Buying an real office in the heart of Dubai
The world’s latest discovery is the city of Dubai; it’s an emerging economical hub of the world and all the big multinational companies are shifting their business to Dubai. Dubai have many facilities for the business and all the investors can enjoy the tax free environment and the freehold status introduced by the prince of the city by making certain amendments in the laws of the country. Recently the city has been the centre of attraction for many local and international companies. Although the international economical recession has hit the city of Dubai also but the city has been successful in withstanding it’s adverse.
You’ll have many advantages for setting up your company’s Dubai office
; you can work in Dubai from your old office just by hiring a Dubai’s virtual office service, buying an real office in the heart of Dubai can cost you a fortune so, expanding business in Dubai through renting virtual office seems like the best option for small investors. Constructional, finance and media sector are the reason of the success of UAE. The fusion of west and east has made the Dubai an ideal place for both commercial and residential purposes. Dubai has all the facilities of the modern world required by the companies to evolve; its big cosmopolitan status makes it the finest market for all investors. Dubai has evolved from mere fishing village into a world’s safest tax free zone for the capitalists. And this status has not come with any ease;
the fuel source behind its economy is the discovery of natural resources such as oil and gas in the WW1. The peaceful luxurious environment is the reason why all the UK US based companies are launching their product in the market of Middle East. And the benefits don’t end here.
Like all the other commercial cities of the Dubai too has the luxury of free zones, free zone allows the owner to have the 100% command on his company and can retain the hundred percent profits of the business, and he doesn’t required to have an LLC. Some of the free zones of Dubai are follows:
• Festival tower
• Media city etc
• Dubai’s international airport
• Port Jebel Ali
• Education city
Establishing a business in any of these free zones of the city allows you to sponsor and issue residential permit to your relatives or co partners. Officially in Dubai there are now more than thousand companies working in such free zones of the country, enjoying 100% profit and ownership of the business.
One such group which has established itself in the UAE is Al Futtaim group, they have evolved their business into many areas, and they were founded back in 1920’s. The founder of the Futtaim group is the Abdullah Futtaim, and his co-partners are his cousin Majid Futtaim. There are more than 25000 people working in the 10 different Futtaim industries namely;
• Insurance service
• Real estate
• Automotives and
• Retail etc
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