UAE has become the leading global business hub for investors

Abu Dhabi: The UAE has emerged as a top global destination for investors and business focusing on innovation, artificial intelligence, and entrepreneurship. This growth is supported by the country’s efforts to attract foreign investments, leading to improved rankings on international indicators related to business and investment attractiveness.

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The UAE offers various incentives to investors, aiming to diversify its sources of income and strengthen its national economy. These incentives include streamlined processes for starting businesses, with the ability to set up a company in just 15 minutes through platforms like Basher, which provide digital government services. Foreign investors can now own 100% of their companies across more than 40 free zones, spanning a wide range of economic activities exceeding 2000 types.

Here are the key benefits that the UAE offers to investors and businesses:

1. Ease of Business Setup: Companies can be established quickly, often within 15 minutes, through digital platforms like Basher.
2. 100% Ownership: Foreign investors can own 100% of their companies in more than 40 free zones across various economic activities.
3. Wide Range of Economic Activities: There are over 2000 types of economic activities available for investment, spanning sectors like trade, industry, agriculture, services, education, and health.
4. Legal Forms of Companies: Foreign investors can choose from various legal forms of commercial companies, such as public joint stock companies, private joint stock companies, and limited liability companies.
5. No Requirement for National Agent: Foreign companies do not need a UAE national agent to establish a presence or operate in the UAE, simplifying business operations.
6. No Minimum Capital Requirement: There is no minimum capital requirement for setting up limited liability companies, providing flexibility for investors.
7. Income Tax Free: The UAE imposes no income tax on individuals and allows for full repatriation of profits, enhancing the attractiveness for investors.
8. Long-Term Residency Visas: Investors and skilled individuals can qualify for long-term residency visas, facilitating stability and long-term planning.
9. Competitive Tariffs: The UAE maintains low tariffs, ranging from zero to 5%, which supports its status as a global trade hub.
10. Incentives for Industrial Sector: The UAE offers incentives such as customs exemptions on investments and production inputs, financing solutions, and strategic tariffs to support industrial and technological companies.
11. Skilled Labor Availability: Flexible labor policies make it easier to attract skilled labor and build expertise in vital economic sectors.
12. Golden Residency: Eligibility for long-term residency visas enhances stability and security for investors and their families.
13. Support for Innovation and Entrepreneurship: The UAE actively supports innovation and entrepreneurship, fostering a dynamic business environment.

These benefits collectively make the UAE an attractive destination for businesses and investors seeking growth opportunities in a diverse and supportive economic environment.