Why I Do My Business In Dubai - Get Ready For Fly

By Author: Leura Zones
Total Articles: 38
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I have had a lot of questions from a lot of people lately mostly relating to the title of this article. People are asking me why I decided to start operating my business from Dubai. It would seem strange that I make a decision to move from Europe to the Middle East, in the middle of the desert in some people's opinion. Well, to begin with, Dubai may be in the desert but it boasts of amenities that would turn any city in Europe or America green, very green with envy. In fact, despite the distance, it is so easy to get cheap flights to Dubai. Once there, you could actually go through the day without remembering that you are in the desert. It is really amazing. It's a very realistic dreamland. But then, let's talk about why my business now operates out of Dubai.
Let me start with the raft of opportunities that Dubai presents to businessmen, professionals and investors. Yes, regarding of the kind of enterprise that you run, Dubai seems to have something for you. You will have covering in many areas like trade, transportation and distribution, ...
... regional offices in the Middle East as well as processing and manufacturing. The direct result of Dubai dominance of business activities in the Middle East region is that it presents a huge window to foreign companies in diverse fields. Some of these opportunities include:
i. A strategically located market. The Middle East is quite easily one of the regions of the world where a lot of money is generated. Its prosperity is hard to dampen and Dubai is tight in the middle of that region.
ii. A Vast and growing market: The value of the region's import market is placed at $150 billion and it is growing rapidly while it imports about $17 billion in domestic goods every year to satisfy a population of about 1.4 billion people.
iii. A multifaceted market: It is hard to find many places in the world where there are no exchange con trolls, trade barriers or quotas. There are about 86 airlines servicing Dubai's air routes and with that large number increases the possibility of a cheap flight ticket. The shipping routes are serviced by over 170 shipping lines.

If you are wondering some of the direct benefits that I have seen in moving my business to Dubai, then let me start by giving some facts:

i. There are no corporate taxes
ii. The import duties are competitive, with many exemptions while still a miniscule 4%
iii. The labour costs are competitive
iv. There are no income taxes
v. The real estate costs are very competitive
vi. I have full (100%) ownership of my enterprise even as a foreigner operating within the widely acclaimed Jebel Ali Free Zone
vii. Recruitment and administrative support within the free trade zone
viii. The no-tax guarantee is for a period of fifteen years and still renewable
ix. There are no customs duties within the free zone

If you are amazed, I will not be surprised.As a businessman,I was just as amazed when I got to know of these opportunities including the possibility of flight cheap deals and believe me, I am not elaborating for lack of space. Dubai is great for business.