Fri. Nov 22nd, 2024

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Company formation services in Dubai from dubaicompaniessetup.ae

3 min read

Firm setup services Dubai right now: What makes Dubai so good for business ? Dubai is a geographical success story like no other. In twenty years, its population has tripled and its GDP more than quadrupled. It has quickly become the face of international business, not to mention the face of luxury. Dubai is also home to a vast and steadily growing number of international businesses and global groups, including private jet providers Vista Global. So why exactly is Dubai so attractive for business?

You will have to deal with Taxation, Vat, Licenses, Banks, Government and more. All of this is usually dealt from your Business development department, but “How” could they do it in a country they don’t know? How could they deliver the needed documentation without the right support, someone that knows exactly how the country works? Kaper proposes clear, transparent solutions in simple steps, that will support the best of your ideas, applying their long tested strategic services. Find more info on new company formation.

UAE free zones are a major attraction to foreign investors and businesses wishing to conduct business in the UAE. But what exactly are they and what benefits do they offer? Until the introduction of the Foreign Direct Investment Law in late 2018, it was a federal requirement for at least 51% of the shares of a company to be held by a UAE national. As a result, free zones were established in order to attract foreign businesses to the region wishing to have full control of their business.

A promising and bright future: Dubai plans to further cement its position as an economic, technology, innovation and business hub. It seeks to be number one across fields, working in parallel with plans such as the UAE Centennial 2071 and various short-term goals that define targets for each industry and sector. Dubai is poised to grow, and there can be no better choice for your business. Magnet for foreign investment: Dubai attracted Dh12 billion in FDI through 190 projects in the first half of 2020 despite the coronavirus pandemic. The city ranked sixth in the global attraction of foreign investment over the six-month period and first in the MENA region.

Benefits of free zones: With more than 50 different free zones across the UAE and with many more under development, free zones have helped make the UAE an attractive option for foreign businesses looking to relocate or expand their global footprint. The common benefits of doing business in a UAE free zone include: 100% foreign ownership of the enterprise; Access to world class logistic facilities; Availability of a large pool of multicultural, skilled professionals; Benefits from economies of concentration (given the zones dedicated to industries); Ease of recruiting international employees, with all free zones providing one-stop-shop services for work visas; Tax holidays – usually guaranteed for 15 or 50 years; 100% import and export tax exemption; 100% repatriation of capital and profits; Corporate tax exemptions for up to 50 years; Eligibility to apply for the UAE Tax Residency Certificate.

Here are some of the reasons why you should choose Kabar to establish your company in Dubai: We have a team of experienced professionals who can help you with all your company formation needs. We offer competitive rates for our services. We are a trusted and reliable company formation and incorporation service provider. We can take care of all the paperwork and formalities involved in the company formation process, so you can focus on running your business. If you are interested in learning more about our company formation and incorporation services, please contact us today. We would be happy to answer any questions you have and help you get started on the path to success in Dubai. Discover extra info on dubaicompaniessetup.ae.

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