Company Incorporation in UAE -- Dubai
Source: Kd International | Update: 11/04/2019, 10:54 (UTC+8) | Editor: Norman
Dubai is the largest and most populous city in the United Arab Emirates (UAE). Dubai is a global city and business hub of the Middle East. It is also a major global transport hub for passengers and cargo. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub, but Dubai's oil reserves are limited and production levels are low: today, less than 5% of the emirate's revenue comes from oil. A growing centre for regional and international trade since the early 20th century, Dubai's economy today relies on revenues from trade, tourism, aviation, real estate, and financial services.
Benefits of establishing business in Dubai Free Trade Zone:
1.The goods can be delivered through the port freely. The customs will supervise the goods in the zone by random inspection at any time. The goods stored, traded, processed or manufactured in the zone will not be subject to the tariff and value-added tax.
2.Zero tariff for imported machines, equipment, parts and necessities.
3.Full tax exemption for companies and 100% personal income tax exemption for works in the zone.
4.Profit and capital can be remitted to any country at any time, without any limitation of currency.
5.No nationality limitation for employees.
Preferential policy in Dubai Free Trade Zone:
1、100% foreign owned enterprise.
2、Foreign companies can have income tax exemption for 15 years and the renewal for another 15 years.
3、100% repatriation of capital & profits.
4、100% personal income tax exemptions.
5、Exemption of import & export taxes.
6、Free currency exchange.
8、Simple business incorporation.
9、Modernized and efficient communication equipment.
11、Abundant & affordable energy.
12、Beautiful and comfortable environment.