Dubai’s formula for development was becoming evident to everyone – visionary leadership, high-quality infrastructure, an expatriate-friendly environment, zero tax on personal and corporate income and low import duties. The result was that Dubai quickly became a business and tourism hub for a region that stretches from Egypt to the Indian sub-continent and from South Africa to what are now called the CIS countries.

Dubai is a dynamic, business-friendly city with a great track record of executing major projects. Since the last few decades Dubai has become a productive ground for flourishing business settlements. Leading projects are undertaken every year and are completed within the set limit. Dubai is now a city that boasts unmatchable hotels, remarkable architecture and world-class entertainment and sporting events. Dubai blends a luxury environment, tradition, culture, market and an attractive climate together. It is a large hub of multipurpose business centres and a prominent player in the global market. While businesses have vast and expanding growth opportunities in the UAE, Dubai has remained the leading commercial hub in the Middle East, largely on account of the following special features:

• Dubai is better known as the commercial capital city of UAE

• Dubai population is 2 million

• Enjoys one of the highest per capita incomes in the world

• No foreign exchange control, quotas or trade barriers

• Competitive import duty (5%) with exemptions

• A global business focal point

• State policies permit full repatriation of profit and capital

• No income tax, no corporate tax and no withholding tax

• Vibrant and highly efficient economy

• Most modern infrastructure

• Presence of major multinational corporations

• Mixed population from all over the world

• Stable currency

• Proximity to the Indian Sub-continent and Europe

• It has one of the biggest airports in the world

• Home to the largest man-made port In the world

• The Dubai Metro is the only driverless, fully automated metro rail network in the region

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