The United Arab Emirates comprises seven individual Emirates. Dubai is the second largest Emirate and the largest city in the United Arab Emirates.
Historically, Dubai’s economy was dependent on the oil industry but today it is a thriving international business community. The UAE and Dubai in particular offers a host of benefits designed to attract foreign investment into the country.
Both business and individuals are able to operate in either a low or zero rate tax regimes. Generally, there is freedom of establishment and a long tradition of respecting confidentiality and privacy. In recent years it has become an established financial services, banking and trading centre.
Due to its strategic location, the UAE is increasingly recognised as an important regional hub, the cross roads between the Middle East, North and East Africa and the Indian subcontinent.