Business challenges in the UAE

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Business must operate regardless of the economic situation, but some of the canonical pillars of doing business today are seriously undermined. Along with the basic task of developing a business, an equally serious task of saving it appeared.

Business rescue

Business development

The need to service clients abroad who, after the imposition of sanctions, lost the opportunity to work with companies from the Russian Federation.

The desire to earn clients abroad.

Opening up the possibility of accepting funds when the Russian banking sector is blocked (through the re-issuance of contracts).

Gaining access to the banking sector when making transfers abroad.

Optimization of the heavy tax burden, while the income will not be income received from sources in the Russian Federation and will not be subject to double taxation.

The ability to form reserves for development and not experience a primary need for bank lending.

High speed of business relocation: ready-made locations, technological solutions, etc.

Bonus: the absence of a barrier to business development in the UAE ensures easy entry into new territory and the territory of Arab countries in general

Reduced reporting to government agencies. For example, when fulfilling accounting and tax obligations today, Russian companies must generate and submit more than 60 primary reports per calendar year, not counting adjustments, responses to requests for clarifications and documents.

Convenience of business with features in which:

it is difficult to generate reports due to the small volume of documented expenses;

a large array of costs with highly indirect (not obvious) results, which makes it difficult to obtain the results of reasonable government control over costs (for example, various segments of services, areas of work on software development, production of advertising campaigns, creation of intellectual assets and inventions, films, etc. .d.);

a large share of costs for the foreign contingent (for performers, for the use of world brands, software products, and so on) and large costs for obtaining, legalizing, and translating documents for the purposes of state control of the company’s economic activities.

Simplified procedures for legally conducting business (for example, obtaining licenses, hiring foreign specialists, speed of issuing permits).

Simplified procedures for legally conducting business (for example, obtaining licenses, hiring foreign specialists, speed of issuing permits).

The desire to get rid of tax audits and fines and sanctions that consume the company’s profit remaining after taxes;

from increasing administrative prosecutions and punishments.

The ability to work with minimal control measures compared to their volume in the accessible (base) jurisdiction.



Unwillingness to put up with the growing number of government bans and participation in a large number of control and inspection activities.

It is inadmissible for a business to undergo a large number of control and verification measures at the start. Absence of an actual moratorium on inspections of small businesses. Lack of information about all the pitfalls of doing business in the Russian Federation and unwillingness to spend time studying all state prohibitions, lack of time to study this even in urgent need.

The need to resume work with foreign suppliers who are limited in the import of goods, raw materials, and components into the Russian Federation.

The need to obtain foreign suppliers who are limited in the import of goods, raw materials, and components into the Russian Federation.

Opening an alternative production site in the UAE due to the presence of a large number of developed industrial parks.

The opening of a production site in the UAE is attractive due to the presence of a large number of developed industrial parks.

Gaining access to markets with high purchasing power to strengthen and develop existing potential.

Entering markets with high purchasing power for the effective development of existing potential.

An acute or conscious need for a transition to long-term planning of activities and a need for stability.

The presence of a need to implement long-term projects and the search for stability.

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