With other sectors gaining ground vis-à-vis the oil sector, foreign investments continue to trend upwards the UAE, making it a frontline, future-proof investment destination. While 100% foreign ownership legislation brought to pass lately, other progressive steps are in the pipeline, including the creation of Dubai’s geo-economic map, creative zones in higher academic institutes, and the first and only-of-its-kind virtual commercial city. The signs are encouraging for both the UAE’s economy and expat investors looking for business setup in Dubai or other emirates.

Haitham, Director of Business for MENA Region at Danburite Corp recently stated, “Much has been said about the role of an upbeat economy, sound infrastructure, tax reliefs and easy business setup Dubai procedure in making the UAE a coveted investment destination. At Danburite Corp, we set out to identify and define factors that will help it sustain the investment inflow and keep the UAE’s domination intact. We zeroed in on four key reasons, the most prominent of which is the ease of doing business ensured through governmental initiatives.”

The newly introduced 100% foreign ownership legislation manifests the ease of doing business aptly, eliminating the need to involve a local partner for business registration in UAE. The expat investors can stay in total control of their start-up and repatriate profits and capital freely. Coupled with zero taxes, low import duties and other tax and cost benefits, maximum profitability is ensured for the foreign entrepreneur. The licensing and approval processes are simple, quick and transparent, and excellent value-added services are readily available.

Haitham further stated, “Our findings point out the easy availability of a growing market as the second growth driver. From construction to hospitality and retail and defence to oil, the region boasts of a readily available client base across each sector. Add to it the easy connectivity to international markets, investors can grow, expand and branch out quickly. An entrepreneurial culture fostered by the UAE is the third factor driving investors to setup a company in Dubai.”

The culture is evident in the way several high worth start-ups have cropped across jurisdictions and emirates of late. Per Danburite Corp, the presence of high net worth individuals is the fourth key contributor to the investment influx. Reportedly, the region is home to an elite class with a collective worth of 2.1 trillion dollars, making it the world’s wealth management hub.

About Danburite Corp:
Danburite Corp is a business setup company in Dubai with international execution capabilities. The company offers end-to-end company formation, management and liquidation services with the commitment to the highest standards in service delivery and the client’s needs and budget.

Contact Information:
Danburite Corporate
Pony Building, Office 20
Etihad Road, PO Box: 89561
Dubai, UAE
Phone: +971 56 8080092, +971 4 256 4662
Email: [email protected]
Website: http://www.danburitecorp.com/