UAE and its Benefits expand their business to the Middle East. Dubai serves as a safe haven for these companies in light of the many advantages they get in terms of tax benefits, convenient labor laws and infrastructure. Dubai is a well- respected pathway to the East, and since it became a financial hub, companies that engage in all types of business activities are now looking to establish a presence here. Dubai has free zones, which provide international investors with the opportunity to expand into the Middle East and beyond. Free zones are basically economic zones created by the Government of Dubai to provide investors an opportunity to incorporate a wholly owned company, as opposed to obligating them to have a United Arab Emirates (UAE) national shareholder. With a wide range of options available for free zone company incorporation, you can select one which reflects the nature of your business. Whether it is the location, the brand or you, you can find the best solutions based upon your legal and business preferences. As each free zone is set up to facilitate certain types of business activity or transactions, it is important to receive legal advice about which suits the needs of your business. With 100 percent foreign ownership of a company in the UAE and the ability to trade or operate within the free zone, a free zone entity can provide great benefits to those wishing to expand their operations to the Middle East. In addition, with visa facilities available, you may even opt to move to the UAE with your business. While expanding your operations and developing a well- respected international presence, why not do this in the most economically efficient way possible, too? With 0 percent import and export tax, 100 percent repatriation of capital and profits, no corporate taxes for 15 years (renewable for an additional 15 years) and no personal income taxes, you are set up to have even more success and profitability. extremely helpful when it comes to setting up in the UAE as they provide excellent assistance with labor recruitment, sponsorship and housing. Furthermore, the free zone areas themselves are well equipped with amenities, facilities and communication infrastructures required to set up a business. The increased number of free zones operating in the country is serving to offer a wider range of options to potential investors, and allow a real existence in the UAE through offices or warehouses. Representative Office the formation and regulation of branches and representative offices of foreign companies in the UAE, and stipulates that they may be 100 percent foreign owned, provided that a local service agent is appointed. Appointment of a local service agent is an absolute where he specializes in the drafting of all statement of claims, memos and consultation with regard to various kinds of litigation. Monarch Office Tower, 6th floor 602 One Sheikh Zayed Road, PO Box 40073 Dubai, United Arab Emirates +971 4 358 9494 Fax awf.ae |