Home » Legal Advice » You Can Register A New Business In Dubai And Maximize Your Profits

It is a well known fact that Dubai as emerged as one of the most sought after business destinations in the world. So, if you are thinking of spreading your wings on a global scale then do consider setting up your business in Dubai. You can easily register a new business in Dubai because it is one such place which provides a warm welcome to its investors from all across the globe. You must be wondering about the benefits of setting up a new business in Dubai. Well, there are several advantages and this is one of the reasons why this place is a hot favorite amongst the investors. Dubai is a perfect place for your new business venture as it offers a low tax system. Many companies have started or expanded their business and it has been profitable for them all the year round. Industries such as finance, media, hospitality and construction business have been doing extremely well and have managed to get a strong foothold in this place. Dubai is located strategically and this is one of the reasons which have led this place to be the most preferred choice when it comes to starting or expanding one’s business ventures. Dubai is a place which has been making a strong economic growth over the years. It is also one of the fastest growing cities and offers good opportunities to its investors. During the period of recession also this was the only place which was safe enough for one to set up his business. It offers a liberal and luxurious environment and thus one should grab this opportunity and set up commercial venture without having any doubts. There are many business houses which have set up their commercial establishments in Dubai. One can get a 100% ownership if he sets up his business in what is known as a Free Zone. In a free zone you are not required to have a local partner. A free zone can be defined as an area which has special tax, imports and custom rules. You can set up business in Dubai free zone without facing any problems. There are many free zones in Dubai and you the selection can be made on the basis of the type of business you are having. In order to register you need to have a documentation which needs to be notarized in respective countries. This documentation consists of passport copies, application forms, business plan, CVs of staff and also financial background. There are several benefits of setting up business in Dubai free zone. These are 100% Tax Exemption, 100% foreign ownership and renewable 3 year residence visas etc. So, what are you still waiting for? Just set up business in Dubai and maximize your sales graph within shortest possible time.

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