The United Arab Emirates (UAE for short) are known worldwide in particular for their tax advantages and as one of the sunniest places in the world. The Arab region and above all the emirate of Dubai also offer a wealth of incentives for investors.
Liberal trade policies, internationally renowned major events, a skilled local workforce, a progressive zeitgeist, and a haven for future talent and business drivers are just a few. The economic importance of Middle Eastern countries has grown tremendously over the past decade. The UAE has emerged as a dynamic economic hub of the Middle East in recent years, notwithstanding the international financial crisis. Thanks to its political stability, diversified economy and excellent infrastructure, the UAE, and therefore Dubai, is an ideal location for foreign investors. Within the Federation of Arab Emirates, the Emirate of Dubai has become a regional foreign trade hub and an important financial center of the Arab world. A 0% tax rate is levied at both the corporate and individual levels. Only the oil, gas and banking industries are taxed. In addition, a sales tax of 5% is levied, which is very low by international standards.
Apart from the economic and tax incentives, the business metropolis Dubai offers further advantages. It is a top vacation destination with an eternal sunny climate, fantastic beaches, world-famous architecture and an outstanding quality of life. The emirate of Dubai is cosmopolitan, progressive and considered as one of the safest cities in the world. An aboveaverage competitive education and health care system as well as a variety of leisure activities and sights complete the picture
