Advantages of doing business in United Arab Emirates | Trust Genic UAE
Advantages of doing business in United Arab Emirates:
United Arab Emirates boast numerous free business and trade zones in its 7 different states that attracts international business personnel, investors and entrepreneurs. The concept of free trade zones has created an opportunity and has become a key factor to invite international small and large size companies to enter inside United Arab Emirates, this has been a great initiation to setup a new business, run a company or to expand a new business globally.
The free zones has an opportunity for the foreign investors to register company with 100% ownership and management along with there are multiple benefits including tax and custom benefits and open access to transfer the investment funds. Likewise, United Arab Emirates has provided an alternate to open and register offshore company which got right and authorities to run business abroad, the offshore license holder can also invest on other business and projects inside United Arab Emirates.
* No corporate and income taxes on the gained profits
* No income taxation for business owners and employees
* No annual audit or account reporting required
Besides, United Arab Emirates is considered as minimum crime rate and has minimum taxation, stability of the national currency and huge number of commercial and residential properties with well equipped infrastructure which has invited thousands of entrepreneurs, investors, business personnel for the new setup in business or to expand the existing one to the next level.