| Doing Business in Dubai | ||
Dubai
offers the perfect environment for business, whether you are an
entrepreneur looking to start a new business, an international company
wishing to set up a regional base in the Middle East, relocating,
a skilled professional considering setting up your own practice
or working for one of the many blue chip companies located in the
UAE. Dubai presents businesses with a wide range of opportunities
for different activities and operations. So whether you want to
do trade, transport and distribution, manufacturing and processing
or undertake any number of professional activities here are some
of the benefits |
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• Free enterprise system • No Corporate or Income taxes • Competitive import duties (4% with many exemptions) • No foreign exchange controls or trade barriers • Highly skilled low cost Labour force • Straightforward legal framework for companies and businesses • World class telecommunications and IT infrastructure • Competitive energy and utility costs • High quality and competitively price office space • Sophisticated banking and financial services sector |
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| Dubai offers foreign businessmen and companies a wide ranging choice of business formats | ||
| • Limited liability
company (LLC) where foreign ownership is restricted to 49% and a Trading
license is required from the Economic Development Department • Commercial agency arrangements where appointee must be a UAE national or company and the agreement must be registered with the Ministry of Economy and Commerce • Direct Trade selling to established dealers and distributors • Branch or representative office with 100% foreign ownership but local agent must be appointed and a trading license approved by the Economic Development Department • Special Free Trade Zone investment incentives and schemes |
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