Tax benefits of setting up a company in dubai

 


Tax benefits of setting up a company in dubai - Profound UAE


The small and friendly city of Dubai is one of the few places on the planet that gives business owners a tax-free environment for setting up their business. You have to register your company with a number of different government authorities. This allows business owners to set up their business and pay a tax of only 20 percent, instead of the usual 40 percent. This lowers the cost of running a business in Dubai and allows workers to earn more, but there are a few things to consider before deciding to set up your business in Dubai. 

In Dubai, the Company Registration in Dubai process is similar to that of other UAE emirates. There is a board of different business licenses which are issued to different types of businesses including trading, manufacturing, retail, service, and the like. In addition, there is a special type of license for providing certain types of legal services.  A business license is required for all commercial activities. The license is for both a company and the owner of a company. An individual company license is also available, which is valid for up to 4 years. 

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  1. Business Setup Consultants DubaiFebruary 21, 2022 at 9:02 PM

    You have shared an informative blog.
    Thanks for sharing it with us...
    Looking forward for reading more...
    Company Registration in Dubai

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