A country once dependent only on its oil reserves for revenue is now the first preference for setting up a new business in the minds of young entrepreneurs. The UAE, a dynamic and developing country, is a federation of seven smaller emirates. Providing a favourable business environment and world class amenities and facilities to all the budding entrepreneurs, business setup in UAE is the best option for any young business person and eager investor. Being the growing ground for business, the UAE fits the bill to start a new business.
Synergy Gulf gives you 10 reasons to set up your new business in the UAE:
UAE is a growing market with a high demand for world class products across all industries. Sellers can benefit enormously from the sales in UAE.
The country is located strategically in a supply and resource rich region. It provides easy access and transportation facilities, acting as the gateway between the East and West.
Unlike other nations, UAE does not impose currency restrictions on exchange of money making it all the more favourable to the business.
Being the oil supplier to the world’s major clients, energy supply is available in abundance and at a subsidised cost.
UAE has many free trade zones which means that more and more customers prefer businesses in these zones as they are much cheaper than elsewhere.
One of the major reasons for UAE being a fertile ground is due to low taxation, tax is currently only applicable in the form of 5% VAT.
UAE offers world class infrastructure with state of the art industrial equipments and communication systems.
The population in UAE is well educated, both theoretically and practical. Freshers as well as experiences employees are available with hands on training, ready to complete tasks with perfection.
The government in UAE is foreigner friendly and welcomes the fresh and young minds with open arms. The government has a set of policies and norms favouring the business person as well as themselves. Keeping in mind the future of the nation, UAE supports foreign investment and offers incentives for flourishing businesses.
UAE has stepped into every business domain and has an expanding market. It has a rich diverse and cultural population demanding a variety of products and services, thus offering new businesses rocketing growth.
Interested in Company Formation in the UAE?
Synergy Gulf prides itself on providing impartial, efficient and exceptional service levels to ensure secure structures that match clients’ exact requirements are delivered quickly and efficiently. We specialise in the following service areas:
Company Formation in the GCC
Limited Liability Company (LLC)
Free Zone Entity
Representative Trade Office
Professional Service License
Labour Department Registration
Immigration Departure Procedures
Staff & Family Visas
Local Partnership Services
One of the most frequently incorporated commercial entities in the UAE is a Limited Liability Company (LLC). Under the law a limited liability company must have one or more local partners (shareholders) who must be a UAE national or a UAE company. The local partners are required to possess a minimum of 51% shareholding in the LLC.
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