Recent data has shown a significant surge in Britons looking to relocate to the UAE over the past five years.
And through its new office in Dubai, Ortac International Accounting offers company establishment services in the region for citizens of various countries including the British.
In recent years, the UAE, particularly Dubai, has emerged as a sought-after destination for British citizens. Murat Ortac, founding partner of Ortac International Accounting, highlights Dubai’s appeal for foreign investors. He explains its flexible procedures and favourable tax advantages compared to the European Union, attracting entrepreneurs and professionals seeking a vibrant business environment.
With over 240 thousand British expatriates residing in Dubai and approximately five thousand British companies operating in the UAE, Dubai stands as an increasingly important destination for international business ventures.
Ortac International Accounting offers efficient and seamless company establishment services in Dubai, leveraging its expertise and strategic partnerships. As the authorised professional partner of IFZA, Dubai's premier free zone, Ortac ensures swift completion of company establishment procedures and banking formalities within just seven working days, along with the provision of a two-year investor visa.
Murat Ortac said: “The corporate tax rate and the tax system in general are important for business people who plan to establish a company in foreign markets.
"With its 9% rate, the UAE is almost at the top among the countries with the lowest corporate tax in the world as of 2023. With the law enacted at the beginning of 2024, it became mandatory to work with an accounting company. With our 27 years of experience in accounting, we are now serving in Dubai.”
Dubai’s competitive edge is its low tax rate and enviable expat lifestyle
Dubai’s status as a global trade hub is underscored by its investor-friendly policies, including tax exemptions and a zero percent personal income tax. Its removal from the grey list in February 2024 further bolsters its appeal, enhancing operational ease for foreign entities and facilitating global business expansion.
Dubai serves as a pivotal gateway connecting east and west, offering entrepreneurs access to investment opportunities in Asia as well.
Positioned as a nexus between continents, Dubai boasts excellent infrastructure and connectivity, facilitating seamless access to international markets. Its strategic location and advanced logistics infrastructure make it particularly attractive to companies operating in consulting, IT, technology, software, blockchain, trade, logistics, and finance sectors.
Ortac International Accounting helps clients navigate complexity
Murat Ortac commented: "We recommend those who want to establish a company in Dubai to work with an expert business partner like Ortac International Accounting instead of surfing general information on the internet. Choosing an expert partner will save clients both time and cost.”
Navigating the complexities of international trade laws demands specialised expertise. Ortac International Accounting, with its comprehensive knowledge and experience spanning over 27 years, ensures efficient business expansion and compliance with local regulations.
Collaborating with local stakeholders and authorities, Ortac minimises bureaucratic hurdles, enabling swift realisation of expansion goals.
