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BUSINESS SETUP IN DUBAI
Dubai is a global city and the Middle East's business capital. It is the UAE's most populous city, and it is located in the country's north-eastern region. The real estate, trade, tourism, and financial services industries are the most significant contributors to Dubai's GDP, making it one of the world's fastest-growing economies. Even though the Emirate's infrastructure was built on oil exports over three decades ago, oil and natural gas now account for less than 5% of the Emirate's GDP.
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Due to premier business locations and an environment that is not overly restrictive, Dubai has established itself as a leading trading hub in the UAE. In establishing a business in Dubai, it offers the most liberal operating conditions, tax exemptions, asset protection, complete privacy, and limited liability.
The tax haven also holds a lot of promise for international businesses, as it has:
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Excellent growth trajectory (imports have doubled since 1990) and unique policies of liberalization
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A thriving market in one of the world's wealthiest regions, with a diverse range of products and opportunities for traders.
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There are no trade barriers, quotas, or exchange controls in place (open market)
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Accessibility by air or water is excellent (around 90 airlines and 170 shipping lines)