Company formation providers in Dubai today: What makes Dubai so good 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.
Kaper helped already thousands of businesses to set up and start developing their market and today is the market leader for any company (multinational companies or growing start-ups) that want to step a foot in the United Arab Emirates. Kaper can help your company in many different ways, according to the requested needs, we’ll prepare the ad-hoc solution for your business. Why choosing Dubai, Abu Dhabi, Sharjah or any other city in the UAE as your new business city? Freezones benefits: Freezones are exempted from commercial taxes, building license fees, import/export duties and much more convenient support for new business. Read more information at Dubai company formation.
UAE free zones are a major attraction to foreign investors and businesses wishing to conduct business in the UAE. But what exactly are they and what benefits do they offer? Until the introduction of the Foreign Direct Investment Law in late 2018, it was a federal requirement for at least 51% of the shares of a company to be held by a UAE national. As a result, free zones were established in order to attract foreign businesses to the region wishing to have full control of their business.
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: Human resources: We can provide you with human resources services to help you hire and manage your employees. We will help you with everything from job postings to payroll, so you can focus on running your business. Legal services: We can provide you with legal services to help you with any legal issues that may arise in your business. We have a team of experienced lawyers who can advise you on a wide range of legal matters, including contracts, employment law, and intellectual property. Find even more info at https://dubaicompaniessetup.ae/.
