Why should you Consider setting up a Business in Dubai?
(Note: The documents can be attested by the UAE Embassy in the company’s country of origin followed by the Ministry of Foreign Affairs in the UAE)
There is no specific time period for company formation in Dubai owing to the different kind of business entities whose time period varies. Immigration Services including Establishment Card and Visa related timelines may vary according to nationality and individual immigration file on record with authorities. Nonetheless, having received all the documents as requested in order, the incorporation documents can be obtained within 24 hour time (after security clearance).
Dubai is one of the most coveted places to set up a business because of its brilliant tax set-up, which makes it one of the most desired business destinations for investors from all prospective zones. There are almost more than 35 Free Trade Zones in Dubai, all of which have truly captivated investors from all around the globe. The chief benefit of company incorporation in Dubai is that they are exempt from trade barriers, quotas and taxes. Mentioned below are the main advantages of company formation in Dubai.
Strives to improve its legal framework to promote business friendly environment
The free zones in Dubai are exempted from corporate and personal tax for a period of 50 years
Lenient labour laws which makes it cost-effective to recruit labour forces
Liberal official rules and formalities
Recognised as the fastest growing cities in the world
Excellent physical infrastructure