Company formation solutions Dubai right now: What Makes Dubai a Good Place for Business? Dubai is, essentially, a tax-free nation. Income tax is a non-existent levy on people and businesses in the city, though specific corporate and excise taxes are levied depending on the situation; for example, multi-national banks and oil companies are expected to pay corporate tax for operating within the city. The tax-free nature of the city makes it a haven for businesspeople to make their home, and make the most of their income.

Freezones have regulations that boost business and an environment that act to protect it. Is the perfect place where starting a business. Freezones permit the ownership of the new company created to be 100% to a foreign person. Freezones maintain a high standard regarding everyday life (transportation, infrastructure, relax, etc) becoming the perfect incubator for rising business and new ideas that will impact worldwide everybody’s lives. Kaper can support you! Every business start with your needs and the plan you have in mind. You can easily book an appointment or contact us through our home page, there you’ll find all the details to be in touch with us. Find even more details on https://dubaicompaniessetup.ae/eng/new-company-formation-in-dubai/.

With over 65 significant funds domiciled in the DIFC and well over 2000 companies resident within its regulatory parameters, the DIFC provides a flexible and hospitable business ecosystem for financial firms wishing to expand their global footprint. Accordingly, each free zone has its own specific requirements regarding minimum capital requirements, office or warehouse space and permitted activities; with each possessing the relevant licences and adequate legislation to enable their dedicated industry to flourish.

Since its foundation nearly 50 years ago, the country has rapidly shifted from an economy once dependent on fishing and pearls to a financial and economic powerhouse. The country is blessed with a geographic location that makes almost two thirds of the world’s population accessible on a six-hour flight. Efficient road, air and sea connections, high subsidies, a professional environment and the presence of world’s best talent make the UAE an attractive hub for businesses wanting a base for their Middle East and North African operations and further expansion.

Benefits of free zones: With more than 50 different free zones across the UAE and with many more under development, free zones have helped make the UAE an attractive option for foreign businesses looking to relocate or expand their global footprint. The common benefits of doing business in a UAE free zone include: 100% foreign ownership of the enterprise; Access to world class logistic facilities; Availability of a large pool of multicultural, skilled professionals; Benefits from economies of concentration (given the zones dedicated to industries); Ease of recruiting international employees, with all free zones providing one-stop-shop services for work visas; Tax holidays – usually guaranteed for 15 or 50 years; 100% import and export tax exemption; 100% repatriation of capital and profits; Corporate tax exemptions for up to 50 years; Eligibility to apply for the UAE Tax Residency Certificate.

Kabar is a leading company formation and incorporation service provider in Dubai. We offer a wide range of services to help businesses of all sizes establish and operate in Dubai. Our services include: Accounting and bookkeeping: We can provide you with accounting and bookkeeping services to help you keep track of your finances. We will prepare your financial statements and tax returns, so you can focus on growing your business. Find extra information on dubaicompaniessetup.ae.