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Crowe Decision Making
Establishing business in UAE is an excellent way to legitimately book international profits without paying any tax. Besides, there are no capital gains or personal income taxes in UAE.
Company formation in UAE is a reputable, regulated and international trading solution. It is appropriate to use as holding or Investment Company, and is an excellent, long-term option.
The UAE economy is clearly divided between the onshore sector, dominated by local business interests, with restrictions on foreign ownership, and the offshore sector that consists of a number of Free zones.
The Federal Government regulates economic activity separately in each of the seven emirates as well as. Dubai authorities have created an environment that is well ordered without being unduly restrictive and offers operating conditions that are among the most liberal and attractive in the region. There are many options available to international companies and the advantages of having a presence in the Middle East are considerable. It is well known now that businessmen and women in the region prefer to deal with people they know and trust. Relationships are far more important in the Arab world than in western regions.
Advantages of the companies in mainland:
No taxes levied.
No audited balance sheet required.
10 – 50 visas, depending on the size & activity of the company.
Efficient and effective infrastructure.
Advantages of the companies in free zones:
100% foreign ownership.
100% corporate and personal income tax exemption.
100% repatriation of capital and profits.
Abundant and inexpensive energy.
No currency restrictions.
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