The Advantages of Opening a Company in Dubai

Dubai is on the list of top destinations to start a business for many foreign entrepreneurs who have discovered that the Emirate is quite business-friendly. The fact that setting up a company here is simple and fast has definitely contributed to this perception. However, there are also other reasons to choose the Emirate, as presented below.

Sponsored content

Geographical location at the crossroads of the East and the West

Dubai is one of the best geographically located cities in the world, considering it connects the East and the West, which makes it accessible no matter the country you come from. Its location has quickly transformed it into a global business hub, so accessing customers around the world will be an easy task. 

With numerous connecting flights to Europe, Asia, and even the American continents, coming and leaving will not be a problem if you have businesses in various countries.

An example of infrastructure

Logistics is one of the most important aspects of doing business, and companies rely on infrastructure to send and receive merchandise. In Dubai, infrastructure is an advantage for trading businesses. 

Dubai hosts some of the most important airports and ports in the world, which are equipped with facilities to handle millions of people, respectively tons of products entering or leaving the UAE. The road transportation system, which is made up of state-of-the-art highways, makes it easy to attend business meetings. So, when time is an essential matter, infrastructure is one of the main reasons to have an enterprise for this aspect alone.

Taxation – one of the main advantages of doing business in Dubai

This is often the primary reason an entrepreneur chooses to start a company in Dubai, as the Emirate has one of the friendliest fiscal policies in the world for local and foreign investors. More information you can obtain from the experts from BridgeWest Dubai. 

The lack of a personal income and capital gains tax, the low corporate levy, which was recently enacted after reaching a certain threshold, and the possibility to repatriate profits tax-free, especially from free zones, is unmatched in most countries of the world. 

Possibility to operate in mainland Dubai or its free zones

Since mentioning the tax benefits available in free zones, it is also worth noting that you can choose to operate in mainland Dubai or set up your business in one of its many free zones. These are special economic zones that allow the establishment of specific legal forms under advantageous conditions in designated industries. The last part is probably the key aspect of creating a free zone company: the possibility to connect with businesses in the same areas and dedicated facilities. 

Access to various types of legal entities

The legal form of a business will always impact the way you operate on a market. Dubai is quite offering from this point of view, because you can choose the well-known private limited liability company if you want an entity you are already accustomed to. Of course, you will have to adhere to the registration requirements applicable here, however, they are easy to follow.

There are also options to expand an existing business, and one of the fastest ways is to register a branch in Dubai. The requirements are simple, and the procedure can be completed in a matter of days. You can also opt for the subsidiary if you want to operate your enterprise as a domestic company.

Diverse and skilled workforce

The workforce is one of Dubai’s strong points when it comes to doing business. You can hire locally, or you can transfer or hire employees from abroad, especially since the work and residence permit applications are processed faster than a few years ago. You will also find many immigrants who are already integrated in the labor force, so manpower is never an issue here compared to other countries.

These are only a few of the advantages of opening a company in Dubai, and if you want to do some research, you will definitely find more reasons to choose this city over others, no matter where you are located.

Disclaimer: the author(s) of the sponsored article(s) are solely responsible for any opinions expressed or offers made. These opinions do not necessarily reflect the official position of Daily News Hungary, and the editorial staff cannot be held responsible for their veracity.