The UAE is the fastest growing economy today. Many investors are looking for a business setup in the UAE. Here are the reasons why you should set up a business in the UAE.

• The UAE has the most free trade empire in the Gulf. For the past 40 years, it has been an open economy with high per capita income and a high trading balance for the year. Companies from all over the world are moving to the UAE and opening offshore companies here. Today the UAE is home to many startups and multi-million dollar combinations. The emirates government is rich and provides stable financial conditions to all companies which has resulted in significant foreign exchange earnings in the region. Thus we make the economy stronger.
• The UAE government is looking to drive the economy through foreign investment and help achieve that, reviewing its legal framework for foreign investors who are willing to start a business. Apart from criminal law, there are completely different laws and regulations for foreign nationals.
• The red tape is small and all legal processes are fast. Very little paperwork is required and the licensing and registration process is very simple.
• The UAE government has not left much to be desired in ensuring that foreign investors fully address the problems in their business operations. The decision translates into world-class infrastructure and services in the form of business parks, office spaces, storage, transportation, communications and services.
• Emirates offers a wide variety of business ownership patterns and tax categories. One of them is that they are free sites with a 100% tax exemption feature. There is a 0% corporate tax and tax, a 30% tax rebate on film use and TV production worldwide. This means you can save the profit of your business without paying business/income tax to the government. Just make sure you register your companies under the umbrella of free sites.

Read this article about a business established in the UAE, where we help you understand how to run your business in the UAE profitably.

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