10 reasons why all the world’s leading companies have a representative office in Dubai, UAE

10 reasons why all the world's leading companies have a representative office in Dubai, UAE - Makebiz

The United Arab Emirates confidently occupies a leading position in the global ranking of countries attractive for investment. Their rapid economic growth, modern infrastructure and favorable investment climate attract not only start-up entrepreneurs, but also large world-class companies. Let us consider ten key factors contributing to the decision in favor of investing in the UAE.

1. Diverse forms: from freelancers to holdings and corporations.

The UAE offers exceptional flexibility for companies of all sizes and types. Both self-employed professionals and giants of the global economy feel comfortable here. The country offers a wide range of legal forms: from sole proprietorship to joint stock companies and foundations. Freezones play a special role: IFZA, Meydan, DMCC, Ajman, Rakez, JAFZA, Shams and others. They offer unique benefits including:

  • 100% ownership, where foreign investors can fully control their business without the need for local partners.
  • Favorable tax terms.
  • Simplified repatriation of profits: the process of withdrawing earnings outside the country is as simple and transparent as possible.
  • Special licenses for companies, freelancers and self-employed: the UAE actively supports the development of remote work, providing convenient tools for registration and business management for professionals working remotely or for themselves.

2. Opportunity to minimize the tax burden.

The 9% corporate tax rate is extremely attractive for doing business. There are additional opportunities to optimize the tax burden, allowing you to significantly reduce costs. These include:

  • Reducing the tax base by including rent, marketing and payroll costs, employee salaries, and other operating and administrative expenses in the company’s expenses.
  • Some types of activities allow you to get a tax benefit, provided that certain conditions are met
  • Relief for small businesses with a turnover of less than AED 3 million.
  • A company specialist will tell you more about taxes and ways to optimize them during a free consultation. 

3. Ease of doing business and minimal bureaucratic barriers.

The UAE is famous for its simple and efficient business registration process. The authorities actively promote entrepreneurship by minimizing bureaucratic procedures and simplifying interaction with government agencies. This allows investors to quickly launch their projects and focus on business development rather than dealing with complex administrative issues. Transparency and predictability of legislation are important factors attracting foreign investors.

4. Strategically favorable geographical location and developed infrastructure.

The UAE is located in the very center of the world trade route, which provides easy access to the largest markets in Asia, Europe and Africa. Developed transportation infrastructure, including modern ports, airports and high-speed highways, facilitates efficient logistics and prompt delivery of goods. High-tech infrastructure and access to innovative technologies create favorable conditions for the development of various business sectors.

5. Safe and stable environment.

A stable political system, absence of social upheavals and quality work of law enforcement agencies provide reliable protection of investments and a calm working environment for business.

6. Opening a bank account.

Business registration implies a corporate account to enable financial transactions. Investors and entrepreneurs can open an account either in a local bank or in a bank in other countries. Often the choice falls on a Hong Kong account. This is an excellent opportunity to manage finances worldwide and use universal banking instruments to conduct transactions with international partners. 

7. Support for innovation and startups.

Emirates actively cultivates an innovative environment by providing comprehensive support to startups and technology companies. Government initiatives support young professionals and new technology organizations by providing access to venture capital, mentor expertise and a wide range of business contacts. This support creates a favorable ecosystem for developing new technologies and attracting talent, making the UAE an attractive destination for high-tech ventures.

8. Stable political and economic environment.

The UAE is renowned for the stability of its political and economic system, which is the most important factor for long-term investments.The country demonstrates sustainable economic growth, provides security for capital investments and creates a reliable legal framework for doing business. This gives additional confidence to investors seeking long-term success and risk minimization.

9. Loyal compliance.

Despite compliance with international standards of doing business and support of AML-policy, foreign entrepreneurs, including Russian citizens have no problem opening their companies and doing business in the UAE.  

10. Accessibility for foreign investors.

Loyal legal legislation is aimed at convenience and freedom of doing business without the need to attract a local sponsor. All control over the organization and its profits remains in the hands of the investor.  

Investing in Dubai is a strategically sound choice of every major company, providing access to developed infrastructure, innovative ecosystem, liberal legislation, favorable geographical location and stable economy. All these factors create a favorable environment for business growth and prosperity. Book a free consultation with Makebiz and learn how to open a representative office in Dubai, UAE.

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