Reasons to relocate your business to Dubai, UAE

More and more businessmen are turning their eyes to the United Arab Emirates in search of new opportunities for relocation or business organization. Let's take a look at the key factors that make the UAE more attractive than other regions.

1. A resilient economy that has weathered pandemic and crises.

Despite global economic difficulties, the UAE economy has continued to grow. International trade and business investment are increasing.
One of the rankings assessing the business environment in different countries showed that the Emirates scored 80 out of 100 points. This is a high score, confirming an easy process for starting companies, favorable tax rates and a stable economy.

2. Diversity of economic zones.

The UAE is divided into free zones and mainland. If you plan to work internationally or need to cooperate with local companies, you should locate your business in the mainland of the UAE.
In other cases, you can register a company in one of the 40 freezones, choosing the appropriate license for the activity.

3. Simple registration process.

Company registration in the UAE is characterized by speed and transparency, which is highlighted by many businessmen. Legislation in this area provides various solutions for completely different business areas.

4. Low tax rates.

UAE residents are attracted by the absence of most taxes and double taxation (for citizens of 139 countries). VAT (5%) and income tax (9%) are to be paid. Corporate tax was introduced not so long ago and is applied only when the profit exceeds AED 375000 per year.
Some FEZs also provide incentives for certain businesses, supporting the flow of investment and entrepreneurial development.

5. Extensive visa opportunities.

Foreigners make up a significant portion of the UAE's population as several avenues of legalization are available to them:
- employment;
- investment;
- studying at a higher education institution;
- retirement age;
- remote work;
- dependent visa.
Residency status offers many advantages: from freedom of movement to access to banking services, medical and educational facilities.

These factors make the UAE an attractive place to relocate, develop a career, and increase earnings in a comfortable and safe environment.

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