Why Dubai?
As a leading regional commercial hub with a state-of-the-art infrastructure and a world-class business environment, Dubai provides a unique and comprehensive value-added platform that makes Dubai the logical place to do business - especially for those companies that trade between the East and West or want a platform closer to the East if head office is Western Europe or the America's.
Dubai still has a ' Pro Business Attitude'!
 Sophisticated fast track business initiatives
139 of the G500 MNCs in Dubai, 9 out of top 10 present in Dubai
Robust economic clusters including technology & Internet hub, media hub, finance hub & healthcare hub.
World class free zones
No Corporate Tax -The only exceptions to this are oil producing companies & branches of foreign banks.
No Income Tax
100% Ownership of Real Estate in the Free Zones and specific identified locations that IPD can assist with
No foreign exchange controls, trade barriers or quotas
No restrictions on capital repatriation
Strong investor incentives and protections
Easy access to key decision makers
Relatively Low Cost Work Environment
Access to low cost regional talent
State of the art telecommunications
Competitive energy costs
Competitive real estate costs
Competitive import duties (5% with many exemptions)
Since the formation of the United Arab Emirates in 1971, Dubai has developed rapidly from oil and gas based state to a broadly based market economy. A 30 year development plan provided for substantial investment in education and infrastructure (transport and telecommunications) and has led to rapid growth in trade and inward investment. Dubai offers a world-class airline (Emirates Airlines), world-class tourism (over 30 five-star hotels and the world’s first seven-star hotel, Burj Al Arab) and world-class sporting events: The Dubai World Cup (the world’s richest horse race), the Dubai Desert Classic (golf ) and the Dubai Rugby Sevens. Dubailand is a huge development located towards the desert. It consists of 6 themed worlds & comprising over 200 individual projects it will become the biggest, most varied leisure, entertainment & tourist attraction on the planet - approximately seven projects finished by 2008 forming the 1st operational phase of Dubailand. Dubailand expects to employ 300,000 and attract 200,000 visitors a day!
The Dubai International Financial Centre (DIFC) is a specially created financial district for the whole of the Middle East. It has been set up to accelerate the repatriation of $1 trillion, which is currently invested & managed outside the region. Located between the London & Hong Kong stock exchanges it is a unique free zone with its own laws.
In recent years, Dubai has established Dubai Internet City and Dubai Media City, providing the regional hubs for IT (notably Microsoft and HP) and media businesses (Reuters and CNN). |
