Business Set-up in UAE
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New Delhi |
Posted on Aug 29, 2015 |
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The United Arab Emirates UAE is a land of opportunities It has been making progress on a scale size and pace that is unprecedented in its own history United Arab Emirates consists of seven independent emirates Each Emirate has its own specifics and offers its unique economic features for business UAE has become the major international center of business 8211 commerce banking manufacturing modern logistics and etc UAE opens great prospects and opportunities for further creation and development of the successful business The minimal crime rate minimal taxation stability of the current national currency broad proposals for residential and commercial properties for their purchasing and renting and the perfectly organized infrastructure 8211 all this makes the United Arab Emirates very attractive for the setting up of a new business or expanding the existing one There are specialized free trade zones in different parts of the United Arab Emirates These free trade zones were established in order to attract foreign investors and entrepreneurs into the country These administrative units are under the control of the state bodies which carry out the licensing of entrepreneurial activity in their territory Free zone Company in UAE benefits 8226 100 foreign ownership 8226 100 repatriation of capital and profits 8226 100 free transfer of funds 8226 100 exemption of import and export duties if you are not going to bring the goods into the UAE 8226 Free zone company formation is quicker than incorporation outside of the free zones 8226 Easy recruitment procedures 8226 25 years lease options warehouse facilities availability of areas for production and assembling So it 8217 s much easier to setup a business in UAE than any other place Minimum requirements of documents legally it 8217 s less time consuming plus you get options according to your needs in Free zones Moreover company like Genius Business Consultancy makes it simpler and hassle free for the
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