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Dubai Business Set Up
Despite high initial costs, demand for Dubai business set up is driven by the emirate's buoyant local economy, which has grown by 13% per year since 2000. This economic expansion has created a wealth of opportunities for global investors across a range of industries. Dubai is, for example, in the midst of a sustained construction boom, while the services sector becomes ever more diversified. The following is an overview of the core advantages of Dubai business set up.
1.
Tax-efficient international trading - international entrepreneurs setting up a company in Dubai enjoy tax-exempt international trading if the business is properly structured.
2.
Strategic geographical situation - located in the Arabian Gulf, Dubai lies roughly half way between Europe and Asia. Dubai enjoys excellent communications links with other trading centres, and lies on important international air routes.
3.
Sophisticated infrastructure - the Dubai government invests heavily in infrastructure such as telecommunications, airports, roads and ports, providing valuable support to investors choosing Dubai business set up.
4.
Cost-efficient location - although high government costs make Dubai an expensive location in which to set up a business, this is offset by lower operating costs compared to some other jurisdictions. For example, energy-intensive businesses benefit from highly competitive energy costs provided in Dubai.
5.
Favourable foreign ownership regulations - foreign investors setting up a business in Dubai obtain 100% business ownership in certain circumstances, avoiding the requirement for a local UAE citizen to act as shareholder.
6.
Ease of foreign staff recruitment - in most cases, entrepreneurs choosing Dubai business set up are able to recruit any number of qualified expatriate staff to meet their needs.
7.
Incentives - the Dubai Development and Investment Authority (DDIA) offers a wide range of services to support Dubai business set up. These include:

i) Business plan preparation. Investors planning to set up a business in Dubai can ask the DDIA for assistance in preparing a detailed business plan;

ii) Financial and legal information. For investors planning to set up a company in Dubai, the DDIA supplies macro- and micro-economic data, including legal, financial and demographic information for Dubai and the Gulf region;

iii) Raising capital for investments. The DDIA helps raise project capital for entrepreneurs to set up a company in Dubai, and also helps introduce multinational corporations to potential investors;

Contact Us
For more information on setting up a company in Dubai, telephone us in Singapore at (+65) 6735 0120.

 

Buy the Dubai chapter of Healy Consultants' Asia Business Set Up book for US$100, to order call +65 6735 0120 or e-mail email@healyconsultants.com

 


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