search
Only on Eduzaurus

Expert solutions for moving your business to the UAE

Download essay Need help with essay?
Need help with writing assignment?
74
writers online
to help you with essay
Download PDF

Staying competitive in an increasingly dynamic business environment means closely monitoring the market and economic factors that can make or break your business. It means going global, tapping in to new markets while being smart about keeping operating costs as low as possible.

In today’s world many companies choose to move or expand overseas in search of better legal, labour and tax climates where their companies will flourish. The UAE has rapidly become a haven for savvy entrepreneurs and global strategists looking to thrive in a booming economy.

Essay due? We'll write it for you!

Any subject

Min. 3-hour delivery

Pay if satisfied

Get your price

Why the UAE?

The UAE is famously tax-free, and as a developed nation offers a stable economic and political environment for business growth and expansion. With 2016 GDP reaching around $108B in Dubai alone, the UAE is a rapidly growing global hub. It offers strategic access to the Persian Gulf region and all the benefits of cutting-edge, well-developed infrastructure for competitive trade.

International companies are rapidly relocating within the UAE because investments are amongst the best-protected worldwide under transparent legislation. The region offers dependable banking systems, a talented labour pool and attractive FDI policies.

Learning from common issues

It’s not easy to completely move your company internationally, so we’ve rounded up some of the common problems faced by businesses moving to the Emirates.

Company registration

The time and administration costs of registering your business in the UAE can be vast, and take away from the strategic demands of running your company. Business registration requires in-depth understanding of UAE legislation and regional market dynamics. Deciding where and why to set up can be stressful, and your decisions will determine what licenses and permits come next. By outsourcing these decisions to local experts you can benefit from existing knowledge of these factors.

Visa requirements

Becoming a UAE resident gives you flexibility to travel visa-free between neighbouring and Persian Gulf countries, making it easier to conduct business and trade in a high economic growth region.

Corporate tax in the EU averaged 18.35% in 2017, while US companies faced a whopping 38.91%. The UAE offers tax-free corporate and personal income, and free trade zones designed to provide ideal legal and economic infrastructure for foreign business growth.

Becoming a resident however, can involve myriad paperwork and is best left to qualified attorneys who can do the hard work while you focus on your business goals.

Legal compliance

The UAE has incredibly low corruption rates and transparent financial systems underpinning it’s thriving GDP growth. Becoming familiar with the regulatory system in a new region can be time-consuming and confusing. This can be especially difficult if you’re not fluent in Arabic, making legal compliance another area best left to experts.

Solution features

SORP offers professional solutions to common issues experienced by strategic managers and entrepreneurs through our customized:

  • business setup solutions; helping you make strategic sector-specific decisions about business location, licensing and permit requirements
  • residency visa services; giving you flexible access to open bank accounts and earn tax-free income
  • legal assistance; protecting your company by ensuring compliance with Emirati labour, corporate and tax regulations

Disclaimer

This essay has been submitted by a student. This is not an example of the work written by our professional essay writers. You can order our professional work here.

We use cookies to offer you the best experience. By continuing to use this website, you consent to our Cookies policy.

background

Want to get a custom essay from scratch?

Do not miss your deadline waiting for inspiration!

Our writers will handle essay of any difficulty in no time.