Begin with a company formation in Dubai
The buzz is in Dubai. There is absolutely no doubt about that. If there has been one place over the last decade that has been the apple of every business tycoon’s eye, it has to be Dubai. What is the reason you ask? Everything! Right from the infrastructure to the people to the business opportunities here, it is all for the good. There has never been such a growing charm about Dubai and you can expect this to go on for years now. Especially with the coming of the World Expo 2020! The investments coming in are large and huge. If you have been thinking of a company formation in Dubai, this is the best time for it. There are plenty of companies that have been setup over the past few years and have reaped huge dividends. The simple reason behind this is the offering present for the people that take the initiative to start a business here.
1. Tax benefits: The amazing tax benefits are huge rage here. Everyone who comes to the country knows that the savings are a definite benefit. While you would be able to earn a lot more when it comes to any other country’s conversion rate, you would also stand to earn a lot by not paying a dime as tax every year. What does this mean? Better savings. This is the sole reason that a lot of people are looking at shifting base to UAE in search of work. So, no income tax on either your salaries or the profits you make in your business. It comes as no surprise that Dubai is called a tax free haven.
2. Huge Business options: There are so many markets and industries to tap here! You would be spoilt for choices to be frank. There are companies that are from the servicing and real estate sector that are doing fantastically well, at the same time there are tourism based companies that are on the positive. When it comes to financial guiding as well as consulting in IT services, there is a huge market available for this. The simple fact is that there are plenty of industries available to be tapped in Dubai and the question is which of these industries do you choose?
3. 100% ownership of your company: This one advantage is not seen anywhere else in the world. No other country allows you to own 100% stake in the company. This is feature that is provided in only a few sectors here and thus many people around the world invest their money here.
One of the matters that require a lot of attention is the amount of emphasis given on licensing needs. You need to give constant focus on the licensing requirements of your company and this can be done only with the help of a consultant in place – choose the best in the industry like flyingcolour.net! They would be able to guide you best on the different needs of the industry and the licensing issues to complete your company formation in Dubai.
