In the past few years the city of Dubai has become one of the most invested places on earth and people from all around the world are investing in in sectors like logistics, tourism, construction, import export, management services, trading and lot of others.
The reasons behind this high investment are many but the top reasons are her
Strategically well placed:-
This city of lights is located ideally between Asia, Africa and Europe and this geo strategic positioning gives it an edge over its counterparts in business and investment. It is positioned in the center of the country’s coast which stretches more than 400 miles.
So it uses both the sea and land for trading activities. That’s the reason why consultants and Dubai lawyers advice people from all over to invest here. It also has one of the largest airports in the world.
Transportation of goods is easily handled by this large airport between East and West. This means that this modern city has the access to more than 3 billion consumers markets in Asia, Africa, Gulf and Europe.
Peaceful and safe:-
Surety, peace and safety are the first things that come to the mind when thinking of this city as it is one of the safest places to live and do business. According to research the crime index ratio here is one of the lowest in whole world.
It is known to the most stable city in the whole Middle East. Politically stability and ideal scenario for doing business has attracted millions of investors from all over the world to this part of the world as businesses can only flourish in peaceful environment.
Tax free city:-
The country’s economy is known to be one of the diversified ones in the whole region. The government’s policy of no taxes for almost all trading activities has made it the most attractive business location for investors from all over the world.
Dubai lawyers can help any business man in the exemption of taxes if any taxes are applied in the first ten years of business setup.
Following is the list of taxes that are not applicable in this beautiful city.
- Corporate tax
- Withholding tax
- Capital gains tax
- Value-added tax
- Personal income tax