Doing business in UAE
The United Arab Emirates (UAE) is the UK’s largest civil export market in the Middle East and 12th biggest globally.
UK-UAE bilateral trade in goods and services reached £12.4 billion for 2013. The UAE economy continues to grow and the overall economic outlook is positive
Trade in UAE
There are over 5,000 British companies operating in the UAE, including BP, Shell, Rolls Royce, BAE Systems, Mott McDonald, SERCO, Standard Chartered and HSBC.
The UAE is an important entry port for a £150 billion regional market with a significant percentage of UK exports.
If you intend to trade or invest in the UAE, you need the correct authorisations and licences. Each Emirate may also have additional requirements.
Tax and Customs
There is no direct personal taxation in the UAE. Most Emirates levy various municipal taxes. Indirect taxation through official fees is commonplace.