Why businessmen prefer Dubai for their business?

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hamt

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Jun 25, 2014
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Many business people are attracted to Dubai because of low tax system and so they travel here from different parts of the world. Dubai is one of the most preferred destinations when it comes to set up a new company or to expand your existing business like hospitality business, construction or finance. Government here promises to give new business starters complete support and advice so the foreigners are attracted to make healthy investment in various business sectors.
 
Let's be honest who would want to stay and do business where they are, if they could possibly achieve their business ideals in Dubai.
 
Absolutely, Dubai will be the best option for those who look forward to start a business.
 
A business in what area? and how difficult is it to get started in Dubai? I read there are other states than Dubai who offer no tax zones?
 
Dubai is one of the most preferred destinations when it comes to set up a new company or to expand your existing business like hospitality business, construction or finance. You can have the assistance of business consultants here to help with company registration process.
 
In Dubai, the company is allowed to have 100% foreign ownership and the shareholder is not required to be a Dubai resident in particular. This type of facilities are not available in all offshores.
 
In Dubai' date=' the company is allowed to have 100% foreign ownership and the shareholder is not required to be a Dubai resident in particular. This type of facilities are not available in all offshores.[/quote']
That's not true, exact same in Seychelles, Belize and many other offshore jurisdictions!!
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
 
sorry if there was any confusion but I mentioned that this features are not available in all offshores. It may be available in other offshores but not in all offshores.
 
sorry if there was any confusion but I mentioned that this features are not available in all offshores. It may be available in other offshores but not in all offshores.
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Agree, he said in "some offshore jurisdictions" 😉 not all. I agree, Dubai may be a good alternative offshore jurisdiction for your company.
 
Sorry for the confusion I thought it was overall.!

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Thank you for the cooperation Mr.Curtlee and Admin team. 🙂
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Your welcome, I just made it clear that you were not talking about all jurisdictions 🙂 I consider a Dubai company at the moment as an additional entity in my offshore setup.
 
Dubai and RAK are some great placed to establish your company and business! You may give it a shoot to see how your business will develop in a tax free world 🙂
 
Can you let us know what the estimated costs are to incorporate in Dubai?
 
Yes exactly @cnpeurope You will really benefit doing business in Dubai region. 🙂
 
Alain thanks for your query. The cost depends on certain parameters like the type of incorporation,the region, etc.. You can get detailed information from the HLB Hamt Dubai...always online to help you out with best solutions.

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What about a simple setup similar to a Seychelles IBC? just company and the minimum required.. what's the costs?
 
Hi Curtlee thanks for ur query. This can be best answered by one of the specialist. Do visit the website of HLB Hamt Dubai...always online to help you out with best solutions.
 
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