Over the last three years, the United Arab Emirates (UAE) has significantly derived its revenue from foreign investments and tourism. Its tax advantages and secure investment environment have made it an irresistible destination for the world’s largest companies, encouraging them to establish a presence in Dubai.
The tax regime is much more advantageous compared to EU countries, and Dubai has become the undisputed best location for accessing high-quality labor, which is indispensable for foreign investors. With the introduction of adjustments in its tax system, Dubai now imposes a minimal Corporate Tax starting in 2024. This has increased its acceptability in the global banking system. (For detailed information, see our article “Is There Tax in Dubai?”)
After establishing your company in Dubai, you can immediately receive a two-year visa, investor ID, and residency permit. With this ID, you can enter and exit Dubai without requiring a visa at any time.
Company formation, ID-visa processes, and bank account setups are completed within a maximum of seven business days in Dubai.
Anyone who obtains Emirates ID under investor status in Dubai can open personal and corporate bank accounts and manage global expenses seamlessly with credit cards and the highly advanced banking system.
Start with our company formation guide and proceed with the steps most suitable for you.
