In light of the continuous economic growth and rapid development in the United Arab Emirates, the UAE is considered a preferred investment destination for many local and international investors. The UAE is characterized by a variety of free zones and special economic zones that provide an ideal investment environment. In this article, we will take a look at the most important investment areas in the Emirates.

Why invest in the UAE ?

The UAE has many advantages that make it occupy the first place in investment and the direction of most capital there. This is due to its possession of several advantages that make it the first country in the world in investment, and the most important of these features are the following:

• Strategic location:

The UAE has its own important strategic location, located between the East and the West, allowing businessmen and investors to access the most important and largest emerging global markets, and various major and basic business centers in Europe, Asia, Africa, the Pacific, and North America as well.

• Advanced infrastructure:

The UAE is distinguished by having the most advanced infrastructure in the world, due to the huge capital it devotes to strengthening and revitalizing its infrastructure, in fulfillment of the UAE’s vision that aims to make the country one of the best countries in the world according to the green and sustainable development strategy.

• Various business facilities:

There are various options available in the UAE for business establishment and company establishment facilities, and according to your activity and the capital available to you, you can establish any commercial activity or establish an investment company in the Emirates in various regions of the country or establish an investment company in free zones or establish a company in Jebel Ali, and this includes Diversity includes business centers, shopping centers, commercial towers, various industrial areas, and more than 35 free zones with different and varied activities.

• Political stability:

Political stability is considered the most important thing that distinguishes the UAE and makes it the first country in the world for investment and for attracting money to it due to the fact that it contains stability, security and security. This is what any investor in any country needs and requires. Stability helps to establish a company in the Emirates, establish a company in Jebel Ali, or establish Company in the free zone.

• Social stability:

The most important thing that distinguishes the UAE also is social stability, meaning that it is a safe country and the incidence of crime is not mentioned at all and its rate is very small compared to all other countries. It also enjoys providing means of entertainment for people. It also enjoys providing various means and methods of work in order to allow the establishment of investment companies in it. It is also considered a country. It is very convenient for anyone who wants to reside there, and the UAE government works to provide ways and means to obtain residency and invest in the Emirates.

• Ease of doing business:

In 2019, the UAE was ranked the best country in facilitating and facilitating business and ranked first in the world. This also made it the country that received the most investment and is considered one of the largest countries in establishing investment companies.

• Intellectual property rights protection:

The UAE protects the intellectual rights and trademarks of every investment company in it, whether this company is an investment company in the free zone or an investment company in Jebel Ali, and it has developed and enacted laws to prevent piracy.

Legal and administrative procedures necessary to invest in the UAE?

Investing in the UAE requires compliance with many legal and administrative procedures. Here\\\’s an overview of the basic procedures to follow:

1. Choosing the type of company: First of all, you must determine the type of company you want to establish, whether it is a local company, a subsidiary, or a joint venture.
2. Determine the economic sector: Determine the economic sector in which you wish to invest, and conduct the necessary research and studies to evaluate economic opportunities and analyses.
3. Obtaining the necessary licenses and permits: Many commercial and industrial activities may require obtaining licenses and permits from the relevant authorities, such as the Ministry of Trade and Industry, the Department of Economic Development, the municipality, and others.
4. Submitting legal documents: Submit the legal documents necessary to establish the company, such as completed forms, contracts, and personal documents of shareholders.
5. Company Registration: Register the company with the relevant commercial registry and obtain a tax identification number and business license.
6. Opening a bank account: Open a bank account in the company’s name in one of the approved local banks.
7. Submitting tax reports and returns: Ensure compliance with the regular submission of tax reports and tax returns in accordance with the tax legislation in force in the UAE.
8. Commitment to labor legislation and working under legal contracts: Companies must adhere to labor legislation and provide protection and rights to workers, in addition to signing legal contracts with employees.

The most important investment areas in the Emirates

• Investing in Jebel Ali

Jebel Ali is also considered one of the most important places that investors can invest in, as it is one of the most important investment areas in the Emirates. Jebel Ali is located in the center of Dubai, heading west towards the city of Abu Dhabi. This region includes the best port, Jebel Ali Port, and also possesses the most important aluminum factories in the Middle East. This area also contains many five-star hotels, making it one of the best and most important investment areas in the Emirates.

In addition, the Jebel Ali area includes the largest free zone in the entire Arabian Gulf, which is located in the south of the city of Dubai. This area is distinguished by the fact that it works to provide a suitable work environment that helps in achieving the largest possible amount of profits without paying taxes and without the need for a partner who holds… Emirati nationality.

• Investing in Dubai Marina

Dubai Marina is one of the most important tourist destinations that sits on the throne of residential areas in Dubai and which enjoys a very high return on investment, due to the design of its high-rise buildings and its enjoyment of stunning water views, in addition to the presence of a group of famous restaurants and cafes.

The development of the Bluewaters Island project added to the importance of this area to be one of the best areas for investment in Dubai, making it ranked first among the list of the best areas for investment in Dubai 2018.

• Investing in Palm Jumeirah Island

This island is distinguished by its excellent atmosphere and high returns on investment. This is a result of its unique design in the form of a palm tree drawn on the surface of the Arabian Gulf. Investors’ desire to buy many apartments on Palm Jumeirah Island also increased following the completion of the Palm Beach and Raffles Residences project. The island also worked on Developing Palm Jumeirah real estate, apartments and villas alike, on the basis of sophistication.

• Investing in Arabian Ranches

The Arabian Ranches complex is considered one of the most important investment areas in the Emirates, and this is due to it being an excellent family residential complex. This area is distinguished by having a high return on investment in the Emirates, thanks to this area including villas of very large areas, as well as providing many entertainment and service facilities there.

• Investing in Jumeirah Village Circle

Jumeirah Village Circle in the Emirates includes many apartments and villas, and it has been the focus of attention of many investors in the Emirates, due to its excellent strategic location, which facilitates movement from and to many other areas such as; The Jebel Ali area, in addition to the Jumeirah Lakes Towers located there, and all of this is in addition to the projects that are still under implementation there, and at the same time it has gained wide fame in the field of investment.

• Investing in Dubailand

Dubailand also includes many residential projects such as; The Mudon project, the Dubai Lifestyle City project, and the City of Arabia project, the residential construction in which varies between apartments and villas, are all considered a suitable opportunity for investment there.

• Investing in Downtown Dubai and Jumeirah Lakes Towers

The Downtown Dubai area is considered one of the important areas that has gained great fame among residents and tourists in the Emirates, and it enjoys a very high investment rate due to the presence of the Burj Khalifa there and Mohammed bin Rashid Boulevard, in addition to the Dubai Mall, which is considered the largest mall in the entire world, in addition to the improvement and distinction of the standard of living. There, it is distinguished by its luxury and proximity to the most important and famous tourist attractions and is considered one of the most important investment areas in the Emirates.

• Investing in The Springs Villas:

Springs Villas are considered one of the best places or areas for investment, and they have gained an important position among investors as one of the best areas for investment in the Emirates, due to it being close to a number of schools, in addition to its richness in service and entertainment facilities.

Tax advantages of investing in the UAE

The UAE has attractive tax advantages for investment. Here are some of the main tax advantages for investing in the UAE:

1. Not imposing income tax on companies: In most emirates, income tax is not imposed on companies, including local and foreign companies. This means that the business profits of companies are not subject to income tax.
2. Value Added Tax (VAT) is not imposed on some sectors: VAT has been imposed in the UAE as of 2018, but some vital sectors such as health, education, and tourism hospitality are not subject to VAT.
3. Double taxation avoidance agreements: The UAE has signed double taxation avoidance agreements with a number of countries. This aims to avoid imposing taxes twice on income generated from cross-border commercial activities.
4. Free zones and private commercial zones: There are free zones and private commercial zones in the Emirates that provide a favorable commercial environment and are characterized by tax, customs and administrative exemptions, such as the Jebel Ali Free Zone in Dubai and the Kays Free Zone in Abu Dhabi.
5. No tax on supplies and services: In the UAE, there is no tax on supplies and services, which means there is no sales tax for companies.

Advice for new investors in the UAE

Here are some important tips for new investors who want to invest in the UAE :

• Market study and opportunities: Before starting any investment, conduct a good study of the local market and analyze the available opportunities. Check promising sectors and economic and political developments that may affect your investment.
• Financial and legal advice: Speak with a professional financial advisor and specialized lawyer to obtain the necessary advice and guidance based on your specific financial goals and circumstances.
• Diversify the investment portfolio: Try to diversify your investment portfolio between various assets such as real estate, stocks, bonds, etc., to reduce risks and increase the potential return.
• Compliance with laws and regulations: Ensure compliance with all local and international laws and regulations related to investment and business in the UAE, and exercise accuracy in legal and administrative procedures.
• Network building: Build a strong network of relationships in the business and local community, and collaborate with local partners to better understand the market and facilitate business operations.
• Prepare for challenges and risks: Expect and accept that investing carries risks, and be prepared to deal with potential challenges and identify strategies to deal with them.
• Performance monitoring and continuous evaluation: Regularly monitor the performance of your investments, evaluate them periodically, and prepare to make the necessary adjustments if necessary.
• Patience and Optimism: Remember that investing requires patience and optimism, and be willing to work hard and wait for a long-term return on investment.