UAE is truly one of the most popular places for living, leisure, work, business and capital investment. The warm climate, pristine sandy beaches, favorable tax policy, extensive amenities, and numerous other advantages ensure high popularity for relocation, business operations and investments in every major city of the UAE. To make it easier to understand capital investment in the UAE market and how Easy Wave can assist with it, we have prepared a list of detailed answers to the most frequently asked questions below:
Why Invest in UAE?
The UAE offers a wealth of opportunities for investors due to its strategic location, strong economy, and business-friendly environment. With zero income tax on most businesses, a robust legal framework, and a stable political climate, the UAE has become a global hub for investment. Additionally, its world-class infrastructure, state-of-the-art facilities, and growing consumer market make it an attractive destination for both real estate and business ventures. Whether you’re looking for profitable real estate investments or seeking to expand your business, the UAE provides an ideal platform for growth and success.
What corporate services does Easy Wave offer in the UAE?
Easy Wave Corporate Services offers a wide range of corporate services, including company formation, business support, tax registration and planning, commercial space setup, bank account assistance, and relocation services, designed to help businesses thrive in the UAE.
How attractive is Real Estate Investment in UAE?
Exploring the real estate market in UAE holds numerous advantages. For instance, investing in real estate serves as an effective hedge against inflation due to its direct correlation with economic indicators. Moreover, acquiring an investor visa with an option to sponsor other family members become feasible with a minimum investment of AED 750K (USD 205K) in a ready-to-move property. Rental properties in Dubai boast an impressive ROI ranging from 8-10%. Notably, UAE property market has shown resilience with ten consecutive quarters of expansion driven by robust demand, economic growth, and government initiatives.
The most popular cities in UAE to consider purchasing property are Dubai, Abu Dhabi, and Ras Al Khaimah.
Can Non-Residents Purchase Property in Dubai?
Nationals of other countries can indeed purchase real estate in Dubai, although they are limited to areas designated as ‘freehold.’ This privilege extends to both non-residents and expatriates, allowing them to acquire property in these freehold zones with ownership rights granted as either freehold, without restrictions, or leasehold for up to 99 years. The Dubai Land Department issues title deeds, and there are no age limitations on property ownership in the emirate. Popular freehold areas include Downtown Dubai, Business Bay, Dubai Harbor, Damac Hills, Palm Jumeirah Island, and others.
How can Easy Wave assist with starting my business in the UAE?
We provide end-to-end support for company formation, helping with legal registration, licensing, obtaining necessary permits, and finding the right commercial space. Our team ensures a smooth and efficient setup tailored to your business needs.
What types of businesses can I set up with Easy Wave in the UAE?
We assist with the formation of various types of businesses, including free zone companies, mainland companies, and offshore entities, ensuring compliance with local regulations and providing tailored solutions based on your business goals.
Do you offer assistance with UAE tax registration and planning?
Absolutely! Our team offers comprehensive tax registration and planning services to ensure compliance with the UAE’s tax laws while optimizing your business’s financial strategy for better returns.
What Taxes Apply to Property Owners in UAE?
Given the UAE’s tax-free status, property owners are exempt from property taxes. However, annual maintenance and service charges are applicable, with payment frequencies ranging from one to four times a year, depending on the property.
Can Easy Wave help with my relocation to the UAE?
Yes, we offer full relocation services, including visa processing, housing assistance, and guidance on schooling and settling in the UAE, making your transition as smooth and hassle-free as possible.
What is the process for setting up a company in the UAE?
The process involves choosing the right business structure (mainland, free zone, or offshore), registering your company with the relevant authorities, obtaining necessary licenses and permits, and setting up a physical office space. Easy Wave guides you through each step, ensuring a smooth and efficient setup.
How can Easy Wave assist with commercial space setup in the UAE?
We help you identify the perfect location for your business, assist with leasing or purchasing commercial space, and ensure that your setup complies with local regulations. Our team also provides support with office design and fit-out to create an ideal working environment.
What are the benefits of setting up a business in a UAE free zone?
Free zones offer numerous advantages, including 100% foreign ownership, tax exemptions, simplified licensing procedures, and access to world-class infrastructure. Easy Wave helps you navigate the process of setting up in the right free zone based on your business needs.
What is the minimum investment required to start a business in the UAE?
The minimum investment depends on the type of business, location, and licensing requirements. Free zones often have lower minimum investment thresholds, while mainland businesses may require more capital for office space and infrastructure. Our team will help you understand the specific requirements based on your business goals.
What Is An Off-Plan Property in Dubai?
Off-plan property in Dubai refers to property under construction and is a favored option for end users and investors. It offers a lower purchase price than ready-to-move-in units, allowing for potential resale before completion and gaining higher capital appreciation. Developers often require a 5-10% down payment, providing full ownership, and offer flexible payment plans. Purchasing off-plan also ensures brand-new properties with the latest technology, design, and lifestyle features.
