Doing Business in Dubai
The Business in Dubai conference programme; designed to be challenging, informative and innovative:
- Locating business premises in Dubai.
- Business Laws and requirements in the Middle East.
- Training, recruitment and retention of local staff.
- Motivation and maximising potential.
- Legal advice and director's responsibilities.
- Bookkeeping, taxation laws and accountancy.
- Intellectual property, patents and protection.
- Websites, e-commerce and the internet.
- Marketing PR, branding, advertising and sales.
- Planning a business and writing the plan.
- Raising finance and controlling cash-flow.
- Time and stress management.
- Franchising or buying a business.
- The latest technology and IT.
- Expanding your business.
- Round table and Q A sessions.
Relatively Low Cost Work Environment
- Access to low cost regional talent
- State of the art telecommunications
- Competitive energy costs
- Competitive real estate costs
- Competitive import duties (4 % with many exemptions)
- Less expensive than Singapore, Hong Kong, Cairo and Bahrain
The best Connected Location in the Region
- Ultra modern airport handling over seven million visitors in 2007. Ninety airlines provide direct links to over 130 countries.
- Emirates Airlines consistently ranks among top 5 airlines in world.
Consistently Strong Economic Outlook
- GDP/Capita over $ 30,000 among highest in the world
- 10 year GDP Growth 8 %
- Diversified economy - oil only contributes 10 % to GDP
- Stable currency - pegged to US$ at AED 3.67: US$
- Only 1.7 % of active population unemployed
Easy Access to Regional Markets
- Total Region population of 1.8 Billion ($1.5 trillion of combined GDP)
- Access to huge talent pool of 13.8 million skilled degreed candidates.
- World-class land, sea air cargo infrastructure.
Strong Foreign Trade
- Third most important re-export center in the world (after Hong Kong and Singapore)
- Member of WTO
- Trade makes 16.4 % of GDP compared to 14.5 % for Singapore
- 9.2 % growth in non-oil trade between 1989 and 1999
Thriving Tourist Destination
- 11.6 % of Dubai GDP invested in tourism
- Hotel rank amongst top in world
- Over six million tourists visited Dubai in 2007
- World class restaurants, beaches and tourist attractions
- Internationally renowned sports facilities including golf, tennis, water sports, horse riding, dune driving and skiing!
Cosmopolitan Work Environment
- Over 185 nationalities
- More than 80 % of UAE population expatriate
- Strong work ethic
- World class international schools
- Excellent facilities for leisure, sports, shopping and healthcare
- Progressive, tolerant and multicultural society
Island of Calm
- Stable economy
- Continuous political stability since its inception in 1971
- Ranked 23 in 2002 Index of Economic Freedoms
The Most Pro Business Attitude
- Dubai believes that "if its good for business, its good for Dubai".
- Sophisticated fast track business initiatives.
- 139 of the G500 MNCs in Dubai, 9 out of top 10 present in Dubai.
- Robust economic clusters including technology and internet hub, media hub, finance hub, and health care hub.
- World class free trade zones.
The Best Regulatory Environment
- No Corporate Tax.
- No Income Tax.
- 100% Ownership in Free Zones.
- No foreign exchange controls, trade barriers or quotas.
- No restrictions on capital repatriation.
- Strong investor incentives and protections.
- Easy access to key decision makers.
