Setting up a Company in Dubai and its Advantages
Dubai is the most vibrant city of the modern
world, and has placed itself as a leading regional trading hub. Here are few
useful facts that will assist you to decide about setting a company in
Dubai.
- Dubai is 17th most competitive
economies worldwide. Report by Switzerland-based International Institute
for Management Development (IMD)
- Dubai is one of the safest
cities in the world with liberal economy and a fair judicial system. An
oasis of political stability and prosperity since the country’s
establishment
- Dubai company formation is the
perfect way to legitimately book international profits without paying
local corporation tax. Dubai has a stable currency, No foreign exchange
controls, trade barriers or quotas. 100% repatriation of capital and
profits.
- Foreigners can own 100% of a
Dubai company if it is located in one of the UAE Free Zones.
- Through a Dubai branch company,
one can wholly own the entity and not be subject to an annual audit.
- Investors and their family
obtain Dubai residence and employment visas.
- Dubai Business can open global
corporate bank accounts to support Dubai company formation
- The number of companies’
registrations in Dubai is growing each year
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