It creates jobs, people live here, buy and rent real estate. For them, investment attractiveness is important.
Tax on capital gains and profits of the company - 0%. Since the summer, the latter will be increased to 9%, but this is also the lowest figure among developed countries.
VAT - 5%, when in Europe 18-22%.
More than 25 free zones that allow you to conduct business according to simplified rules and not pay taxes (even after the summer of 2023).
OJSC ranks 16th in terms of ease of starting and doing business.
Transparent regulation of business - the need to obtain a license for all types of activities.
They rent and increase the recognition of the city and the country.
Tourism infrastructure is important for them.
People from the first two categories who came for a long time - to work or do business. For them, convenience and quality of life are important.
Conclusion: The UAE government has created an investment climate in which it is beneficial for companies to open up and create jobs. All this boosts the growth of the economy, and as a result, the real estate market.
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