Dubai

Dubai is one of the Emirates that make up the Union of the Arab Emirates. It has 2,260,000 inhabitants and is the second largest territory of the country. Urbanized especially around the capital bearing the same name of the Emirate, Dubai is the region most internationally known of the UAE. This is due to the immense fame of his capital, which bears witness to the country’s economic ambitions.

To predict and above all to resist the depletion of its natural resources of oil and gas, Dubai is undertaking a restructuring of its economy. The United hoping thereby to move towards activities with high added value in trade, new technologies and luxury tourism. While the export of oil is more than 5% of GDP in the region, Dubai aims to become the leading world center for luxury tourism.

To do this, the Emirate can rely on the improvement of its infrastructure (airports, the Marina, hotels, subway, shopping centers, amusement parks …) and his reputation already established itself in the industry with, for example, Burj-Al -Arab, the most luxurious in the world, the giant space Palm Islands, created from scratch by the sea in the shape of palm tree or the Burj Khalifa, the tallest building in the world (828 meters).

Like any country, Dubai enjoys a tax among the lowest in the world, with its free zones of Dubai International Financial Centre, Dubai Media City and Jebel Alli. These areas have among other things the advantage of doing business in English. In Dubai, the companies do not pay any fee (except oil and gas companies and branches of foreign banks): no corporate tax, no capital gains tax or income tax, VAT does not exist, there are no social security contributions on wages , …

Constitution expenses: 3’000 – 6’000 CHF

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