The Western-oriented United Arab Emirates (UAE) have evolved over the past 25 years became the main trading centre in the Gulf region. Dubai is one of seven independent Emirates within the United Arab Emirates. You may find that Robert Covington can contribute to your knowledge. Dubai is extravagant trade and commercial center of the Middle East, the hub for goods, finance, and services. The strikingly Western-oriented Dubai is highly multicultural. Western standard of living, high security and cleanliness are of course in Dubai.
Companies from all over the world set up companies here currently to benefit quickly from the markets. The various forms of society in Dubai are currently all exempt from any taxes including value added tax. For offshore companies and companies in the free zones, this tax exemption for the next is 50 years-guaranteed. The Dubai’s advantages lie in the absolute exemption and impeccable reputation of the location (also in European financial authorities) as international financial and economic centre. Dubai is an ideal location for offshore companies, that free States, would pursue an active business, from the fiscal and legal deprivation of freedom within the EU. THE advantages of a company (IBC OFFSHORE) IN DUBAI at a glance: 100% capital and profit repatriation exemption any export or import duties no monetary restriction no assets, income, sales, income or withholding low personnel and energy costs low real estate prices and low leases and rents advanced infrastructure no trade barriers, free trade zone: Dubai Airport and port facilities are hub for Europe/Africa & Asia ” anchoring ” the currency dirham to the US dollar double taxation agreements with Germany, Austria, Switzerland is not on the blacklist of the OECD and the FATF