Invest in UAE

a foreigner can start a business in Dubai, and many do. The local population is over 80% expatriate, with many of those owning their own businesses. Dubai actively welcomes investors and business owners from overseas. The United Arab Emirates (UAE) is the best place in the world to start a new business, according to the latest annual Global Entrepreneurship Monitor (GEM) survey. If you're setting up a company in the free trade zone of UAE, then you don't need a local sponsor. The free zone companies have 100% ownership of the company. The drawback of choosing free zone is that you can't trade or do business outside the designated free zones.

A Residence Visa is issued to people who are already in the country after entering the UAE on an entry or Tourist Visa. It allows you to live and work in Abu Dhabi legally and can last up to three years depending on the sponsor. Long term residence visas are available for five or 10 years subject to certain conditions. There are several types of residence visas, which includes: business, golden, property owner, retirement, remote work and student residence visas. Expatriates must obtain a Residence Visa to legally reside in Abu Dhabi. For your visit to the UAE, you must schedule at least 5 working days. To retain your residency, you must visit the UAE at least once every 180 days. Residency is issued for three years right off. To retain your resident status, your company's registration must be renewed on an annual basis.

The UAE does not levy income tax on individuals. However, it levies 5 per cent value added Tax on the purchase of goods and services, levied at each stage of the supply chain and ultimately borne by the end consumer.It applies to most goods and services with a few exemptions. Zero-rated supplies, or 0% VAT rate applies to goods and services which are exported outside the VAT-implementing Gulf Cooperation Council (GCC) member states. All annual taxable profits above AED 375,000 shall be subject to 9% rate