Venture to UAE with IE Singapore
The United Arab Emirates (UAE) has long maintained a policy of encouraging foreign investment. From a financial perspective, the UAE is an attractive place to do business in the region, due to the stable UAE Dirham, zero exchange restrictions, and the ability to repatriate capital and profits. Investors will also find a ready supply of skilled labour, modern communications and transport networks, excellent infrastructure, and a stable and reliable investment climate.
Ease of trade
There are minimal trade barriers and tariffs within the region, allowing investors to trade goods at a competitive price.
Developed Free Trade Zones
Investors are spoilt for choice as the UAE boasts over 40 Free Trade Zones (FTZs), each tailored to specific industries. These convenient bases allow for 100% foreign ownership, 100% repatriation of capital and profits, and full import and export tax exemptions. Other incentives include corporate tax exemptions of up to 50 years, no personal income taxes, and assistance with labour recruitment.
Venture to UAE
Many multinational corporations have chosen to locate their regional headquarters in the UAE. Dubai has thus gained a reputation as a regional distribution centre, while Abu Dhabi retains the more traditional oil and gas industries.
As the UAE continues to develop its reputation as a regional business hub, more and more investors are flocking to the emirates, creating healthy market competition and a virtuous cycle of improvement. Since 2006, non-UAE nationals have been able to buy freehold property in designated areas of Dubai.