United Arab Emirates (UAE) is one of the largest business hubs across the world. With its growing economy, UAE has turned out to be the best-chosen destination for entrepreneurs from different parts of the world. The market-friendly policies and utmost government support have made UAE the preferred location for fostering foreign investment, innovations, consistent research and development. Company formation in any part of the UAE is a wise choice for those who are willing to open up their brand new company or a new branch of the existing company
UAE has the commonly known advantages like best-in-class infrastructure, flexible government norms and convenient business environment. Apart from the above, here are some of the major reasons why forming your company in the UAE is beneficial are
Diversified market with big global trading demands
Good connectivity with over 90 airlines and 170 shipping lines
No personal, capital or income tax is levied
No currency restrictions on money exchange
Permits 100% repatriation of capital and profits
Accommodation is appreciable with developed financial services