The United Arab Emirates has emerged as the go-to location for investors wishing to make profitable investments. Investors are drawn to the UAE for various reasons, including the country's profusion of Free Zones, which provide many advantages such as tax exemptions and 100% ownership. If you are debating whether or not to invest in the UAE, we have developed a list of reasons to encourage you to do so and benefit from the Free Zones.
4 Reasons to Invest in the UAE and Take Advantage of the Free Zones
1. Minimal Taxes
The number one reason why investors should invest in UAE Free Zones is that there are minimal to no taxes to worry about. When exploring overseas investment opportunities, the large sums of funds wasted in taxes discourage individuals from pursuing their goals. However, since the businesses operating in free zones in UAE don't have to pay customs duties on equipment and are exempt from paying several other taxes, investors don't have to worry about a large chunk of their profits going to waste.
2. Effortless Visa Application Process
The UAE offers a variety of visas to prospective investors wishing to contribute to the country's economy. Furthermore, the nation has made it a priority to simplify visa requirements and eligibility criteria. Investors can also find various consultancy services that seek to provide assistance and guide them through the full visa application procedure. As a result, obtaining a UAE visa is significantly more straightforward than in other countries, which can be another motivating point for investors.
3. Logistics Center
Most major multinational corporations have established their regional bases in the UAE due to its popularity and designation as a center for commerce and trade. Investors can easily find direct flights to over 250 countries. Additionally, the UAE houses shipping routes to more than 400 cities. The nation also serves as a hub for conferences, international gatherings, and exhibits like the Dubai Expo. Investors can enjoy the opportunity to travel effortlessly, link with other nations via shipping routes, and be in the epicenter of major events.
4. An Inviting and Open Society
The UAE is regarded as an open society and country due to its diversified population comprising individuals from different nations, cultures, and faiths. The country is renowned for being open to new ideas and making every effort to synchronize with international markets and keep up with the rest of the globe. For example, to add ease for investors and businesses and allow them to do business with and connect with the rest of the world, the country shifted their workweek from Friday to Saturday to Saturday to Saturday to Sunday.
Bottom Line
Factors like minimum taxes, open society, effortless visa application, and the country being the world's logistics center should be enough reasons for aspiring investors to invest in the UAE. If you wish to set up a business in the country and take advantage of their free zones, we recommend seeking the services of Capatt Services. We are the leading firm for IFZA business setup in UAE and can help you effortlessly set up your business in the IFZA-free zone. Get in touch with us now to learn more about our services.
