Dubai, one of the 7 emirates, is a vibrant and unique cosmopolitan city and is one of the most popular of tourist destinations across the world. It offers a combination of excellent infrastructure and fantastic hotels, dining shopping, and a variety of entertainment facilities. Here you can experience the traditional adventure of Arabia in a convenient and comfortable manner. Along with being a tourist hub, it provides a lot of business advantages for those looking to form a company here and therefore has emerged as a business hub of the Middle East. So if you are looking for a company formation in Dubai, you must first contact a good business advisory firm like Adam Global (http://www.adamglobal.com/) that can help you in company set up as well as also guide you to run it smoothly.
There are many reasons for choosing Dubai for starting a company. The few essential ones according to Adam Global (http://www.adamglobal.com/) include:
· Offers strategic location: since Dubai is situated in the middle of UAE with its coast stretching along 400 mile, it is an ideal location for a variety of business activities like trading, logistics, hospitality, and many others. The easy access to sea and the site to one of the largest airport in the world makes it easier to transport goods between east and west.
· Zero taxation: since the economy of UAE is the most liberal and diversified across the globe, therefore it attracts many of the entrepreneurs to establish their business here. Dubai is the most famous of all emirates as it offers a no taxation policy for almost every kind of business set up here.
· Offers safety to reside and do business: another reason of setting up a company in Dubai is the safety and well-being it offers. Compared to the other parts of the world, the crime index is very low and therefore Dubai is counted as one of the safest and secure places to live and do business.
· Many free zones: you as a foreign investor can set up a business in a free zone of Dubai and attain a 100% ownership over the business. You will not have to share your profits with a local emirate. There are over 30 Free Zones in Dubai, each of which is designated to a particular business sector.