Are you looking for a country in which to establish your business, and the more you read about the United Arab Emirates, the more you think that Dubai could be an excellent choice of location? Of course, this is not a decision to be taken lightly, and you are hesitating. Is it really a good idea?
In this article, we will review the 5 main reasons why entrepreneurs from around the world decide to
set up a company in Dubai!
The United Arab Emirates, a real country...
If you want to launch a business abroad to benefit from certain tax, political, banking, and legal advantages, it is strongly recommended that you choose a secure location. Indeed, some countries are considered tax havens by the OECD. If you want to set up a serious business abroad, it is therefore preferable to forget destinations considered tax havens and instead choose locations with a good reputation.
And the good news is that this is precisely the case with the
United Arab Emirates, and Dubai in particular. The United Arab Emirates is a genuine country with a strong and thriving economy. Its history of trade and import-export is well established: it is part of the country's DNA.
Of course, choosing the United Arab Emirates is not enough. You also need to opt for a legal structure. Indeed, in Dubai, as throughout the rest of the United Arab Emirates, the economic substance of companies is of paramount importance. It is therefore advisable not to
launch an offshore company in Dubai, but rather a
free-zone company... Rest assured, our firm will assist you with all the necessary procedures.
Establishing your company in Dubai means benefiting from numerous tax advantages
The main reason entrepreneurs choose to set up in Dubai is tax-related. Indeed, in the United Arab Emirates, there is no corporate income tax and no withholding tax either. If you reside in the United Arab Emirates, you will not have to pay personal income tax either.
Good to know: there is also no exchange of tax information with foreign countries in Dubai or anywhere else in the United Arab Emirates. However, this is not a reason to attempt to create an offshore structure; it is still preferable to remain on the legal side by launching a
free-zone company.
Set up your company in Dubai to benefit from a stable political environment
As we mentioned earlier in the article, Dubai is located in a country with very strong economic growth, among the best in the world. This is partly explained by the genuine political stability in the United Arab Emirates. And that is essential when you want to
establish a lasting and thriving company.
High-quality banking services in the United Arab Emirates
Are you considering
setting up a company in Dubai, but hesitating because you think the banking network may not be very efficient? In reality, the banking network is particularly reliable and efficient in the United Arab Emirates. You will have no trouble obtaining a bank card and benefiting from effective online banking. Ultimately, the most difficult step is obtaining
a bank account in the United Arab Emirates, but rest assured, we will assist you.
A flexible and modern legal environment
The legal environment of the country in which you are going to establish your company is also highly important. Indeed, the applicable law must be sufficiently flexible to allow businesses to prosper. This is precisely the case in the United Arab Emirates.
Take
company registration in Dubai, for example. The process is simple and fast: everything is done to attract foreign business leaders. In a country such as France, setting up a business can feel like a real obstacle course, as the procedures are so tedious. In the United Arab Emirates, this is not the case: with proper assistance, you will be able to register your company as quickly as possible.
