Company Formation
Company formation is the process of legally incorporating a business. As a result, the business becomes a distinct legal entity. Let’s discover together what type of…
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Get Started NowA country that has always been extremely commercially oriented, blessed with oil revenues, led by a proactive business-minded government, built with the latest state of the art infrastructure, the UAE today is an international hub that links over 1.3 billion of businesses & consumers across the region.
Given its strategic geographical location, the United Arab Emirates is the prime location for conducting business with and between Europe, Middle East, GCC, South East Asia, and Africa.
The efficient legal system and low crime rate make the UAE not only the safest country in the MENA region but in fact, one of the safest in the world. It is, therefore, extremely safe and secure to start a new business, or doing investments in UAE.
As per the “Conducting Business 2019 Report” by the World Bank, the UAE scored 11th rank globally and 1st rank in the MENA region for Ease of Conducting Business, with excellent investor-friendly regulations, state of the art infrastructure, and business procedures.
With the city of Dubai at its heart, the UAE is transited by hundreds of thousands of tourists every year, with statistics showing a record of 16.7 million in 2019. Apart from its luxurious lifestyle and modern-styled landscaping, the country offers several attractions, as well as various cultural, sports, and business international events.
The UAE does not impose any Personal/Corporate Income Tax, Capital Gains Tax or Withholding Tax. Since January 1st 2018, a 5% VAT (Value Added Tax) has been introduced in the UAE and other GCC countries. It is a consumption tax applied on a good, as its value is increased at the production or distribution stage. VAT is an indirect tax related to a taxpayers’ consumption and not their income
The UAE aims to be one of the happiest countries in the world. This is why the UAE Government has created the Ministry of Happiness Centre, located in the city of Dubai. The purpose is to offer and maintain a happy and positive lifestyle, for all nationals and residents of the country. With such an optimistic mindset the country is thriving and dedicating most of its infrastructures, modern services, and ultimate innovations to make the general public happier than ever.
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