Reasons Why You Should Set Up a Dubai Mainland Company
Dubai is famous for its thriving and luxurious economy. More than 20,000 businesses were established in Dubai in 2021, making it ahead of all other emirates in the UAE.
Knowing that success in the UAE is
inevitable, investors make a name for themselves in Dubai. It has a strong
workforce and a strong economy, with most of its revenue coming from oil and
gas, automotive, industrial companies, and international trade.
Though the UAE provides numerous company
formation choices in each of the Emirates, Setup a Dubai
Mainland Company remains one of the best ways to expand your
market. The following are the top six reasons for this:
1. You can build a versatile business structure
There are many business setup options and
packages available in Dubai and some investors can create their own. By making
sure you have already decided what business setup in
Dubai Mainland, your chosen local agent can help you with all
the procedures and necessary paperwork.
You should consider the following as a
starting point:
• Type of license and company form
• Sponsor or local partner
• Activities your business will undertake
• Number of visas
• If you will need a facility/office
• Overall management budget
2.
You have access to a wide range of facilities and networks.
Dubai is famous for its modern facilities.
The offices are designed with both creativity and efficiency, providing you and
your employees with a VIP business experience in Dubai. They have easy access
to major roads, highways, downtown stores, and landmark buildings. In addition,
Dubai's rich and expanding network of support in various sectors has become a
reason for investors to establish their empire in the city. With a large number
of available employees and professionals offering their services, it has become
a one-stop-shop for businesses looking to develop their brand.
3.
You Can Take Advantage Of The Country's Tax.
The United Arab Emirates is well-known as a
tax haven. The following tax breaks are available in the country:
• There is no corporate tax.
• There is no income tax.
• There is no capital gains tax.
• Property tax is low.
• There is no withholding tax.
• VAT at a low rate
Aside from that, your company will have access to signed UAE double
taxation agreements with 50 partner states to avoid tax duplication on your
income and your company.
4. Your organization is strategically located.
Setting up a
company in Dubai
means you are ready to be at the center of innovative economic growth in the
Middle East. As Dubai continues to strengthen its hold on international trade,
in addition to engaging in healthy competition in local trade, you may want to
consider expanding your market internationally.
This strategic location offers a wide range
of international land, sea, and airports, as well as a wide network of trade
and logistical support, as well as many opportunities for expansion and growth.
5. You will benefit from an active business culture.
Many businessmen and investors come to Dubai
not only to compete but also to learn. The country is known for its
industry-leading trends, policies, and innovations in the economic sector.
Traders learn from each other by creating a welcoming environment for
like-minded movers and dreamers like you.
6. You will benefit from a higher quality of life.
The work-life balance in Dubai is
incomparable. On the one hand, there is the continued support of the local
government, which is implementing the necessary policies to ensure the
protection of every member of the community. To cope with the emirate's
fast-growing economy, employers and employees benefit from improved education,
health, living standards, and job benefits.
The needs of both local and foreign business
investors and workers are met, giving them comfort and satisfaction in the life
they have created in Dubai.
What can Dzire do for you?
Only if you choose the right local agent to start your
onshore business in Dubai will you be fully aware of all the
reasons mentioned above.
Don't worry, Dzire is here to help you.
We are a global team of experienced
consultants who understand the needs and desires of your business. We
specialize in creating mainland companies, free zone business setups, and
offshore solutions.
Also read: Why Do You Need A
Business Set Up Consultant In UAE?
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