Dubai is known as one of the fastest growing days in the world. Dubai is a cosmopolitan city which offers world-class services to their clients. Dubai has grown and experienced economic progression in the years. Even when the global recession hit several countries around the world, Dubai stood as safest place for foreign investors and businesses. Have you ever wondered why all international companies from the US and UK and Europe established their office in Dubai? The advantages of business formation in Dubai are far beyond the luxury and liberal environment.
We can find an attractive low tax system in Dubai which makes it a perfect place to business formation in Dubai. If you are planning to start a business in sectors like finance, media, construction and hospitality this country can offer you the best.
Strategic Location of the City
One more factor which makes the country successful and effluents is the location of UAE the Middle East region where is the East meets the WEST. Located strategically on the new Southern Silk Road between Asia, Europe and Africa, the UAE enjoys fabulous trading facilities. The various countries and regions that are in business relations with the Dubai and connect with the world are:
China (utilizes UAE to reach Africa)
India (utilizes UAE to contact the world)
Latin America (utilizes UAE to reach South Asia)
Western nations (utilizes UAE as a center for the Middle East)
International companies are given a lot of alternatives in setting up their business in Dubai. In Limited liability companies (LLC), foreign investors can become a 49% shareholder and business formation in Dubai. You need a local sponsor who is up to 51% of the total shares and you have to pay him upfront charge in cash or through share capital. Furthermore there are options like free zones for business formation in Dubai or anywhere in the UAE which allows 100% foreign ownership.