Business-friendly regulatory environment

Dubai’s government has rapidly adopted technology for business registration. The process is very simple and completed in a few days. There is less paperwork, and the steps are simple.

Availability of more than 30 Free Zones

In addition to setting up a company in the mainland area, investors can also set it up in a Free Zone. Dubai offers more than 30 free zones for entrepreneurs and investors to choose from. It is possible for the investor to own 100% of a company in a Free Zone, and he or she can also repatriate profits and capital invested. Further, it provides investors with an opportunity to collaborate with other players in the same industry.

Tax Benefits Offered by the Government

In Dubai, there are no corporate or personal taxes. Only a few companies are required to pay GCC VAT at a rate of 5% on certain business activities.

Developed Infrastructure

As one of the most developed cities in Central Asia, Dubai has a world-class infrastructure. Dubai’s infrastructure is constantly evolving and offers excellent public transportation, telecommunications, terminals, etc. Significant advances have also been made in Dubai’s overall infrastructure during Dubai Expo 2020.

100% Foreign Ownership

In 2021, certain amendments to the UAE Commercial Companies Law will allow foreign investors to own 100% of their UAE companies. Almost half of Dubai’s economic activities are allowed to be conducted by foreign investors who own 100% of the company.