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UAE Business Climate

Doing business in the UAE is very attractive due to the following reasons

  • No personal income and capital taxes
  • No corporate taxation
  • 100% repatriation of capital and profits
  • No currency restrictions
  • Competitive import duties (5% with many exemptions).
  • Modern efficient communication facilities
  • Abundant and inexpensive energy supply
  • Simple staff recruitment procedures
  • Competitive freight charges
  • Competitive real estate costs.
  • Easy access to both sea and airports.

UAE CORPORATE TAXATION

There is no corporate tax or personal tax in the UAE.

The only exceptions to this are oil producing companies and branches of foreign banks.

Direct taxation is against the traditions of the UAE and it is highly unlikely that it will be introduced in the future.

UAE CURRENCY AND EXCHANGE RATE

There are no exchange controls in the UAE and its currency, the UAE Dirham, is freely convertible.

The Dirham is linked to the US dollar, the currency by which oil prices are measured.

The exchange rate has remained at Dh 3.675 = US$ 1 since 1977.

We can help your business to grow within the UAE. Click here to contact us with your enquiry

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arabbritishWe are not just a web based Dubai company formation business.
Whatever your financial objectives, bring them to us and we make sure you achieve them. Whether you're looking to pay less tax, wish to establish Dubai company formation, a Dubai bank account, safeguard your business, set up a Dubai virtual office, or become immune to over-regulation, it's almost certain that your aspirations can be achieved quickly, easily and professionally by us. 
Members of the Arab British Chamber of Commerce

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