Business Description
The United Arab Emirates is situated in the East of the Arab world. It overlooks the Gulf of Oman to the East and the Arabian Gulf to the North. The Arabian Gulf and Gulf of Oman are linked by the Straits of Hormuz.
The laws and regulations that govern foreign investment in the United Arab Emirates are largely conducive to foreign investment. Although important tariffs in the UAE stand at 5 percent, more than 75 percent of imports stillenter the country duty-free, and there are no tariffs on exports. Each Emirate has its own customs authority, while a national committee formulates general policies.
Dubai, the commercial hub of UAE has attracted investment by setting up tax-free zones, including a financial services business park. It also opened up its real estate sector to foreign investment in 2002. The UAE stood fifth globally in the ‘freedom to trade internationally’ category, as compared to ranks of 18 and 25 secured by Germany and the US, respectively.
Petroleum dominates the economy of the UAE and major industrial development is also petroleum related. However, to diversify the economy and attract investment in terms of expertise and capital, the governments in individual Emirates – Dubai, Ras Al Khaimah, Abu Dhabi, Fujairah, Ajman, Sharjah, and Umm al Quwain – seek to provide an attractive business environment. Some of the principle features of economic and business environment in the UAE include:
A coordinated infrastructure that provides all essential utilities tomajor business centers
Virtual absence of taxation
Well structured financial sector with no exchange control regulations
Free Trade Zones to ensure ease of registration and efficient operating
Attractive social environment including modern educational, medical and recreational activities
The ideal location of the country, its long coastline, its natural beauty, good connectivity with rest of the world, the literacy level and hospitality of its people are some of the factors that augur well for its continued growth.
With Universal Consultants DMCC you can make the most of this environment and establish dynamic business entities in the UAE. If you aim to
start a business in one of UAE’s Free Zones, we will provide you required guidance and support to make the beginning in the right direction. We aim to leverage our credentials as authorized business consultant for business set up services in Dubai and other UAE Free Trade Zones including
Jebel Ali Free Zone, Ras Al Khaimah,
Hamriya,
DMCC and
Ajman Free Zone. The seasoned professionals at Universal Consultants DMCC help you avail the best business opportunities available in Dubai and rest of UAE market today. Experience in different business domains has given us the ability to set up companies in industries such as construction, real estate, gold and diamond trade, automobiles, media, hotels & restaurants, trade& tourism, hypermarkets, and general trade among others.
Our services do not stop with company set up. We also help you adopt compatible information systems and technology, recruit the right staff and implement effective marketing strategies for the expansion and growth of your business.
UAE Free Trade Zones are among the strong wheels that drive this country’s economic growth. They attract huge foreign investments, create thousands of jobs and facilitate the needed technology transfer into the country. Together, the free zones account for more than half of UAE’s non-oil exports and underpin the country’s ranking as the third most important re-export centre in the world.
An independent Free Zone Authority governs each free zone and issues licenses for operations in the area. Universal Consultants DMCC helps you to acquire license:
To
register a new company in the form of a Free Zone Establishment /Free Zone Company, and
To establish a branch or representative office of a parent company based within or outside the UAE.
Once a legal presence has been established in a free trade zone, we also help you to lease premises or land and acquire an operating license from the FZA.
Universal Consultants DMCC will help you to establish your presence in this region and through us you can easily access and branch into the emerging markets. With the assistance of our team you can enjoy the widest range of facilities and value added services, along with key benefits such as:
Complete tax exemption
No curbs on capital and profit repatriation
Strategic location
Convenient, modern communication facilities
Easy access to RAK’s airport and sea ports
We help you establish your business entities in other prominent UAE Free Trade Zones including Jebel Ali Free Zone, Dubai Cars and Automotive Zone, Gold and Diamond Park, Dubai Airport Free Zone, Dubai Textile City, Dubai Logistics City,
Ras Al Khaimah Free Trade Zone, Sharjah Airport Free Zone, Fujairah Free Zone, Ahmed Bin Rashid Free Zone, Ajman Free Zone and Abu Dhabi Airport Free Zone among others.
Once we help you to procure a license and establish your presence, our business development services include tender support, legal advisory and project management for all ventures.
