Ahmed Hassan, CEO of Expand Corporate Services, a Dubai-based company that specializes in providing variety of operational services for companies and individuals, said that the UAE in general, and Dubai in particular, is distinguished by technological and economic progress that contributes to facilitating commercial procedures and licenses, which will reflect positively on attracting individuals and companies wishing to operate in the country, facilitating their registration procedures and providing ease to practicing their various activities.

The CEO referred to report issued by the Business Registration and Licensing Sector in the Department of Economy and Tourism in Dubai (DED), which has been published recently, that the sector’s successfully issued more than 45 thousand commercial licenses, which is a growth of approximately 25% compared to the first half of 2021. This report confirms the attractiveness of business in Dubai, as it is possible to start a business in Dubai within a few minutes in an easy and smooth process that saves time and effort.

Mr. Ahmed added: with the consistent vision for development and the remarkable achievements of the UAE, alongside the noticeable increase in the number of individuals and companies coming to establish businesses in the country, I have felt the inspiration and decided to launch “Expand Corporate Services” to contribute to providing business establishment.

In line with the development and to keep pace with the requirements of companies and business needs, several services have been introduced, including Tax services and Vat consultancy packages covering all the needs, Accounting Services, Businessmen Services, and much more.

The post Expand meets the expectations of establishing businesses in Dubai appeared first on Expand tax and businessmen services.

Dubai has created an environment that strongly encourages trade in many sectors, some of the most notable being:

• E-Commerce
• Crypto & Block Chain
• Robotics, Drones & AI
• Cyber Security

The city has done this to put itself to the fore as a global economic powerhouse. In many ways, they are succeeding!

Setting up a business in Dubai has become easier than ever and it is worth a serious look if you are planning to expand your operations to other areas of the world. Registering a business in Dubai provides many advantages.

Here is a list of some of the bigger ones we decided to highlight:

Taxation Benefits

A Dubai company faces no company tax, personal tax, capital gains tax or withholding taxes.

This means that business owners can legally enhance their profits through a Dubai LLC while minimizing their tax liabilities.

More money in your pocket.

Resident businesses also benefit from the city’s 60+ international double tax treaties which help reduce tax liabilities when you send money back home.

Ease of Banking

The UAE, and Dubai by extension, has physical representation from a significant number of international banking organisations and financial institutes. There are over 40 international and domestic banks to choose from as your financial institution.

Business Protection

Dubai actively works towards the protection of intellectual property and trademarks.

The region also takes a strong stance against piracy, as has the whole of the United Arab Emirates.

Ease of Business

Dubai mainland and free zones enable businesses to operate throughout the entire UAE without the need to formally register a branch in each location. This means an enlarged business footprint at a lower cost. This frees up more invaluable capital for your start-up when you most need it.

The United Arab Emirates is ranked 11th among 190 countries in the ease of doing business, according to the World Bank annual ratings.

The Dubai Free Zone Council has implemented new regulations for free zones. These new regulations are designed to boost foreign direct investment in the e-commerce sector. This creates an attractive business environment for e-commerce companies who are looking to do business globally.

Emigration

Legislation has begun to be put in place that will mean investors will be eligible for a 5 or 10-year residency. The length and eligibility will depend on the size of the investment.

Privacy

There is no public disclosure of any details regarding to the shareholders or directors of a company in Dubai.

It is easy to see why so many foreign nationals have registered and setup companies in Dubai. The vast amount of benefits and the low cost of registering a business means that you have smaller hurdles to overcome as a business owner. The 0% corporate tax rate keeps your money in your pocket…where it belongs!

If you would like to find out more information on setting up your company in Dubai, please feel free to contact us today.

We would love to chat with you!

The post Setup a Company in Dubai – The Benefits of Doing Business appeared first on Expand tax and businessmen services.