Ideas for the business
In UAE the best city to start up a business mostly selected is Dubai only because of the exposure to the people in Business. There exists the business types from the small, medium and large scales from very long days before with earning good profit.
Dubai is located in what can be considered perhaps the richest province in the world. This makes the emirate the leading trading center in this particular region. A person who is new to the city has to know more about Dubai Trade and its current status too. Business in Dubai seems to be great challenge to the existing Arab people who already do business there in the category you are.
An expertise back support is very much required for the immediate startup or even a new business person to Dubai. As these expertise’s are called as the Business consultant who are servicing fully for the business purposes in Dubai. We are also one of the consultant who offers best of our services in encouraging the new company formation formalities, expanding or relocating business to UAE or turning your business ideas into a start-up. We are also into services associated with exporting and re-exporting business from Gulf regions, trademark registration and ISO Certification and so on.
We will help you to know about the business environment:
- The tax availed in Dubai is not applicable for the individual, Investment gains, property transfers cases, income from rentals and inheritances.
- Existing businesses in Dubai does not have the commercial tax except the oil companies and banks.
- No boundaries for money in Dubai. Thus when even high valued world currency exchanging is an effortless here. The major point here is the hotels or any banks present gives very good exchange rate for any currency.
- Repatriation of investment and profits does not have any restrictions in Dubai.
- Import duties in Dubai are quite aggressive Non-luxury goods. Simply it can be explained as four percent (4%) import duty and it’s ten percent (10%) for luxury items.
- In Dubai continuous operations in week is allowed with the availability of inexpensive energy supply there.
- The Dubai business environment can be simply described that employee recruitment is quite easy there, owning real estate with reasonable cost, communication seems to be extremely competence.
- Dubai provides a virtually free enterprise system, highly reliable telecommunications system, and modern transportation infrastructure compared to other part of Emirates.
- In Dubai telling about the business culture it acts as the world’s top venues for business convention/meetings and trade exhibitions.
- The high class shopping malls, hotels, hospitals (Dubai happens to enjoy the peculiarity of having the “biggest” in each of these three categories) and schools are abundant in the emirate.
For all intents and purposes, Dubai is an open market – There are no trade barriers, exchange controls, or quotas imposed in the emirate. Business timings in Dubai are from 8:00 in the morning to 1:00 in the afternoon and from 4:00 in the afternoon to 8:00 in the evening, daily excluding Fridays. Banking hours, on the other hand, are from 8:00 in the morning to 1:00 in the afternoon (Saturday to Wednesday) and from 8:00 in the morning to 12:00 noon (on Thursdays).
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