More & more European businesses are moving to the UAE
Dubai is a great place to start a business & has recently been getting a lot of attention from European businesses.
Why Dubai is the perfect place for European businesses?
The EU region is known for its high taxes; corporate tax ranging from 20-40%. Meanwhile, Dubai means zero corporate taxes for companies or personal income. This is one of the most important reasons many European businesses are attracted to the region to establish their business.
- Visa for yourself, family, and employees
Once you set up a company in Dubai, you can easily sponsor a visa for yourself, your family, and your employees. This will depend on the type of company you have and where it is based, but a reliable business agent should be able to guide you through the process and help you choose the right company according to your business needs.
Exillium is an expert in company formation in UAE, with origins in Europe and offices across Europe & Middle East, we have more than 10 years of experience in acting as a business liaison for European companies. Get in touch to know more.
According to the recent laws, now even foreigners can own 100% shares of their business with no need for a local partner. You can also enjoy a visa for up to 3 years, which allows you to do business in the region without any stress.
Among other things, Dubai offers world-class infrastructure like the internet, physical and virtual office space, access to start-of-the-art tech, a great ecosystem for crypto-based companies.
- Amazing standard of living
In addition to being a great place to do business, Dubai also offers a Europe-like ‘standard of living’ to the residents. A luxurious lifestyle, easy access to the rest of the world, pristine beaches, amusement parks for kids, luxury shopping malls, and international schools are among the things that make living in the UAE one of the best experiences in the world.
Reach out to our team to find out more about starting a business in Dubai as a European.