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Executive Summary Dubai Business
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Opportunities for Trade
Dubai ranks as one of the world's leading trading centres. It offers:
The gateway to a market of more than one billion people, covering the Gulf
states, Middle East, CIS, East Africa and Asian sub-continent;
Well established trading links throughout the AGCC, Iran and other
neighbouring markets;
A buoyant and prosperous domestic market;
Strong commercial tradition and wide choice of potential trading partners;
A rapidly developing manufacturing sector producing a wide range of high
quality, competitive export products from aluminium ingots to electronics;
Port and airport facilities unrivalled in the region in terms of size,
flexibility and efficiency;
Strong shipping and transportation sector - leading regional and
international freight forwarders, shipping companies, insurers etc.
Opportunities for Regional Offices
Dubai is an ideal location for a regional headquarters office with its
pro-business government policies and one of the most liberal regulatory
environments in the region. The city offers:
- No taxation on profits or incomes;
- No foreign exchange controls and a stable, freely convertible currency;
- A sophisticated services sector - major international hotels, banks, lawyers,
accountancy firms, advertising agencies, consultants etc;
- Quality office accommodation and well qualified, competitively priced staff
readily available;
- The major regional conference and exhibition venue in the Middle East;
- Air links via 65 airlines to over 100 cities worldwide;
- Time zone bridge between the Far East and Europe, with efficient local and
global telecommunications;
- International lifestyle; tolerant, virtually crime-free environment.
Opportunities for Transport and Distribution
Dubai's superb location and infrastructure make it ideally suited for the role
of a key centre in the global transport and distribution system:
- Strategically located mid-way between the Far East and Europe;
- A highly developed and efficiently managed transportation infrastructure,
equipped with the latest cargo handling facilities;
- Dubai Ports Authority, combining Port Rashid (35 berths) and Jebel Ali Port
(67 berths), ranks among the world's top ten in terms of berths and top fifteen
in terms of container throughput;
- Dubai's ports are served by a large and growing number of international lines
with worldwide links, combined with feeder services to Iran and other regional
markets;
- An acknowledged leader in the growing intermodal freight trade, Dubai's
state-of-the-art air cargo village helps ensure the world's fastest sea-air
transfers in as little as four hours;
- Unlimited low cost warehousing and storage facilities, including purpose
built cold stores;
- Excellent regional road transport links via a modern highway network.
Opportunities for Industrial Investment
Dubai ranks as the leading industrial location in the Gulf. In particular, the
Jebel Ali Free Zone offers unbeatable incentives to investors. These include:
- 100% foreign ownership (N.B. outside the Free Zone, 51% local participation
is required unless the business is 100% AGCC owned);
- Exemption from all import duties;
- 100% repatriation of capital and profits;
- Freedom from corporate taxation, as applied throughout Dubai, with the added
bonus of a renewable 15 year guarantee in the Free Zone;
- Abundant inexpensive energy;
- Simple and efficient recruitment procedures ensuring the availability of a
skilled and experienced workforce at competitive cost;
- A high level of administrative support from the Free Zone Authority;
- Rapidly growing domestic demand offers good opportunities for joint venture
manufacturing and processing operations outside the Jebel Ali Free Zone.
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