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Dubai & UAE Trade and business guide

Guide to doing trade with Dubai and United Arab Emirates

UAE Economy and main business

The economy of the United Arab Emirates is based on its petroleum production. While its primary oil reserves are in Abu Dhabi, Dubai is considered to be the transportation and information technology centre of the Emirates. Dubai is also becoming one of the world’s premier tourist destinations. All of these factors make the UAE and Dubai prime locations for trade and new business enterprises.

UAE Policies and information

If you are planning on establishing trade relations with Dubai or any other region of the United Arab Emirates, you will have to be well informed on policies of that particular Trade in Dubai UAEemirate. Remember that trade and economy policies differ from emirate to emirate and what is allowed in one region may not be in another.

A good source of information on U.A.E policies, its monetary developments, regulatory initiatives and key statistics is the annual report that is published by the Central Bank. Bank accounts are restricted to residents of the U.A.E and non-residents cannot open bank accounts in the federation. The only way for an international organisation to set up its own business within the U.A.E, is to set up a new branch within the Emirates or incorporate a company. There are some taxes imposed in the U.A.E. Sale tax is not one of them.

To succeed in business in the UAE, it is also necessary for one to have strong local contacts. Although a large portion of people in the UAE speak English, it is advisable for you to learn the language or take a translator with you.


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Further Information: For Dubai and UAE business, learn about Freight rates to Dubai and Trade Exhibitions UAE.

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