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With a stable and secure business environment and investor-friendly legislation, the UAE is an ideal destination for global investment. At the crossroads of major growth hubs in the Middle East, Asia and Africa, the UAE offers the opportunity to rapidly expand operations to serve regional and international markets.
Foreign investors can benefit from the UAE’s logistics expertise and role as a regional hub in the Middle East, as well as its strong network of economic agreements, including 101 double taxation agreements and 67 bilateral investment treaties. Investing in the UAE ensures sustainable future growth for multinational companies, SMEs and private investors alike. In the World Competitiveness Yearbook 2021, the UAE is ranked 9th globally, with high scores for government and business efficiency, economic performance and infrastructure. In addition, in the Global Competitiveness Report 2020, the UAE ranked second globally for ICT adoption, flexible working arrangements, digital skills and digital legal framework.
Features of the UAE economy include its strategic location, strong financial reserves, large sovereign wealth fund, solid international relations, ongoing government spending on infrastructure, digital transformation and innovation, progressive policies for economic diversification, multi-specialty free zones and increased foreign direct investment.
To further develop a sustainable, diverse and competitive knowledge-based economy, the UAE is committed to promoting investment in a number of priority areas. Additionally, the UAE offers its vibrant expat community the flexibility to do business anywhere in the country, including its many free zones, industrial zones and commercial buildings.
The UAE’s investment-friendly business regulations allow 100% foreign ownership in 122 economic activities in 13 sectors, and the country regularly hosts high-profile conferences, international exhibitions, and trade and investment events.
The UAE also offers various incentives for investors aimed at increasing the number of SMEs and start-ups in the country, while the government removes barriers to investment flows.
Investors of all nationalities can establish and fully own a company in the UAE. This change is based on the provisions of Federal Decree No. 26 of 2020 on Commercial Companies, according to which foreign companies wishing to open a branch and conduct business in the UAE do not require the presence of a UAE national agent.
More than 40 free zones allow foreign investors tax-free and 100% ownership. The UAE also offers investors the flexibility to choose the region that is most suitable for doing business. Free zones are spread across the UAE, enabling investors to engage in a wide variety of economic activities.
The UAE does not levy income tax on individuals and investors, with the exception of oil companies and foreign bank branches. As a country that has adopted a liberal economic model since its inception, it allows individuals and investors to freely repatriate all of their profits.
The UAE has adopted a new visa system, granting long-stay visas ranging from 5 to 10 years. Suitable for investors, entrepreneurs and talented individuals, these visas allow expats and their families to live, work or study in the UAE while enjoying the benefits of long-term residency.
In addition to an ideal investment climate, the UAE has a stable and secure environment that more than 200 countries call home. More than 1.5 million Pakistanis live in the UAE, which ranks first in the Arab world in the World Happiness Report 2020.
As the second safest country in the world (Global Financial Index 2021) and the second largest economy in the Gulf Cooperation Council and the Arab world, the UAE remains a top destination for living and investing.
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