Business Setup in UAE
Are you looking to set up your company in the
UAE?The United Arab Emirates (UAE) is a union of the seven Emirates of
Uae, Abu Dhabi, Sharjah, Ras al-Khaimah, Ajman, Fujairah, and Umm al-Quwain.
The Gulf Cooperation Council (GCC) is the most diversified economy in the UAE.
A country that once relied on the exports of its substantial oil resources to
operate its economy now derives just a minority of its Gross domestic product
from the same, having already made economic progress in industry and tourism.
Why
you Should Setup Business in UAE?
The UAE is a successful nation that provides a
favorable market climate, western hemisphere facilities, sophisticated
facilities, responsive government standards, and efficient quality services to
all incoming companies irrespective of their country of origin. Business
establishment in the UAE is a forward-looking and insightful business decision
for the following reasons:
·
The UAE is a rising and diverse marketplace
with huge international competition for exporters and importers and large
opportunities for manufacturers.
·
The country has a crucial geopolitical
position in a fuel-rich area.
·
The country does not levy any personal,
capital, or business income tax and enables 100% repatriation of capital and
profits.
·
The UAE has convenient access and global
connectivity with more than 90 airlines and 170 shipping lines.
·
Trade in the UAE is above all, focused
on free trade barriers means no quotas or exchange controls.
·
The population of the country is trained
and qualified, so the place is attractive from the point of view of recruiting
employees, not that there are limitations on hiring foreign nationals.
·
Real estate charges and freight charges
are competitive.
·
Energy supply is ample and cheap.
·
There are no money limits on the
exchange of cash
·
Infrastructural development in the UAE
is no mystery – its plethora of real estate, state-of-the-art communication
technologies and efficient power supply and other services are fertile breeding
place for business entities.
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