Tag: Dubai

Dubai FDI, Links open new forum

Khalid Al Boom Executive Director of Dubai FDI, said: “expanding partnerships with investment promotion bodies across public and private sectors have helped Dubai FDI to offer strategic leads and advice to investors.”

“Dubai has substantially increased its capabilities in enabling business growth and integrating global supply chains. For businesses looking for new opportunities Dubai offers the best infrastructure, a friendly environment and the most convenient access to strategic growth markets, especially those in the Middle East, North Africa and South Asia (MENASA),” said Al Boom.

How to Start a Business in Dubai

Many people have developed successful, highly profitable businesses in Dubai. New operations are encouraged by the government and your local partner might be enthusiastically supportive. Export and manufacturing industries are especially strongly supported by government, particularly as regards the acquisition of land on which to construct a factory. If you set up such a business in a free trade zone, of which there are several in the region, it’s granted exemptions from import and export duties, commercial taxes, building and property license fees, land tax and restrictions on the transfer of capital invested in the zone.