BAKU, Azerbaijan, December 26. It's highly recommended for Azerbaijani businesses to expand their operations to the UAE because of a large number of benefits, Managing Partner, AG Mena - a leading multi-services firm in the UAE Zain Dhareeja told Trend.
During his visit to Baku, which was organized in partnership with the Dubai Chamber International Office in Azerbaijan, he spoke about the benefits of investing in the UAE.
“The main objective of my visit is to promote investment opportunities between Azerbaijan and the UAE in particularly for residency options for Azerbaijani entrepreneurs, that might be looking to do a business in the UAE,” Dhareeja said.
Dhareeja claims that the favorable geographic location, with access to a large client base, is one of the benefits for Azerbaijani investors considering investing in the UAE.
“The advantages of investing in the UAE are zero income tax, corporate tax, simple procedures for obtaining residency. Moreover, the country has the ease of doing business and scored 80.9 out of 100 (According to the Bank’s Doing Business Report (2020),” he underlined.
He also touched upon the Baku’s high potential for business development, praising the efforts of the government of Azerbaijan in terms of investments into the public sector.
Meanwhile, as part of his visit to Baku, he participated at the Invest in Dubai – Business Luncheon by Dubai Chamber International Office in Azerbaijan and UAE Embassy in Baku, held on December 8. Dubai International Chamber, one of the chambers operating under Dubai Chambers, leverages its global network to enable local businesses to expand to global markets and attract foreign direct investment into the emirate, enhancing Dubai’s position as a highly competitive global economy and a preferred global business hub.
AG Mena is a leading multi-services firm headquartered in the United Arab Emirates (UAE), providing legal services, corporate services, and citizenship & residency solutions under a one-stop platform.