A Completely, 'TAX FREE', Market
As the leading regional trading hub, Dubai offers access to a market of outstanding potential for overseas companies in a wide range of sectors. Among its key characteristics are:
- A large market - more than $17 billion in domestic imports annually; gateway to a $150 billion p.a., 1.4 billion population regional import market;
- A growing market - Dubai's imports have more than doubled since 1989; regional economic growth and liberalisation is set to boost demand;
- A prosperous market - strategic location at the heart of one of the world's richest regions;
- A diversified market - wide import requirements; opportunities for suppliers of most products; An accessible market - served by more than 170 shipping lines and 86 airlines;
- An open market - no exchange controls, quotas or trade barriers.
The Business Environment
Dubai offers incoming business all the advantages of a highly developed economy. Its infrastructure and services match the highest international standards, facilitating efficiency, quality and service. Among the benefits are:
- Free enterprise system.
- Highly developed transport infrastructure.
- State-of-the-art telecommunications.
- Sophisticated financial and services sector.
- Top international exhibition and conference venue.
- High quality office and residential accommodation.
- Reliable power, utilities etc.
- First class hotels, hospitals, schools, shop
- Cosmopolitan lifestyle.
The Costs
Overseas companies setting up in Dubai can secure cost advantages not generally available internationally. Among the reasons are:
- No corporate taxes.
- No income taxes.
- No foreign exchange controls.
- No trade barriers.
- Competitive import duties (4% with many exemptions).
- Competitive labour, energy and real estate.
Doing Business in Dubai
Dubai offers foreign companies a wide choice of business options, including:
- Direct trade - selling directly to established dealers and distributors.
- Commercial agency arrangements - appointee must be a UAE national or company; agreement to be registered with Ministry of Economy and Commerce.
- Branch or representative office - 100% foreign ownership
- ermitted; local agent (sponsor) must be appointed;
- Economic Development Department licence required.
- Special free zone investment incentives.
Would you like us to introduce you?
Visiting a country for a first time, (or even the 20th time), can very often be an expensive, time consuming and unproductive experience leaving many companies with a belief that this market is either not for them or a very, very hard place to make a mark.
At the CEO Clubs, the theory and practice that it is very much a case of ‘who you know’ and as our management have been operating successfully here for over 20 years we are well placed to help you.
Introduction Dubai
For those who have not been here before we offer a five day familiarisation tour
showing you Dubai, introducing the specifics of your particular market and introducing you to a few shortcuts that will help you on your way. This package consists of:-
- Advice/assistance with flights
- Hotel for four nights, (4 star - can be upgraded)
- A welcome pack consisting of all the relevant information you will need to get you started
- Lunch and dinner each day
- A business tour guide
- A city tour
- A two hour induction by one of our senior consultants
- A networking event-(lunch or drinks reception where you will be introduced to a number of local businessmen)
- A tour of Dubai - desert safari, dow cruise or visits to the museums/government building/palaces/ hotels
- A visit to the Chamber of Commerce and a briefing by one the senior Chamber members
- Literature/guide on how to establish a business in Dubai
From $2,500 per person (excludes flight from your country of origin)
Intermediary
As introduction package, but also includes introductions to all the relevant business councils and a guaranteed three relevant pre-arranged appointments.
$5,500 per person (excludes flight from your country of origin)
Advanced
As introduction package and intermediary, then also includes four pre-arranged relevant meetings and membership for one year of CEO Club’s MENA International program.
$7,500 per person (excludes flight from your country of origin)
Register now to join CEO Clubs
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