The United Arab Emirates is made up of seven separate and semi-autonomous states. Each Emirate is unique from the others, having its own set of economic benefits. The country lies at a crossroads of trade routes leading from the West to the East and into Asia. The UAE has become a significant international centre of business – trade, finance, manufacturing, modern logistics, and so on – as a result of its excellent position. UAE has its own unparalleled possibility of marketing your business too.

On the territory of the United Arab Emirates, a huge number of free trade zones have been established in order to attract business – international investors and entrepreneurs. These free trade zones have become one of the most important elements in the growth of international business in the UAE, as well as a significant incentive for big and medium-sized multinational enterprises to relocate to the country. Foreign merchants can register their companies in such free trade zones and have total ownership and administration of their businesses. There are considerable tax and customs benefits, as well as no limits on the amount and character of investment fund movements and repatriation for enterprises based on the free trade zone’s area.

At the legislative level, there are no limits for currency exchange, profit, and its withdrawal in the form of dividends, or capital circulation. The authorities attempt to optimize all procedures and make business prospects as simple as possible, which necessitates ongoing effort at all levels and the enhancement of the country’s governmental structure and rules.

• For legal entities, there are no corporation taxes on earnings
• For company owners and workers, there are no income taxes.
• A financial reporting system that is streamlined – no requirement for an annual audit or simplified reporting.
• Foreign company owners’ interests are protected.

Nobody can deny that the United Arab Emirates has grown into a major worldwide hub of corporate activity in recent decades. Many significant enterprises and holding entities have their interests concentrated here. In addition, the Emirates began to establish themselves as leaders in the sector of international tourism. The investment capitals that flow to the UAE from all over the globe are committed to the realization of several large-scale projects that contribute to the country’s active economic growth.

The rising internal consumer demand for items that are required for local requirements, as well as considerable growth in the quantities of export and re-export, play a vital part in deciding whether or not to start a business in Dubai. This aspect, as well as signs of the economy’s continuous dynamic expansion in all sectors, are the clearest and most evident confirmation of the UAE’s business terms’ success.

Offshore company registration is also permitted within the territory of various administrative entities of the United Arab Emirates. There are limitations on how such companies can conduct business within the country. They are, however, permitted to operate as shareholders in local firms and to buy real estate in the UAE, as well as to do nearly any business outside the UAE. These businesses are also distinguished by the low cost of registration and renewal, as well as the lack of financial reporting requirements.