When you think of Dubai, you think of endless shopping, desert safaris, lots of adventure and the iconic Burj Khalifa. The country draws tourists from all over the world to its beautiful region. But, it is not only the tourist attractions that make Dubai an exciting place to visit. It has a strong economy and that is something that foreign investors strongly consider when making a decision to expand their business in the U.A.E.
Dubai is a strategic location. Did you know that there are nearly 100 airlines and shipping lines that connect the rest of the world to Dubai? It is strategically situated connecting the developed countries by airway and waterway.
With plenty affordable energy and a market of over a billion people, Dubai makes for a perfect place to expand your business and AYS Consultancy will take care of all the legal aspects of setting up you business in Dubai.
The Dubai market is large with over a billion people residing in neighbouring regions which include the Gulf, the Middle East, Europe, Africa and America. The economy has grown phenomenally post-liberalization. There is plenty of affordable energy available in terms of product supply.
If you are considering a business setup in Dubai, like opening a branch or regional office, you will not have to worry about manpower. Trained professionals from marketing managers to business consultants, medical experts, industry experts and accountants from all over the world offer their skills to businesses in Dubai. Additionally, this manpower is in abundance at any given time.
As much as the oil industry built the Dubai economy, it is no long the only industry that is booming. The manufacturing sector which has given momentum to numerous businesses like metal, aluminum, clothing, jewellery, textile, garments, food products, electronics and consumer goods are exported out of the region.
A large number of foreign investors and businesses have set-up companies in Dubai. The Government aims to make ownership rules beneficial to foreigners in order to bring in the foreign capital inflow. Foreigners have 49% ownership rights for limited liability companies and for free zone companies, branches and professional companies the ownership is 100%.
Businesses can enjoy tax benefits, particularly in the free zone and no custom duties. This makes living and working in the free zone affordable to many foreigners and their families.
With an excellent infrastructure, cultural diversity, modern housing amenities and stable political climate Dubai is a destination sought after by investors and foreign businesses. Added benefits include cozy winters, delectable cuisines and panoramic views.