United Arab Emirates

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The United Arab Emirates business climate is favorable to foreign investment. An open economy with a high per capita income and a sizable annual trade surplus, United Arab Emirates is rapidly diversifying its economy away from oil and gas. Steps towards diversification have led to a massive construction boom, an expanding manufacturing base and a thriving services sector. Playing a large role in the expansion and diversification of the UAE economy is the “Jebel Ali Free Zone”. JAFZ offers special privileges to international companies who relocate, including exemption from corporate tax for fifteen years, no personal income tax, no import or export duties, no restriction on currency, easy labour recruitment, plus access to the “Dubai World Central” – an ultra-modern residential, commercial and logistics complex.

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