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Advantages of Company Formation in UAE
1.
2. In the last 40 years, the UAE has grown
rapidly into one of the most successful
economies in the Middle East.
The UAE is located at the crossroads of
important trade routes connecting Europe
and Asia.
Thus it is the preferred hub for the region’s
import and export markets.
3. The United Arab Emirates is made up of seven
independent regions known as Emirates. Each
Emirate is unique in its own way and offers its
own features and benefits for setting up a
business.
Here are the main advantages associated with
forming a company in the UAE.
4. The UAE practices a culture of open and free
trade with its economic partners.
The UAE has a large number of designated
Free Zones that offer incentives like tax and
duty exemptions.
The UAE’s open-border foreign labor policy
allows companies to recruit expatriate
employees at competitive wages.
5. Located on the new southern Silk Route between
Asia, Europe and Africa, the UAE is ideally
situated for global trade.
Countries that use the UAE to reach other
markets include:
◦ China - uses the UAE to reach Africa
◦ India - uses the UAE to reach the rest of the world
◦ Latin America - uses the UAE to reach South Asia
◦ Western countries - uses the UAE as a major trading hub
for the Middle East
6. Most goods imported into the UAE have
extremely low import duties.
Goods imported into free trade zones are
completely exempt from import duties.
7. Zero corporate taxes
Zero income or capital gain taxes
No double taxation
100% repatriation of profit and capital.
8. The UAE has a stable economy which ranks:
3rd out of 15 Arab nations
28th among 185 nations worldwide.
Favorable government policies
Stable political climate
Dynamic business environment
9. Rapid economic progress in the UAE has
caused an increase in the construction of
residential and commercial facilities across
the country.
UAE’s state of the art facilities - airports, free
zone, ports etc. – act as a competitive
advantage for the businesses located here.
10. To set up your offices in the UAE visit
http://www.worldwideformations.com/
With more than a decade of experience,
Worldwide Formations offer wide-ranging
expertise in company formation and deep-
rooted associations with major freezones
across the UAE like Fujairah Creative City and
Ras Al Khaimah Free Trade Zone
