In recent years, the United Arab Emirates has been a popular location for Italian entrepreneurs looking to launch new firms over the border. A additional boost could come from the Arab country's recent regulatory changes, which have made the situation even more advantageous for foreigners looking to launch a business there. The DubaiLegal.it platform provides tailored legal, tax, and business consulting services to organizations looking to invest and operate in Dubai, Abu Dhabi, and the other United Arab Emirates. Socially, the elimination of the requirement that foreign companies incorporated in the territory have an Emirati shareholder (so-called sponsor) possess a minimum of 51% of the capital under the new regulations on company law has piqued the interest of Italians. A significant step forward, allowing the foreign entrepreneur to own 100% of the business. Profits of corporations exceeding specific income limits are taxed at no more than 9%. Some regions, such as the Dubai Airport Freezone, have complete tax exemptions, which explains the presence of several Italian companies, like Luxottica, Montegrappa, Ariston, Frey Wille, and Guzzini. Other companies, including Lavazza, Ducati, Giorgio Armani, and Eataly, have found success in Dubai by leveraging on the city's love of premium Italian coffee, luxury vehicles, fashion, and gastronomy.
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