The UAE benefits from significant economic stability and conducive business environment, owing to its strategic location, strong financial reserves, large sovereign wealth funds and sustained government spending.
Ranks among the leading countries in the world in 100 global development indicators.
The UAE has direct airline routes to more than 250 cities around the world and is a major player in the international trade networks with shipping lines to more than 400 cities.
Has one of the most advanced land, sea and air transport system in the world.
There are more than 40 free zones in the UAE that have competitive capabilities and advantages that attract long-term investments.
The UAE allows 100 per cent foreign ownership.
UAE does not impose income tax on individuals, investors or corporates, with the exception of oil companies and branches of foreign banks.
Custom tariffs in the UAE range from 0 to 5 per cent.
The region has adopted the 10-year Golden Visa, a long-term residency system for investors, business owners and professionals in key sectors.
The UAE is home to a diverse, multicultural and multireligious population from more than 190 nationalities.
Read Full article about how UAE to become Hub of Global Entrepreneurs by Gulf News (https://bit.ly/3BRekkN)
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Source Published on: Gulf News, Dubai.