UAE Business Setup Offers Unmatched Incentives and Benefits

The UAE is known as the best global destination for investment with a focus on innovation, technology, entrepreneurship, Artificial Intelligence, and the list goes on. The strategic location, world-class infrastructure, and transportation system make the country an attractive business destination. Furthermore, the UAE provides comprehensive incentives to entrepreneurs and startups encouraging them to start their businesses easily and confidently.

In this article, we discuss some unmatched incentives and benefits that the UAE provides to investors.

Ease of Business Setup

The ease of business setup in UAE provides investors peace of mind in starting their business journey without waiting for days and dealing with complex paperwork and legal formalities. Thanks to its efficient business setup framework, you can start your business in the UAE in just 2 to 3 days.

100% Foreign Ownership

After the introduction of the new Commercial Companies Law in 2020, foreign investors are now able to establish and own 100% of the company in the UAE. The need for a local agent is no longer required to own a company in the UAE and now foreign nationals can easily establish a new company or open a branch company and carry out business activities with complete freedom.

40+ Free Zones

The UAE has more than 40 free zones that provide investors exclusive incentives and flexibility in conducting their business. These free zones offer 100% foreign ownership and exemption of tax on imports and exports, repatriation of capital, and much more

2000+ Economic Activities

Foreign investors have the option to start their business in any of the 2000+ economic activities ranging from professional, industrial, commercial, tourism, agricultural, educational, health, construction, and many more.

Legal Structure of Companies

After the incorporation of Federal Law No. (26) of 2020 for commercial companies, foreign investors are now allowed to have 100% ownership of all legal types of companies such as Public Joint Stock Companies, Private Joint Stock Companies, Limited Liability Companies etc.

No Income Tax

The UAE is considered a tax haven for individuals and investors. Investors can enjoy 100% repatriation of their profits and enjoy the country's free-market model that has been followed since the country was founded.

Special Residency Visas

The UAE offers some attractive residency visas for investors and talented individuals alike. The period ranges from 5 to 10 years, you can reside, sponsor your family, work, live, study, and have a lucrative option to settle down in the country with your own business.