Dubai is the most famous and most desirable emirate to do business among the 7 emirates. Opening a business in Dubai comes with many advantages as the UAE government thought it was beneficial both for the city, and the investors. Now, it is proven to be right. Dubai is financially strong, and we will help you to understand better in this article.
Simple Procedures of Registering a Company
The UAE's technology is now better than ever. Thus, registering a company is much easier than before. The procedure is simple and easy to follow. You can always consult an expert for business setup to guide you through the whole process. If you need a consultant right now, Trem Global is here to help you with an expert team of consultants. You can visit the Trem Global website, or call +90 212 271 75 75 right away.
No Taxation
The most known advantage of opening a business in the UAE is not paying any taxes. Dubai provides a complete exemption from all types of taxes, including income, business, and personal taxes. However, a few businesses may be required to pay a 5% VAT on certain business activities.
Easy Visa
If you are thinking of opening a company in the UAE, the process of getting a visa will be quite simple either it's a residential or an employment one. Once you obtain your visa, you can rent or lease property, travel between countries, and purchase automobiles.
Expatriates
The UAE is known for being a global business hub, and as everyone knows, the UAE is full of expatriates from England to Japan. Emiratis account for around 20% of the entire population, making the UAE home to one of the world's greatest proportions of expats. You can always hire expatriates from all around the world.
Technological Advancements
The Emirates are holding the future in their hands with constant technological developments. The UAE has launched several technological projects to reduce traffic, deliver world-class internet services, revolutionize healthcare services, eCommerce, and so on. This increased the potential of becoming a digital hub of the country in the future.
Geographical Importance
The UAE is located at the crossroads, connecting East, West, North, and South and it serves as a natural link between manufacturers, producers, and suppliers of essential items from across the world. The UAE has one of the busiest airports and seaports. This promotes the growth of import-export, re-export, and tourism industries.
