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In the UAE, economic activity is regulated by individual emirates as well as the Federal Government. In Dubai, the authorities have deliberately sought to create an environment which is well ordered without being unduly restrictive. As a result, Dubai offers businessmen operating conditions that are among the most liberal and attractive in the region.
There are many options open to international companies seeking to establish a business relationship with Dubai. Apart from forming a trading relationship, many companies find that there are distinct advantages in having an on-the-spot presence in order to research market prospects, make contacts, liaise with customers, and see through the details of any transactions and orders secured.
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Dubai offers incoming business all the advantages of a highly developed economy. Among the benefits are:
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Free enterprise system.
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Highly developed transport infrastructure.
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State-of-the-art telecommunications.
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Sophisticated financial and services sector.
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Top international exhibition and conference venue.
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High quality office and residential accommodation.
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Reliable power, utilities etc.
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First class hotels, hospitals, schools, shop
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Cosmopolitan lifestyle
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No corporate taxes.
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No income taxes.
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No foreign exchange controls.
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No trade barriers.
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Competitive import duties (4% with many exemptions).
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Competitive labour costs.
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Competitive energy costs.
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Competitive real estate costs.
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