Business Risks In Real Estate Investing In Dubai Essay Example
Discussing the business risks that foreign investors may encounter when investing in Dubai due to the constant presence of risk in all investments, as previously mentioned, is the purpose of this section of the paper.
Foreign investment in the Emirates, including Dubai, has potential risks. While these regions aim to attract foreign investment, the main challenge for such investments is the requirement for a local partner to hold no less than 51% of a company or organization. However, there is an exception in free trade zones where for
...eign investors can have total ownership of their companies. As of 2002, there were eleven such zones available. The UAE development policies of 2002 allowed exemptions for foreign investors.
Assistance would be given in the recruitment of both laborers and professionals, with the added benefit of services and multilayer leases. In accordance with the UAE's development policies from 2002, there would be profit and capital repatriation, commercial sector levies, tax exemption for exports and imports, and overall exemption from taxation.
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