Dubai is well known as the trading business hub, one of the fastest-growing cities, and is home to thousands of multinational companies. There are many benefits of setting up a company in Dubai providing an exemption from all types of income, business, and personal taxes.
Before starting a trade business in Dubai, it is very important to get a trade license because it offers several perks and relaxation in tax-related policies to investors. Entrepreneurs can open a free zone company, offshore company, or an international business in Dubai. The license option available for the investors is professional, industrial, and commercial licenses.
The investors prefer to set up a company in the Dubai free zones because it offers tax exemptions, 100% ownership, and many other advantages to the investors or entrepreneurs.
A Dubai trade license allows a company to import, export or re-export, or trade different products/services. the Dubai trade activities include:
- Electronics
- furniture
- foodstuff
- logistics services
- Automotive
- Agricultural equipment
- Aircraft engine and parts
- Automobile trading
- Beauty and personal care
- dairy products trading
- fuel trading
- medical, surgical equipment, and instruments trading
- pumps and engines trading
- oilfields, chemical trading, and many more.
Dubai Trade Center:
The famous world trade center is known as the businesses hubs in the UAE. The tallest building that is purposely built for events and exhibitions. The trade center supplies businesses with access to international trade services and facilities and seeks to elucidate and encourage trade by bringing together the offices of government and industry that serve and carry on trade.
Why start a Trade Business in Dubai:
There are several free zones to boast about the trading business. People come from all over the world to shop in the city simply because they get cheaper goods there. A Dubai trade provides easy access to set up a company with advanced, progressive policies by the Govt of the UAE to encourage foreign financiers to invest in the oil-rich country. The Govt of Dubai has a long-term plan that focuses heavily on growing Dubai’s trade business, facilitating the tax-free rule ideal for new and emerging businesses.
So if you are looking to invest and get a good amount of profit, then you will have no problems setting up your business in Dubai. But there’s a need to know the best markets to invest in.
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Dubai Trade License Activities List | Trading License in Dubai (businesslinkuae.com)
Dubai Trade License Activities List | Trading License in Dubai (businesslinkuae.com)