Company formation services Dubai today

Best rated firm creation services Dubai: What Makes Dubai a Good Place for Business? Dubai is, essentially, a tax-free nation. Income tax is a non-existent levy on people and businesses in the city, though specific corporate and excise taxes are levied depending on the situation; for example, multi-national banks and oil companies are expected to pay corporate tax for operating within the city. The tax-free nature of the city makes it a haven for businesspeople to make their home, and make the most of their income.

Hassle-free business in UAE with Kaper All-In eclusive! Finally decided to move abroad, expanding your business or simply enlarging your sales horizons and go east? Would you open your new business in Dubai or are you planning to do it? Do you want to profit on the opportunities that the UAE is supporting in the Business field? There is just one question: How? Several complicated things will start to pop up: Registration, Formation, Relations with the Establishment, the opening, all quite hard tasks if you are approaching the UAE for the first time. Discover extra details on Dubai company formation.

What is a free zone? Free zones are geographically demarcated areas within the UAE (even if most of them are not fenced or gated) permitting 100% foreign ownership and are in most cases, dedicated to a specific industry. They were designed to support strategic transformation in key industries (e.g. finance) and many are built with public finance and boast state-of-the-art facilities. For instance, the Dubai Media City – a free zone in the emirate of Dubai – has infrastructure and licences adapted to the needs of the media industry. Similarly, the Dubai International Financial Centre (DIFC – see below) attracts companies in the financial services sector, drawing in insurance, financial services and investment firms and banks wanting to grow their international client-base.

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.

Kabar is a leading company formation and incorporation service provider in Dubai. We offer a wide range of services to help businesses of all sizes establish and operate in Dubai. Our services include: Business licenses: We can help you obtain the necessary business licenses and permits from the Dubai government. We will work with you to understand your business needs and ensure that you get the right licenses for your operations. Find even more information on https://dubaicompaniessetup.ae/.