Company formation

At a time when most of the developed world is facing with saturated market and limited growth, Middle East and North Africa (MENA) region is showing noticeable potential for growth.

The companies who wish to do business in this region are exploring these potential; however, they often wonder how to mitigate the downside risks, including regional turmoil, political instability, infrastructure deficits, difficulty in attracting top talent and other challenges associated with this region.

The United Arab Emirates with its political stability, internal security, visionary leadership, investment-friendly policies, advanced infrastructure, cosmopolitan lifestyle, and a dynamic open market approach fits the bill perfectly for an investor that is considering expanding into the MENA region.

All of these advantages are further complemented with tax at zero per cent and full repatriation of capital. On the ranking of the best destinations for direct foreign investment, the UAE regularly ranks within the top destinations.

However the UAE regulatory regime is bit difficult to understand to the foreign investors. Therefore having local help on-board is  crucial.

The investors who wish to set-up business in the UAE needs to often make a determination on the proper structure (e.g., limited liability or branch) and place if incorporation (e.g., which Emirate, whether onshore or in free zone).