The tech evolution in the past decade helped many industries to develop rapidly and to embrace the new business era. Smart manufacturing gained a lot of terrain in Dubai as there are many companies that decided to change the traditional operations with the computer-controlled ones in the physical process of manufacturing. It is a good way to invest in Dubai’s attractive opportunities, including in the smart manufacturing area. Legal guidance can be offered by our team of lawyers in Dubai at the time you wish to register a business.
With a complete focus on the excellent direction and development of start-ups in Dubai, the government decided to support even more the appealing and full of opportunities sector by granting a ten-year visa for foreign entrepreneurs in the Emirate. Even if the return of investments is in most cases the decisional factor in the business environment, the innovation, the technology and the incentives implemented in a large palette of industries will show positive results faster than expected. If you would like to have an idea about how to set up a business in Dubai and the legislation that stands at the base of this matter, we invite you to address your questions to our team of lawyers in Dubai.
Dubai’s free trade zones are the most prolific business destinations for numerous investors wanting to explore the possibilities and the benefits offered in powerful and appealing industries. The 100% foreign ownership of companies in the free zones of Dubai attracts entrepreneurs worldwide, besides the advantages of the taxation regime. For a better understanding of how businesses can be set up in Dubai’s free zones, we invite you to talk to one of our lawyers in Dubai and find out complete information about the legal aspects.
Without a doubt, Dubai is the business destination that offers plenty of opportunities for small, medium and large investors worldwide. Maintaining the status of global leadership in foreign investors is not so difficult because the flow of foreign direct investments is at high levels and in the complete attention of the Department of Economic Development and Dubai Investment Development Agency. Among the prolific sectors for investments and profits, the IT field is in top position. The easy ways of doing business in the UAE’s IT sector make numerous entrepreneurs decide for placing the activities in this area, but it is suggested to work with our team of lawyers in Dubai for legal support.
Investors and entrepreneurs from all over the world are invited to the biggest international event, Dubai Expo 2020. The event is meant to connect ideas, projects, and initiatives in important sectors like real estate, finances, infrastructure, technology, innovation, and many more. Considering the big significance of Dubai Expo 2020, the preparations started since the day the event was announced. The logistics and the infrastructure projects are expected to boom by 2020, as numerous investments already enter through all sorts of projects in the UAE. Understanding the business climate in Dubai will help investors from abroad easily establish their companies. In this matter, our lawyers in Dubai are at your disposal with legal support.
Dubai is for many years the economic engine of the UAE and the fastest-developing metropolis which continues to expand in a rapid mode for many years. An economic growth of 3.7% for 2018 compared to 3.3% in 2017 is no longer just a number on the list of predictions, as it can be achievable with the help of the non-oil economic sectors. Foreign investments continue to sustain the thriving business environment in Dubai, and entrepreneurs who want to set up their companies in the UAE can solicit the legal support offered by our team of lawyers in Dubai.
The implementation of the 5% VAT rate in the UAE starting with January 2018 affected varied sectors. Luckily, the tax authorities are able to offer certain tax reliefs, as it is the case for the jewelry industry in Dubai. In this matter, the wholesale gold is exempt from VAT taxation. Knowing properly how the tax structure works in the UAE will help entrepreneurs understand better the business direction. The legal aspects related to taxation can be explained by our team of lawyers in Dubai. They can also help entrepreneurs establish the business presence on the market.
The UAE’s economic growth in recent years has been significantly sustained by the force of tourism and by the household consumption. The same trend is available this year, according to the statistics for 2018. Foreign investments enter in a large amount in the UAE, and Dubai is a preferred business destination where foreigners can easily establish their operation. The legal matters in this sense can be explained by our lawyers in Dubai.
A solid business and financial center like Dubai is appreciated as an international level by many foreigners who are aware of the opportunities of this well-developed metropolis. This is why recently Dubai was considered the proper destination for having business meetings and events in 2017. Foreign investors who want to open companies in Dubai are suggested to ask for legal advice in all matters, in order to properly conduct business on the market.
Focusing on how the business environment should look like in a city full of opportunities was the main role of the authorities in the UAE for the past decades. Foreign investments are welcomed in Dubai, a city recognized and appreciated as a business hub on a local and international plan which offers a multitude of ideas and chances of developments. This is how Dubai conquered the 7th position as a preferred destination for investments among significant players worldwide. If you are a foreign investor willing to explore the profit opportunities in Dubai but you need a starting point, our lawyers in Dubai can help you in this sense.
Dubai develops the real estate sector in a fast manner due to high demands on the market. Considering the favorable climate for business purposes, and the attraction for properties in Dubai, the transactions are confirmed the same day, but most of them involve a particular period of time until they are concluded. To avoid the unnecessary waiting time, the Dubai Land Department decided to change the rules in this sense and to help investors transact real estate businesses in just one day. Regarding the legal aspects in this direction, our lawyers in Dubai can offer the needed assistance on request. Also, our team can help entrepreneurs establish their companies in the UAE.
The first half of 2017 has been crucial and successful for the business environment in Dubai. As a statement in this matter, the Dubai’s sovereign wealth fund, respectively the Investment Corporation of Dubai, registered profits of approximately $ 2.8 billion or AED 10.3 billion for the first months of this year, between January and June. With a continuous and fruitful expansion, Dubai awaits and welcomes foreign investments in a wide range of industries. The legislation related to the business field in Dubai and the legal methods through which you can set up your business may be explained by our lawyers in Dubai.
Dubai Investments Park represents a high-quality project which comprises the commercial, residential and industrial activities in only one place. It is also considered a city built in a city, as the complex is controlled by Dubai Investments Park Development Company LLC. With remarkable services and infrastructure, many foreign entrepreneurs decide to relocate in this area for business purposes. Because it is a successful project, the authorities have decided to raise the limit of ownerships in foreign companies, this way encouraging even more the foreign investments. Business persons interested in placing their activities in Dubai Investments Park or in Dubai’s free zones are suggested to ask for legal support from our lawyers in Dubai.
Expo 2020 Dubai is a long-awaited event which gathers and connects business people and future entrepreneurs from around the world, having one purpose only: how to create a better future with the help of technology on a global level. Participants are invited to present their projects and meet potential investors for future and fruitful business partnerships. Dubai has always been open to investments, and persons who want to benefit from a stable and reliable business environment should also seek information about the legislation in varied fields. Our lawyers in Dubai are at your disposal with legal services on request in matters related to investments and company formation.
The past 15 years have been crucial for the UAE's fast forward development, as there were numerous reforms and investments made, focusing on quality and fast implementation. Businesses in Dubai have proven easy to implement and grow, numerous investors having success in their area of interest which is shown in their annual profits. Your investments can also flourish in Dubai if you decide for suitable business areas. In compliance with the legislation related to foreign investments, we suggest you ask for legal support from our lawyers in Dubai.
Without a doubt, Dubai is a metropolis with one of the fastest development rates in the world. This time, the authorities planned a new commercial and residential area named Uptown Dubai, to “compete” with Downtown Dubai, a well-known suburban zone. Numerous investors have declared their interests in the new project which is set to launch in 2020. The legislation related to the foreign investments in the UAE is permissible and can be explained by our lawyers in Dubai.
In a continuous development in varied areas for a better living among many others, Dubai is ready for a new level of innovation. The aviation sector, for instance, will attract varied investments as there are numerous solutions and challenges related to a self-driving fleet to boost the airline efficiency in the Emirates. Foreign investments have been accepted in numerous innovative sectors in Dubai, and the trend keeps developing. With complete legal support from our lawyers in Dubai, entrepreneurs from abroad can establish their presence on the Arabian market.
Businessmen who want to start their activities in Dubai, whether they are from the UAE or from overseas should consider opening a bank account for the minimum share capital if required, and for further financial transactions. There are numerous banks in the Emirates from which an entrepreneur can choose, considering that each financial institution respects the provisions of the Banking Law in the UAE. Our lawyers in Dubai can help you set up a bank account for your company in Dubai.