Business set up
UAE is offering a bright opportunity to become your own boss and this is the time of business friendly policies and progressing economy, when you can set-up your own business. The liberal trade regime is one of the prominent reasons of the burgeoning economy of the heart of the Midddle East. For the last almost four decades, it has been an open economy. The country is among the nations with high per capita income and high trade surplus.Many multinational companies have either shifted their base to UAE or opening offshore companies.
As a result, UAE has become a home to thousands of start ups and multi-million conglomerates. The Emirates state is wealthy and offer stable
financial situation, favourable for the business. As a result, UAE has become a home to thousands of start ups and multi-million conglomerates. The Emirates state is wealthy and offer stable financial situation, favourable for the business. The increasing interest of various business groups across the globe to set-up their business in UAE, has led to a huge inflow of foreign capital. Below are the points, strong indicators as why UAE is among the best countries to set-up business.
Legal framework: The UAE government has, to attract more and more businesses, revived their legal framework for expats. Except the criminal laws, there is a complete different set of rules and regulations for the foreign nationals. All the legal procedures are fast-tracked and the red tapism is minimal. Licensing and registration procedure is simple and there is almost no paper work.
Reliable & safe
Licensed by the Cyprus Securities and Exchange Commission under licence number 138/11 in accordance with the Markets in Financial Instruments Directive.
Insured Client Funds
We are a proud member of the Investor Compensation Fund which acts as a guarantor of last resort for our investors. IFC covers the maximum amount of 20.000 EUR for MiFID clients.
Investor’s money is kept in segregated accounts with top-tier banks that cannot be claimed by creditors or used by us. Account base currencies are available in EUR, GBP, USD, CHF and JPY.
Negative Balance Protection
Through the use of an automated transaction monitoring and risk management system, a Consulting WP client’s account will never be allowed to reach negative balance.
Extreme Transparency Policy
Our Extreme Transparency Policy ensures that the client receives a transparent price feed, transparent liquidity, transparent historical data, transparent market information at all times.
USD 825.000.000 NOP
The total value of all of the client’s open positions combined (net open position) may not surpass USD 825.000.000.
Better infrastructure and amenities: Due to business friendly policies, foreign investors face absolutely no problem in running their businesses. The favourable environment and the sustained Government efforts have all translated into a world class infrastructure and amenities. In last a few decades, many business parks, office complexes, warehouses and transportation facilities have come-up.
Availability of manpower: Business owners need not to worry about skilled and unskilled workforce as job aspirants from all over the world flock to the UAE in search of appropriate job and respectful livelihood. In view of huge opportunities, many workers from South-East countries have shifted to UAE. Wages are higher here and thus, it’s a win-win situation for both- the employer and the employee
Tax exemption: The Emirates offers various kinds of tax categories and business ownership patterns. The Free Zone pattern offers 100 per cent tax exemption. There is zero per cent income and corporate tax. This implies, you can pocket your business profits without paying any business/incoem tax to the Government. You just need to ensure registration of your company under Free Zone category.
Positive business environment: The business environment in UAE is among the most favourable in the GCC region. According to a World Bank’s 2015 report, UAE stood ahead of GCC countries in ‘doing business’ criteria. In fact, UAE is ahead to many of the European nations. And this speaks volumes about the favourable business environment in the country.