Foreign Branch set up in UAE

 

Dubai is the second largest emirate and ranks as the UAE’s most important port and commercial centre. It has worked to transform itself into a broadly diversified economy. Foreign Branch set up in UAE  Critical sectors include manufacturing, logistics, financial services, information technology, retail, travel, tourism, healthcare and education, in addition to a strong focus on green technologies. To attract international business Dubai has invested heavily in its transport, telecommunications, energy and industrial infrastructure. There are no income or capital taxes in Dubai, except for oil and domestic banking, and no withholding taxes. Companies in Dubai can obtain further significant advantages from the absence of foreign exchange controls, trade barriers or quotas, making it an ideal location for business setup and company formation.

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