 |
| CALL +0097157381100 OR +2347030722911 |
Dubai for Business
Dubai has emerged as a leading
regional commercial hub with state-of-the art infrastructure and a world-class
business environment. It has now become the logical place to do business in the
Middle East, providing investors with a unique and comprehensive value added
platform. With its strategic location, tax-free living and consistently strong
economic outlook, Dubai is the ideal base for multinationals and other
companies targeting markets in Central Asia, the Middle East, Africa, the Asian
Subcontinent and the Eastern Mediterranean
Market Access
As the leading regional trading hub,
Dubai offers access to a market of outstanding potential for overseas companies
in a wide range of sectors. Among its key characteristics are:
· A large market: more than $17 billion in domestic imports
annually; gateway to a $150 billion p.a. 2 billion population regional import
market
· A growing market: Dubai's imports have more than doubled
since 1989; regional economic growth and liberalisation is set to boost demand
· A prosperous market: strategic location at the heart of one
of the world's richest regions
· A diversified market: wide import requirements;
opportunities for suppliers of most products
· An accessible market: served by more than 170 shipping lines
and 120 airlines
· An open market: no exchange controls, quotas or trade
barriers
Dubai’s Business Climate
Dubai’s authorities have
deliberately sought to create an environment, which is well ordered without
being unduly restrictive. As a result, Dubai offers businessmen operating
conditions that are among the most liberal and attractive in the region. There
are many options open to international companies seeking to establish a
business relationship with Dubai.
Pro-Business Environment
Dubai offers incoming business all
the advantages of a highly developed economy. Its infrastructure and services
match the highest international standards, facilitating efficiency, quality and
service. Among the benefits are:
· Free enterprise system
· Highly developed transport infrastructure
· State-of-the-art telecommunications
· Sophisticated financial and services sector
· Top international exhibition and conference venue
· High quality office and residential accommodation
· Reliable power, utilities etc.
· First class hotels, hospitals, schools and shops
· Cosmopolitan lifestyle.
Special Investment Incentives
Dubai's highly successful Jebel Ali
Free Zone and the Airport Free Zone provide all the advantages available
elsewhere in the emirate, with the following additional benefits:
· 100% foreign ownership and control
· Renewable 15-year guarantee of no taxation
· No customs duties
· Flexible investment options
· Efficient transport and distribution facilities
· Full administrative and recruitment support.
The Costs
Overseas companies setting up in Dubai
can secure cost advantages not generally available internationally. Among the
reasons are:
· No corporate taxes
· No income taxes
· No foreign exchange controls
· No trade barriers
· Competitive import duties (4% with many exemptions)
· Competitive labour costs
· Competitive energy costs
· Competitive real estate costs
Opportunities
Dubai presents international
business with a wide range of opportunities for different activities and
operations, including:
Trade
Transport and distribution
Manufacturing and processing
Regional offices
Attractive lifestyle
Apart from economic advantages, the
city offers a superior quality lifestyle that is truly international with
luxury residential and office accommodation and excellent educational, health
and shopping facilities. Sporting and leisure facilities are abundant and Dubai
's top class international hotels offer a wide range of dining and
entertainment choices.
Dubai for Tourism
Dubai is a unique destination that
is both a dynamic business centre and a tourist paradise, offering more
attractions, shopping, fine dining and quality hotels. From the timeless
tranquillity of the desert to the lively bustle of the souk, Dubai offers a kaleidoscope
of attractions for visitors. The emirate embraces a wide variety of scenery in
a very small area. In a single day, the tourist can experience everything from
rugged mountains and awe-inspiring sand dunes to sandy beaches and lush green
parks, from dusty villages to luxurious residential districts and from ancient
houses with wind towers to ultra-modern shopping malls.
Perfect
Location
Dubai enjoys, without a doubt, one
of the best locations on the planet. Situated halfway between Europe and Asia,
few destinations take more than 8 hours direct flying time to or from Dubai.
Just overnight from London, four hours from Nairobi, three hours from Mumbai, 8
hours from Hong Kong and a direct flight from the United States or Australia,
Dubai is definitely a destination of choice for vacationing, living and
business.
An
Array Of Hotels
Dubai offers a range of hotels to
suit every taste, whim and budget! From the glitzy, opulent and of the most
expensive and only seven star hotel in the world all the way through to the
very affordable. Then there are the resorts in the desert where tourists can
experience unmatched peace and tranquillity. Whatever the choice, it will
definitely be an unforgettable stay as a tourist or business traveller.
Shopper’s
paradise
Dubai is ranked the second world’s
most popular destination for shopping after the United States and ahead of
popular shopping destinations like Singapore, France, UK, and Hong Kong among
others. With a long history as a trading hub, today Dubai is synonymous with
shopping. From souk to shopping mall, Dubai has it all - duty free, gold,
electronics, textiles, cars - and is a true shopper’s paradise. Perfect for the
shop-o-holics and for retail therapy!
Events
& Festivals
Dubai has established itself as a major
destination for an eclectic array of local and international events and earned
its reputation as the sporting capital of the Middle East. Throughout the year,
Dubai hosts a range of popular annual sporting activities, dazzling
entertainment attractions, as well as conferences and exhibitions.
Nightlife
Dubai has a lively nightlife. Hotel bars range from sophisticated cocktail lounges to typically informal British and Irish pubs and Western-style lounges. Most of them serve food and many feature pianists, guitarists, duos and bands nightly. After-dinner revellers can enjoy the latest sounds in a number of hotel nightclubs, each with its own ambience
Dubai has a lively nightlife. Hotel bars range from sophisticated cocktail lounges to typically informal British and Irish pubs and Western-style lounges. Most of them serve food and many feature pianists, guitarists, duos and bands nightly. After-dinner revellers can enjoy the latest sounds in a number of hotel nightclubs, each with its own ambience
Heritage
& Museums
Although the early history of Dubai
is not very well documented, archaeological discoveries suggest that, as long
as 4000 years ago small fishing communities lived along the coast of the
Arabian Gulf on the site of modern Dubai. In recent years, archaeologists have
unearthed hundreds of artifacts that point to civilized settlements dating back
to the third millennium B.C. Dubai’s main archaeological sites are in Al Sufoh
and Jumeirah. These historic findings have been carefully preserved and the
artifacts are now permanently housed in the archaeological section of Dubai
Museum. Dotted around Dubai are a number of historic buildings and sites that
offer a glimpse of a bygone era such as the Al Fahidi Fort, Sheikh Saeed’s
House, and the Bastakiya.
Entry Formalities
Most travelers need to obtain a visa
prior to entering the emirate. However, the good news is that the UAE
authorities have taken many steps to make this process as straightforward as
possible. Citizens of 39 countries - GCC nationals plus nationals of listed countries
- do not require visas prior to arrival at a UAE airport. In addition, there
are efficient systems in place to facilitate visitors not falling into one of
the above categories. The kind of visa that you require for entry into the UAE
depends on several different factors such as your nationality, the purpose of
your planned visit and its planned duration. Please read the following
carefully. Regulations do change from time to time and, whilst we do endeavour
to keep up to date, you are advised to check with your airline and regional UAE
embassy or consulate on the latest information regarding types of visas, fees
and the rules and regulations.
Visa
Exemptions
If you are a national citizen of a
GCC country you do not require a visa to visit the UAE. You will simply need to
produce your GCC country passport upon arrival at the point of entry into the
UAE
Visa on Arrival
The following categories of visitors
may receive their visit visa at the airport, upon arrival:
AGCC
Residents who are not GCC nationals but who have a high professional status
Such as company managers, business
people, auditors, accountants, doctors, engineers, pharmacists, or employees
working in the public sector, their families, drivers and personal staff
sponsored by them, are eligible for a non-renewable 30-day visa upon arrival at
the approved ports of entry.
National
citizens of the following countries:
UK (with the right of abode in UK),
France, Italy, Germany, the Netherlands, Belgium, Luxembourg, Switzerland,
Austria, Sweden, Norway, Denmark, Portugal, Ireland, Greece, Finland, Spain,
Monaco, Vatican, Iceland, Andorra, San Marino, Liechtenstein, United States,
Australia, New Zealand, Japan, Brunei, Singapore, Malaysia, South Korea and
holders of Hong Kong SAR passports will be granted a free of charge visa for a
single visit upon arrival in the UAE. It should be noted that this list may
vary slightly from time to time and it is therefore best to check with your
local UAE embassy or the airline that you are using to fly to the UAE.
Valid Sponsors
If you do NOT fall into one of the
above categories, you will require a visa and a sponsor for your visit. The
sponsor normally applies for the visa on your behalf. Valid sponsors are:
· Hotels & Tourist Companies can apply, on your behalf, for
a Tourist Visa (valid for 30 days); or a Service Visa (valid for 14 days); or a
Visit Visa (valid for 30 days and can be extended for other 30 days)
· Airlines & Airlines Handlers apply on behalf of their
crewmembers for a 96-hour Transit Visa.
· Other Organizations based in the UAE may only apply for
Visit Visas and Service Visas.
· Individuals (Relatives or Friends) already resident in the
UAE may, subject to guidelines, also apply on your behalf for a Visit Visa.
· If you are coming to work in the UAE you will require a visa
that can only be obtained on your behalf by your employer or sponsor.
SOURCE:
DNRD
For further information please
contact The Department of Naturalization and Residency Contact Us. We
respond to Email Faster.
Recommended Readings: