More and more Polish entrepreneurs are deciding to move their business to Dubai, looking for more favourable tax conditions and a more business-friendly environment. Many of them, paying as much as PLN 300,000 a month in taxes in Poland, find in the United Arab Emirates (UAE) an attractive alternative for running a business.
Why does Dubai attract Polish entrepreneurs?
- Low tax burden: The UAE applies a 9% corporate income tax, and individuals are exempt from income tax.
- Quick and simple company registration: Setting up a business can take just a few days, and the procedures are transparent and friendly to foreigners.
- A stable and secure business environment: Dubai offers modern infrastructure, political stability and a high quality of life, which makes it an attractive place to run a business.
The growing number of Polish companies in Dubai
Polish entrepreneurs from a range of sectors, such as IT, trade, education and real estate, are increasingly choosing to expand into Dubai. Many of them use the services of specialists who help with setting up companies, opening bank accounts and obtaining residence visas.
Challenges and opportunities
Although Dubai offers many benefits, entrepreneurs must be aware of local regulations and cultural differences. It is also important to prepare thoroughly and to seek professional advice, in order to avoid potential pitfalls and make full use of the opportunities offered by this dynamically developing market.
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