About the UAE and market entry


About the UAE and market entry


As the geographic and economic lynchpin of the Middle East, worldwide investors see the United Arab Emirates (UAE) as a vital element of their operations. It is well established as the prime destination for multinationals to set up their regional base and serve the high growth markets in the Middle East, Africa and South Asia. It is also the perfect location for new business setups across diverse sectors.
Dubai is the second largest emirate and ranks as the UAE’s most important port and commercial centre. It has worked to transform itself into a broadly diversified economy. Critical sectors include manufacturing, logistics, financial services, information technology, retail, travel, tourism, healthcare and education, in addition to a strong focus on green technologies.
To attract international business Dubai has invested heavily in its transport, telecommunications, energy and industrial infrastructure. There are no income or capital taxes in Dubai, except for oil and domestic banking, and no withholding taxes. Companies in Dubai can obtain further significant advantages from the absence of foreign exchange controls, trade barriers or quotas, making it an ideal location for business setup and company formation.

 

Licensed by UAE Department of Economic Development Dubai Multi Commodities Centre

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