The Procedures Involved In New Business Setup In Dubai
Being one of the most progressive and the most virile markets, Dubai is constantly acknowledged as the leading trading hub of the entire UAE. Due to this reason business setup in Dubai has become an important activity for various flourishing industri
February 12, 2014 (Newswire.com) - The entire UAE, mainly Dubai caters to all the foreign investors like no other countries in this globe. This city takes care of different types of businesses while encouraging the business men of various countries in the company formation in Dubai as well as allowing different industries in the process of company setup in Dubai. In case you think that Dubai is the right place for you to expand your business, then read on this article to know about the benefits that are going under the wing of Dubai.
• Free and open economy: Dubai incorporates an open and free economy to attract both the businesses and the investors. Besides, the government of the private sector activities offers minimal regulation and control for forming new businesses in Dubai. This is the reason why every year, numerous people apply for the visa services in Dubai. The most appealing thing about company formation in Dubai is that there are no direct taxes on the personal income or corporate profits. The customer duties are very low like 4% as well as complete repatriation of the profits and the capital are permitted after the company set up in Dubai. Additionally, there are no controls on the foreign exchange, trade barriers or quotas and a steady exchange rate along with the relaxed visa polices result in a painless import of skill along with the expatriate labor from around the globe.
• Economic and political stability: Being a prominent member of the UAE, Dubai is benefited from the socio-stability and the low crime rate. This is one of the reasons why the visa services in Dubai are of so high demand. Besides, Dubai is also very monetarily and financially sound. The advancing capital markets of Dubai and the entire UAE are mainly built on the foundations like grounded regulatory systems and cutting edge technology. The government also offers an admirable commitment to the lenient economic policies and businesses by offering them ample of scopes to company formation in Dubai. Apart from that, there is a well known legal structure for the businesses as well as an unequivocal ownership rule to encourage the businesses in the company set up in Dubai.
• High living standard: Apart from offering plenty of business opportunities, Dubai is also famous because of the high living standards. The visa services in Dubai offer the investors to come to Dubai and to invest in the commercial and the residential properties and in various hotels of Dubai apart from fulfilling the purpose of company formation in Dubai. There are a number of environmental and social factors that has contributed to the high living standard of Dubai, while making this city a paradigm for emulation.
Al Taresh Consultants & Services,
AL Mamzer Center,
Street 28, Hor Al Anz East
In front of Police Head Quarters
Deira, Dubai - UAE
Phone:+971 4 2666 345
Fax:+971 4 2665 664
Categories: Commercial Law