigners.
Dubai: Advantages for Business Expansion
Additionally, Dubai’s appeal for business is enhanced by its extensive network of double taxation avoidance agreements with the UAE and several other nations. These advantages collectively position Dubai as a highly attractive destination for investors seeking a conducive environment for business growth and expansion.
UAE Leads in GCC for Foreign Direct Investment
It is not unexpected that the UAE tops the list of Middle Eastern and Gulf Cooperation Council (GCC) countries in attracting foreign direct investment (FDI), securing 60% of FDI flows to the region in 2006. The country’s favorable economic conditions and investment-friendly policies position it as the leading choice for investors looking to tap into the dynamic and growing UAE market. The combination of a safe investment environment and strategic advantages ensures continued success and appeal to international investors.
Dubai: Ideal Business Environment for Investors
Dubai, one of the promising emirates of the United Arab Emirates, stands out as a one-stop shop for investors, boasting one of the most favorable regulatory environments in a politically and economically stable country. It offers a diverse range of business establishment options, including full ownership in Free Zones, Mainland, and Offshore areas, along with tax and duty exemptions. Investors benefit from 100% capital and profit repatriation, liberal labor legislation, straightforward licensing procedures, top-notch port facilities, and the absence of foreign exchange controls, trade barriers, or quotas.
Booming UAE Economy: Prime Investment Destination
The UAE economy is booming, offering numerous business opportunities. The dirham, the official currency, is stable and freely convertible, with unrestricted capital and profit transfers. Import duties are low at about 5% for most goods, labor costs are competitive, and there are no corporate or individual taxes. Furthermore, the UAE has 61 agreements to prevent double taxation and 32 bilateral investment treaties. The financial risk is minimal, as reflected by Moody’s Aa3 credit rating. These factors, along with the UAE’s prime location for key regional markets, excellent infrastructure, and a secure, comfortable working environment, make it an attractive investment destination.
Welcome to Tabseer Corporate Services LLC.
Tabseer Corporate Services LLC (TCS) serves as an all-in-one resource for investor needs. TCS includes providing building permits, industrial plots, warehouses, housing for workers, free zone business licenses, and other services. For all investors, including those partnering with them for their projects in the UAE, TCS offers all essential infrastructure and permissions under a single roof.
Choosing A Business To Set Up in Dubai
The choice of the most appropriate business activity should be one of your very first choices as you go toward forming a UAE free zone company or, for that matter, any company in the UAE. It’s a fairly simple process, and you can choose from a variety of commercial activities. To ensure a smooth application process for your UAE trade license, we will assist you in choosing the activity or activities that are most appropriate for your business during your initial free consultation with us.
While establishing a UAE free zone company with Virtuzone, you can choose from the most popular business activities listed in the categories below.
Our Services
We assist with company formation in the UAE
