Interesting facts:
Full versionThe United Arab Emirates (UAE) remains one of the most attractive jurisdictions for registering and conducting international business, and trade is no exception. Here you'll find a modern banking system, tax and regulatory advantages (which differ between free zones and the mainland), and effective legislative protection of investor rights. The UAE consistently ranks high in international business climate rankings (e.g., World Bank, IMD).
It is not a secret that the geographical location of the jurisdiction is of great importance for the efficient and profitable international trade. In this regard, the Emirates have every advantage and offer additional opportunities for international trade. The UAE's government policy is focused on developing international trade, including modernizing infrastructure and regulations. Road and rail links, modern shipping ports, and airports—all of this operates like a well-oiled machine and facilitates the active development of international trade.
Trade zones with special economic status, which are designed to attract more potential investors from all over the world, are a vivid example of state support. When it comes to international trade, popular options include JAFZA (direct access to the largest port), DMCC (specializing in gold, diamonds, precious metals, tea, coffee, and energy), DAFZA (direct access to the largest airport), and others. The choice of a specific option depends on the goals and objectives that the company sets for itself.
Clarify the cost of opening company, corporate or personal bank account, obtaining a residence visa, or another question regarding business in Dubai, UAE:
Dubai Airport Free Zone is a free trade zone on the territory of the international air hub of the Emirate of Dubai. The free trade zone has developed actively and improved constantly since the moment of its opening. Today many international trading companies, which are engaged in the most various market segments, operate on the territory of the specialized area. These market segments include air transportation and international logistics, food and pharmaceuticals, information technologies, household appliances, professional equipment and much more.
An international trading company registered in this free zone receives a number of additional opportunities and competitive advantages. For example, tax incentives are available, including a 0% corporate tax rate subject to qualifying income requirements. All free zones, including DAFZA, permit 100% foreign ownership, and starting in 2021, this same rule applies to the mainland for most activities (with the exception of certain strategic industries). Every foreign entrepreneur is legally permitted to repatriate profits and capital, subject to compliance with banking and anti-money laundering (AML) requirements. All companies registered in the UAE are required to maintain accounting records and undergo regular audits.
The Dubai Airport Free Zone trade zone meets all the requirements of the modern transport infrastructure and international logistics. A strategically advantageous location on the crossroads of trade routes from West to East will provide your business with the necessary capacities and will open access to the new markets across the globe. There is no doubt that, this area has everything required as the platform for creation a profitable international business scheme.
If you've decided to open a General Trading company in the UAE, DAFZA may be the optimal solution. However, the final choice depends on your goals and the most important factors (business costs, access to infrastructure, number of visas, etc.). Our specialists will help you choose the option that best suits your business. With our expert assistance, you'll have a highly profitable structure that will thrive and grow with the times.
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