Dubai has developed into an important international business center in recent years, utilized by an increasing number of companies from Europe and around the world. The UAE government has recently enacted new laws and regulations aimed at further improving the business environment and attracting foreign investment. For companies from Germany, Austria, and Switzerland looking to enter the booming Dubai market, it is crucial to familiarize themselves with the current legislation. At Urban Thier & Federer Attorneys at Law, we offer comprehensive legal support for companies wishing to establish a presence in Dubai.

With our local office in Dubai, we are ideally positioned to assist our German, Austrian, and Swiss clients in navigating the complex legal requirements of the UAE. Whether you are looking to establish a business, invest in real estate, or expand your existing operations in Dubai – our team is ready to provide you with expert legal advice. Our lawyers possess years of experience in international business law and are well-versed in the intricacies of Dubai's commercial regulations, ensuring your investment is legally sound and fully compliant with all local statutes.

Our practice areas in Dubai for companies from Germany, Austria, and Switzerland:

• Company Formation & Business Structuring: Dubai offers numerous opportunities for foreign companies, including free zones, limited liability companies (LLCs), and branches. We will assist you in selecting the optimal company structure that aligns with your business goals and requirements, ensuring full compliance with UAE laws.
• Real Estate Investments: The Dubai real estate market offers lucrative opportunities for foreign investors. From the residential real estate market to commercial investments, we will advise you on investment opportunities, real estate purchases, and the relevant regulations in the real estate industry.
• Regulation & Licensing: The UAE government is continuously implementing changes to laws and regulations to improve the business environment. We advise you on the necessary permits, assist you with tax compliance, and inform you about the latest regulatory requirements for companies from Germany, Austria, and Switzerland.
• Corporate Governance & Dispute Resolution: We help companies establish strong governance structures that comply with local legal requirements, and we support you in resolving conflicts with partners, clients, or competitors.
  

To simplify company formation, Dubai has introduced a unified licensing system that combines multiple license types into a single one. This system reduces bureaucracy, increases efficiency, and allows for faster license issuance. For German companies, this means accelerated establishment and straightforward market entry into Dubai.

In line with global efforts to combat tax avoidance, Dubai has introduced economic substance regulations. These require foreign companies conducting certain business activities to demonstrate a significant presence in the UAE to benefit from tax advantages. These regulations apply to sectors including banking, insurance, and investment management, among others. We assist German companies in meeting these requirements while simultaneously maximizing the tax benefits of the market.

Dubai has enacted several new laws to regulate the real estate market and strengthen investor confidence. Key reforms include:

• RERA Guidelines: The Real Estate Regulatory Authority (RERA) continues to implement strict rules for real estate purchases and sales. Current changes specifically affect property management and regulations for agents and developers, leading to increased transparency and legal certainty.
• Transparency in Real Estate Ownership: New regulations ensure clear documentation of owners and investments to protect both local and foreign investors and combat money laundering.
• Real Estate Ownership for Foreigners: The government has expanded the options available to foreigners for owning real estate in Dubai. This primarily affects areas where foreign investors can now purchase real estate outright, which is of particular interest to German and European investors.

One of the most significant changes in recent years has been the relaxation of regulations governing foreign ownership of companies. In certain sectors, foreign investors can now hold 100% of a company’s shares without having to partner with a local entity. This applies, among others, to the technology, consulting, and industrial sectors. This change is a major advantage for German companies that wish to retain full control over their operations in Dubai.

The introduction of Value Added Tax (VAT) in Dubai has transformed the tax landscape. Furthermore, new tax regulations have been implemented to support sustainable growth and development. Key changes include:

• Corporate Taxes: Dubai has introduced new corporate tax rates for certain sectors, while remaining one of the most tax-friendly regions in the world. Our experts can advise you on tax planning and how to make the most of tax incentives.
• Tax Returns and Compliance: The new tax regulations require more transparent reporting and precise compliance with regulations. We help German companies meet the new requirements and avoid legal risks.

The UAE has introduced significant labor law reforms that both protect employees’ rights and offer businesses greater flexibility. These changes affect, among other things, hiring, contract drafting, and working conditions. For companies establishing branches in Dubai, it is important to understand these changes in order to operate in compliance with the law.

Dubai offers a unique combination of advantages that make it one of the best locations for international businesses. These include:

• Stability and low tax burden: Dubai offers a politically stable environment with one of the lowest tax burdens worldwide, including a lack of income tax. These tax advantages make Dubai an attractive destination for German companies.
• Security and low crime rate: Dubai is among the safest cities in the world with a very low crime rate, offering an additional level of security for businesses.
• Efficient Legal System: Dubai's legal system, including specialized economic courts, ensures that disputes are resolved efficiently. The high quality of jurisprudence helps companies settle their legal matters quickly and transparently.
• Excellent Infrastructure: Dubai is known for its world-class infrastructure, including modern office spaces, excellent transportation networks, and innovative technology. These factors create an ideal environment for businesses looking to grow and thrive.
• Attractive living conditions: Dubai offers its expats and their families a high standard of living, excellent healthcare, and first-class educational institutions, making it a preferred destination for business owners and executives.
• Direct flights from Germany, Austria, and Switzerland: Dubai is easily accessible via numerous direct flights from major airports in Germany, Austria, and Switzerland. These excellent connections make it easier for business owners and executives to travel to Dubai regularly and manage their business operations on the ground.
• A vibrant business community: Dubai attracts a dynamic and growing business community, including many European companies that have either established themselves here or relocated their operations to the UAE. This not only fosters the exchange of ideas but also helps build business networks that can support companies’ success.