Dubai and the entire UAE have undertaken a focused effort to develop into an economic hub in the Mid-East and the world. To date such efforts have turned Duabi into a major player in global trade with infrastructure and services that match, if not exceed, the highest international standards. Dubai’s business friendly environment has generated an increased number of product imports, exports and re-export trade and has been successful in attracting a large number of companies and foreign direct investment.

Through the establishment of Free Zones, Dubai offers an extremely attractive, pro-business regulatory and governmental environment with internationally unique cost advantages and incentives. Free Zones treat companies operating within as being offshore, or outside the UAE for legal purposes thus have distinct operating benefits including:
• 100% foreign ownership
• Exemption from all import duties
• 100% repatriation of capital and profits
• No taxation on profits or incomes:
• No foreign exchange controls and a stable, freely convertible currency:
• No corporate taxation
• Renewable 15-year guarantee in the free zone
• There are no foreign exchange controls, quotas or trade barriers. • Import duties are extremely low (4%), and many products are exempt.
• Competitive energy costs.
• Competitive real estate costs.

Additionally Dubai offers a sophisticated services sector with major international hotels, banks, attorneys, accounting firms, advertising agencies, consultants and competitive labor costs.