Advantages of registering a business in the UAE for Russians

One of the most significant factors attracting entrepreneurs is a loyal tax policy. Dubai has some of the lowest business tax rates in the world - 5% on value added tax (VAT) and 9% on income tax. This differs significantly from the taxation system familiar to Russians, where there are taxes on dividends, capital gains and personal income. Moreover, the UAE has signed double taxation agreements with a number of countries, including Russia, which makes organizing business even more profitable.

The process of registering a legal entity is characterized by simplicity and speed. Usually opening a company takes only a few days and requires a minimum package of documents. Russian entrepreneurs can choose from a wide range of activities and jurisdictions, which allows them to find the best conditions for their company. There are several organizational and legal forms, including freezones, which provides additional advantages such as 100% ownership, flexible offices, opening corporate accounts, etc.

The geographical location of the Emirates makes the country an important hub for international trade. Neighborhood with large countries, such as India and China, as well as developed transport infrastructure allow to conduct active international activities. This opens up opportunities for Russian entrepreneurs to export and import goods, as well as to attract foreign investment.

The region is characterized by high economic stability and low inflation rates. The sustainable development of various economic sectors such as tourism, finance, trade and technology provides entrepreneurs with a secure environment for growth and prosperity. Moreover, the government of the country is actively working on creating a safe and comfortable environment for living and working, which further attracts investors.