How to do International Business In DUBAI. Mac Donalds there.
History of Dubai, Legal Aspects, Trade and GDP information.
Trade and Business Set up information. About the Dubai Geography, culture, current trends and Tremendous Growth.
2. History
Became a country
December 2, 1971
7 Emirates joined to
form the UAE
1973 Dirham
became official
currency..
Dubai is second
largest city in UAE
http://www.visitdubai.com/enSourse:
3. Dubai- The second biggest of the
seven Emirates
Middle East
Bordered by
Saudi Arabia,
Persian Gulf,
Oman, Gulf of
Oman
Most
populated city
among the
seven states
http://www.visitdubai.com/enSourse:
4. Demographics
Diverse Population pop. 4,104,695
11% local
57% South Asian
Other Arabs 27%
Iranian make the majority
Muslims 96%, 4% Christian/ Hindu
Arabic, English, Hindu/Urdu
100,000 British/Western Expatriates
5. The World’s third largest man-
made island (Palm Island)
The world’s largest shopping
mall-Dubai Mall
The world’s largest theme park-
Dubai Land
Dubai-The fastest growing city in the world
Highest per capita Income
Strategic Location
Advanced Infrastructure
Less Trade Barriers
International Trading Hub
Competitive Import Duty
12. Political Factors
• Each Emirate contains considerable amount of
sovereignty, yet maintain a strong national identity
• Federal Government consists of Executive,
Legislative and Judicial Branch along with a
Supreme Council
• Federal Government assumes control of foreign
affairs, national defense, aircraft regulation, public
health, education
• All other areas are maintained by individual Emirate.
• Supreme Council consists of an elected official from
each Emirate
• Unlike that of the Executive and Legislative, the
Judicial branch is much like those of the west with a
twist of Islamic culture.
• Quite Stable
13. Regional Economic Integration
• Maintain close relationships with more than 60
nations
• China, Japan, Russia, Great Britain, and the
United States are the largest allies..
• Member of World Bank, IMF, Arab League,
OPEC, Organization of the Islamic Conference,
WTO
14. To start with, this is the best option that Dubai
offers to trade investors who prefer 100%
ownership of their business.
15. Free Zone ensures 100% business ownership
If the idea of partnering with a local sponsor does not go
well with you and if you wish to exercise 100% ownership
of your business, then you can set up your business in
the Dubai Free Zone. The advantages of choosing Free
Zone includes:
1. 100 % business ownership
2. Duty free customs boundary
3. The start-up activities
are processed with
enhanced speed and ease.
16. Visa Eligibility
The most important requirement to start up a business in Dubai is to
own a visa that permits you and your employees to reside and run
your business in the UAE. Visas are approved for almost all kinds
of businesses. The number of visas that are approved depends on
the following criteria and may vary from business to businesses:
1. Size of the organization
2. Business type
3. Category of the investor
http://www.visitdubai.com/enSourse:
17. Advantages of
Choosing the Free
Zone for Company
Formation in
Dubai
Complacent import/
export services
Visas for investors, staff and
family members with 3 years
validity
No mainland labor rules
are applicable here- so it
is easy to hire staff.
Document clearance process is
quite simple and hassle-free
Zero Tax
100 % Business
Set up
18. License type to Set Up Business in Dubai Free
Zones
Trading & Commercial
Professional services
Industrial Services
E-commerce
Logistics
Free Lance Permit
19. Major 3 initiatives taken by the UAE
government in 2014 to enhance the
business environment in Dubai
To sustain government efficiency with
regard to account payable procedures
To reinforce the e-commerce infrastructure
and online shopping environment
To enhance the efficiency of ‘Starting and
Doing Business’
20. Economic Growth
30% GDP is Petroleum
Most investments are into areas of capital
improvement, infrastructure, social services, job
creation
2015 GDP: $115.8 Billion
Total non- oil imports: 149 million (Dirham)
Imports: $60.15 billion
Exports: $103.1 billion
Oil Exports: 2.5 million bbl/day
No foreign exchange controls, trade barriers or
quotas
Exchange rate is 3.675 (DH)= 1 USD
Following the success of the Jebel Ali Free
Zone, Dubai Internet City was developed.
21. Business Environment
Massive imports on low-wage workers
Labor force of 2.8 million
Construction Unions
Departments such as Tourism and Commerce
assist companies entering the markets
- Economic Dept, Chamber of Commerce and
Industry, Jebel Ali Free Zone
No corporate tax except on oil producing
companies and branches of foreign banks.
Member of General Agreement on Tariffs and
Trade/ WTO
Expatriates cannon own land; At least 51% must be
owned by native UAE resident
22. Government and Business Relations
2007 federal budget established a staggering Dh 28.4 billion
meanwhile maintaining a zero deficit.
The most notable federal government investment in the
works for 2007 is that of a state-of-the-art e-government
project.
Social Security system has expanded its aid by more than
75%, thus making it best in the Gulf Cooperation Council
Currently the federal government of UAE is partnering with
Assist America, the worlds largest emergency service
insurance, to provide a low cost insurance to all of its
citizens
23. Expo 2020 is a Universal scale Registered
Exposition time slot sanctioned by the Bureau
of International Expositions (BIE), Paris on 27
November 2013. Dubai in the United Arab
Emirates won the right to hold Expo 2020
24. Multinationals & Joint Ventures
• Cessna Aircraft
• Caterpillar
• Chase Manhattan
• Cisco Computer
Systems
• Delta Airlines
• Hilton Hotels
• McDonalds
International
• Raytheon Aircraft
Company
• Al Habtoor Group
• Lucent
Technology’s
• Northrop Grumman
25. MC Donalds In DUBAI
Source: https://www.mcdelivery.ae/ae/
First Branch
1994
Al Diyafah
26. Dubai has The Asian, The Arabian, The Mexican,
The Spanish for Limited Edition. And they had
the Chicken Fillet, the Spicy Chicken Fillet,
McWings. They also have Grand Chicken Classic,
Grand Chicken Deluxe, Grand Chicken Special.
McDonald's in UAE is certified halal.
28. Under the theme ‘Educate a Child, Support
Another’, McDonald’s UAE held a memorable
celebration for the children of Beit Al Kheir
Society where a donation of AED 200,000 was
made for their benefit. McDonald’s UAE
generated part of the donation funds from the
sales of the special books, which helped educate
children in the Emirates about useful important
topics including sports, balanced diets, respecting
the elders and preserving the environment.
Souce: https://www.mcdelivery.ae/ae/
29. Arabia CSR Award
McDonald’s UAE is a founding member of the
Arabia CSR Award, an award aimed at
honoring organizations in the Arab world that
demonstrate clear vision, concise strategy and
effective implementation of CSR
http://www.dubai.ae/en/Pagesdefault.aspx
30. As part of its continuous efforts to promote an
active lifestyle across the Emirates, McDonald’s
UAE is involved in various sports events that
promote an active lifestyle including the
Olympic Day Run – the annual race which
attracts thousands of runners every year in
partnership with the UAE Athletic Federation,
the UAE Ministry of Education, the National
Olympic Committee and the Interschool
Association.