Despite economic recession worldwide, UAE has imposed firewall on investments and posted good ROI for the investors. This has fostered the private sector to present more opportunities and create more jobs. It aims to be #1 choice for investors around the world especially from France, improved market conditions and feedback from external markets has given an upward change in trends.
According to the reliable sources, this place has always portrayed to become one of the major economies in the Middle East. It offers great opportunities of investment to local as well as international investors and invite trade being great number of free zones situated throughout Emirates that offers sizable incentives to investors.
One of the sources quoted as saying that UAE has more than 38 Free zones and gives following advantages for business setup in Dubai and UAE:
- 100% foreign ownership of the enterprise
- 100% import and export tax exemptions
- 100% repatriation of capital and profits
- Business is exempted for Corporate Tax for up to 50 years
- 0% Income Tax on Personal income
- Assistance with labor recruitment and additional support services, such as sponsorship and housing.
For seeing above benefits and support therefore French businesses have flocked to UAE market to earn valuable forex for their great country and provide French style of management to people of UAE.
In this process, TTE Gulf Management Consultancy has always remained good choice for businesses as they have great knowledge of UAE & Gulf Markets and provide valuable market research and consultancy to the investors.
