Opening an e-commerce
E-commerce in the UAE has experienced one of the highest growth in recent years. Online retail sales are believed to have grown from $ 490 million to $ 1.6 billion between 2013 and 2017. The total value of ecommerce should increase exponentially, ranging between 9 and 10 billion dollars with forecasts of doubling over the next three years. All this led to the creation of a free zone entirely dedicated to the growth of the ecommerce market by providing a system capable of managing and creating the e-commerce business in the United Arab Emirates.
Corporate incentives are:
- 100% owned by foreign companies
- no corporation tax or income tax
- 100% repatriation of capital and profits
Advantages
- efficient tax system
- little bureaucracy
- strategic position
- networking