Here are just a few of the reasons why African companies should consider setting up in the UAE:
✨Strategic location: The UAE is located at the crossroads of Europe, Asia, and Africa, making it an ideal base for businesses looking to reach a global market.
✨World-class infrastructure: The UAE has world-class infrastructure, including modern airports, seaports, and roads. This makes it easy to import and export goods, and to move people and materials around the country.
✨ Favorable tax environment: The UAE has a low corporate tax rate of 0%for free zone and offshore companies as well as a low corporate tax rate of 9%for mainland companies and free zones companies doing business on mainland UAE provided they meet the 375,000 dirhams threshold, and there are no personal income taxes. This can save businesses a significant amount of money.
✨Free zones: The UAE has a number of free zones, which offer even more attractive tax and regulatory benefits.
✨Business-friendly environment: The UAE is a business-friendly environment with a low level of bureaucracy. This makes it easy to set up and operate a business in the UAE.
✨Access to a skilled workforce: The UAE has a large and skilled workforce, with many workers fluent in English. This makes it easy for African companies to find the talent they need to succeed.
If you are a company looking to expand your operations, the UAE is a great place to start. The country offers a number of advantages that can help you grow your business and reach new markets.
✨ Political stability: The UAE is a stable and politically stable country, which makes it a safe place to invest and do business.
✨ Open economy: The UAE has a liberalized economy, which means that businesses are free to operate and compete without government interference.
✨ Pro-business government: The UAE government is supportive of businesses and has implemented a number of policies to make it easy to do business in the country.
✨ Comprehensive legal framework: The UAE has a comprehensive legal framework that protects the rights of businesses and investors.
✨ Strong infrastructure: The UAE has a strong infrastructure, including modern roads, airports, and seaports. This makes it easy to import and export goods, and to move people and materials around the country.
If you are interested in learning more about setting up a business in the UAE, please contact Ubuntu Legal. We would be happy to help you with the process.