Dream country

Dubai, a beautiful place on the earth, is the land of love, care and opportunity. It’s so great to read the report published in your esteemed newspaper’s website that Dubai has emerged as an attractive destination for businessmen all over the world (“Dubai is the most favourable destination for entrepreneurs,” June 13, Gulf Today website).

According to the report, the magazine Forbes added that one of the most important advantages for entrepreneurs who expand their businesses in Dubai is the potential tax advantages and attractive labour regulations, as the emirate provides a business-friendly tax environment.

In 2022, the UAE announced that it will introduce corporate taxes to support small businesses. The legal tax rate in the country will be 9% on taxable income that exceeds Dhs375,000 ($102,000), which is one of the lowest and most competitive corporate tax rates globally and is in line with the UAE’s goal of maintaining its position as a leading destination for business and investment.

There is no doubt that the United Arab Emirates is the most peaceful and top of the list country to live, work and do business in for a bright future.

The United Arab Emirates is a mini-world where people from more than 200 countries live with their families and work for a wonderful future. The unity and brotherhood among all the nationalities living in the United Arab Emirates is exemplary.

All credit goes to the visionary leadership of the United Arab Emirates who made the country one of the most favourite in the world.

Visionary leaders of the United Arab Emirates adopted solid economic policies and opened up the country to the rest of the world to be part of strengthening the economy of not only the United Arab Emirates but also their respective countries by sending huge remittances through their earnings.

Hammad Usman,
By email