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Dubai:
Dubai has
long earned its reputation as a pre-eminent commercial centre with an
innovative, dynamic and entrepreneurial business culture.
Strategically located at the crossroads
of trade and commerce between East and West, Dubai is in an ideal
position to service and access markets that span the Middle East, North
and South Africa, the Indian Subcontinent and the CIS. Moreover, Dubai
occupies a time zone that gives it an unparalleled advantage in
connecting markets as disparate as the Far East and the USA. To leverage
its strategic positioning Dubai has developed a world-class
infrastructure, air connections and port facilities making it the most
well connected city in the region.
Dubai is politically stable and has a
forward-looking, responsive Government with a progressive, pro-business
attitude and a highly developed commitment to the private sector. The
business friendly regulations and highly favourable tax and customs
framework have played a key role in attracting business investment from
all over the world in practically every sphere of economic activity.
Moreover, consistently strong economic indicators and a relatively low
cost work environment have contributed to Dubai’s rapid development and
prosperity.
Dubai Means Business
As a leading regional commercial hub with
a state-of-the-art infrastructure and a world-class business
environment, Dubai provides investors with a unique and comprehensive
value-added platform that make Dubai the logical place to do business.
The Most
Pro Business Attitude
· Dubai
believes that “if its good for business, its good for Dubai”
· Sophisticated
fast track business initiatives (business set up in 20 minutes in free
zones)
· 139
of the G500 MNCs in Dubai, 9 out of top 10 present in Dubai
· Robust
economic clusters including technology and Internet hub, media hub,
finance hub and healthcare hub.
· World
class free zones
The Best
Regulatory Environment
No Corporate Tax -The only exceptions to
this are oil producing companies and branches of foreign banks.
· No
Income Tax
· 100%
Ownership in Free Zones
· No
foreign exchange controls, trade barriers or quotas
·
No restrictions on capital repatriation
· Strong
investor incentives and protections
· Easy
access to key decision makers
Relatively
Low Cost Work Environment
· Access
to low cost regional talent
·
State of the art telecommunications
· Competitive
energy costs
·
Competitive real estate costs
·
Competitive import duties (5% with many exemptions)
·
Less expensive than Singapore, Hong Kong, Cairo and
Bahrain
Free Zone Benefits:
Dubai's free zones are testimony to
Dubai's forward looking government, its sound policy making and its
commitment to promoting balanced growth and economic diversification and
encouraging foreign direct investment. Within the free zones,
multinational
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