Dubai: focal point for Global Trade and Commerce
During the period of last decade the entire globe has witnessed an oil producing country emerging as the business hub in the world. Dubai is one of the seven continents of the United Arab Emirates which has been one of the hottest destinations for the investors both for the internationals and the regional ones in order to setup a company or business or business setup in UAE and invest in the rapidly enhancing business environment. It is quit true that like most of the region of the world Dubai was also badly effected during the period of recession but it managed to recover from the crises and stand on the same place where it was before which was an impossible thing but Dubai managed to do so and that is the reason why investors have built up a firm believe that they will get higher returns sooner or later and their deal and investment with in the premises of Dubai will not be at stake, therefore, even after the recession period the economy of Dubai rose again because the investor and businessman continued to invest and continued their business activates as they were doing earlier.
Apart from the strong economy system, Dubai has offered some of the finest offers to the investors and business person of the world that has made it possible to emerge Dubai as the hub of all the commercial activities. Setup business in Dubai is so perfect that one can not get the benefits in any other part of the world that he is availing here in Dubai. For the international businessman, one of the many benefits that they can avail of having a virtual office Dubai and establishing a business in Dubai is that they will not have to pay a higher tax rate and as a matter of fact the tax rate in Dubai is much lesser than that of any other of the world.
Another reason that why people prefer to have their investment in Dubai is that it is also the safest place in the world in all possible manners weather considering the politically, economically or by any other factor. Knowing the factors and positive features of Dubai, now the most important thing that one has to be well aware of is the idea of setting up a business and procedures required in order to do so. There are several ways via which one can start a company and any particular Dubai business formation but the most common mode adopted is by the use of Limited Liability Company, a LLC is one in which the international investor has to find a sponsor in the local market whose share is 51% in the company. The other form of opening a currently running business is by the use of licensing or launching a branch office which again requires a sponsor from the local market. The best way and mostly adopted method in modern era is establishing business in the free zone. A Free Zone enables an individual to become the cent percent owner of the business without the help or sponsorship of any local one.
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