Business Set Up In UAE
Why Set Up Your Business in UAE?
UAE is a developed economy that offers a favorable business environment, world-class infrastructure, nifty amenities, flexible government norms, and efficient quality services to all incoming businesses, irrespective of their country of origin. Business setup in UAE is a futuristic and insightful business decision for the following reasons:
- The UAE is a growing and diversified market with high global demand for imports and exports, and vast opportunities for suppliers
- The country bears a strategic geographic location in a resource-rich region
- The UAE has easy access and global connectivity with over 90 airlines and 170 shipping lines
- Above all, the commerce in the UAE is based on free trade barriers (no quotas or exchange controls)
- The country levies no tax on personal, capital or corporate income, and allows 100% repatriation of capital and profits
- The real estate and freight charges are competitive
- There are no currency restrictions on the exchange of money
- The energy supply is abundant and low-priced
- The populace in the country is educated and skilled, so the place is favorable from the standpoint of hiring workforce – not that there are any restrictions on hiring foreign nationals
- The transportation system throughout the UAE is well developed
- The infrastructural advancement in the UAE is no secret – its plush real estate, state-of-the-art telecommunication systems, and dependable power supply & other utilities are a fertile breeding ground for business entities
- There is top-notch accommodation for residential and office purposes, with cutting-edge venues for exhibitions and conferences
- The financial and services sector in the UAE is remarkably developed, especially suited to complement the business milieu in the region
- The nation has a cosmopolitan lifestyle with first-rate educational institutions, medical facilities, hotels, and shopping complexes
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