Advantages Of Setting Up A Branch Office In Dubai
For any business that is planning to establish a global presence, Dubai is a perfect choice.
The strategic location, world-class infrastructure, investor-friendly environment, attractive tax structure are all few factors that contributes to the popularity of this business destination. If you are planning to set up a branch office of your business in Dubai, there are many advantages which are discussed below:
A Business-Friendly Tax Structure
Dubai has one of the most flexible economies across the globe. It offers a tax-free policy for most of the businesses. Taxes such as corporate tax and personal income tax do not exist in Dubai. Also, Value Added Tax is just 5% in the country. Besides these, there are no limitations on the repatriation of capitals and profits and there are no duties on the import and export of goods.
100% Ownership
As a branch office is an extension of a parent company, you can enjoy 100 % ownership without having a local sponsor. However, a local service agent is required for the completion of government formalities with no ownership rights over the branch office.
Economical Option
The cost for setting up a branch office is comparatively low when compared to setting up a new company in a free zone or mainland. The initial investment amount is low, all you need is to pay some standard fee for applications and deposits. Also, there is no requirement of a special financial structure, audit reports or bank accounts.
Strategic Location
Dubai has a strategic location where East meets the West. Easy accessibility to continents such as Europe, Asia, and Europe via, air, land and sea is a noteworthy feature of this destination.
First-Class Infrastructure
Dubai is a city with one of the best infrastructures in the world. It offers ready to occupy offices matching every budget. The world-class transport system and communication facilities also make this an ideal destination for setting up your branch office.
If you are planning to set up a branch office in Dubai, feel free to contact us, we will make sure the entire process is smooth and time-saving for you.