英文【DezanShira-Associates】迪拜营商指南2023（英）word版.docx

FOLLOW US ON TWITTER(S)DezanShiraMdEastBriefingQVISITUSONFACEBOOK<DezanShira&Associates><MiddleEastBriefing>一VISITOURWEBSITE<><>THEDOINGBUSINESSINASIAGUIDESSERIESAM HROOVCTK>MTODoing BusinessIndonesiaVietnamASEANSingaporeRussiaHong KongBelt & RoadThiseditionofDoingBusinessinDubaiwasproducedbyateamofprofessionalsatDezanShira&Associates,withChrisDevonshire-EllisasEditor.CreativedesignoftheguidewasprovidedbyAparajitaZadoo.©2023DezanShira&AssociatesDisclaimerThecontentsofthisguideareforgeneralinformationonly.Foradviceonyorspecificbusiness,pleasecontactaqualifiedprofessionaladvisor.Copyright2023,AsiaBriefingLtd.Noreproduction,copying,ortranslationofmaterialswithoutpriorpermissionofthepublisherispermitted.MONGOLIASOUTH KOREAJAPANNEPALCHINABANGLADESHUnitedarab EMIRATESINDIAHONG KONG SARTHAILANDTHE PHILIPPINES VIETNAMDEZANSHIRAl<SS()CATSSRILANKAMALAYSIASINGAPOREINDONESIAAboutDezanShira&AssociatesDezanShira&Associatesisapan-Asia,multi-disciplinaryprofessionalservicesfirm,providinglegal,taxandoperationaladvisorytointernationalcorporateinvestors.OperationalthroughoutChina,India,ASEANandtheMiddleEast,ourmissionistoguideforeigncompaniesthroughAsia,scomplexregulatoryenvironmentandassistthemwithallaspectsofestablishing,maintainingandgrowingtheirbusinessoperationsintheregion.Withmorethantwodecadesofon-the-groundexperienceandalargeteamoflawyers,taxexpertsandauditors,inadditiontoresearchersandbusinessanalysts,weareyourpartnerforgrowthinAsia.%DEZANSHIRA&ASSOCIATESYourPannerforGrowthinAsiaWWWMroroLiEEactRussia BriefingUAE&DubaiDailyBusinessUpdatesDailybusinessandregulatoryupdatesconcerningtheentireMiddleEastregion,plusourcomplimentaryweeklye-newsupdate,delivereddirectlytoyourinbox.ComplimentarysubscriptionavailablehereAASIABRIEFINGQASEANBRIEFI、GCNBRIEFlNGA11NODUCTIONTODOINGBUSINESSINDUBAI20234,SilkKoadBkiehngPrefaceMARIA KOTOVARegional DirectorDezan Shira & AssociatesCONTACTDezan Shira & AssociatesdubaiDezanShira&AssociateshasmaintainedaninterestinDubaiformanyyears,howeverrecentgeopoliticalchangeshavemeantthatweestablishedourfirstwhollyownedandlicencedpresenceintheEmiratelastyear.Today,theMiddleEast,andDubaiarefastgrowinghubsthatareincreasinglyactingasabridgebetweenEastandWest.Withabout50%ofourpracticeclientscomingfromtheWest,yetourcorporatepresenceencompassingAsia,wehavefoundDubaialogicalstepincreatingthatlinkbetweenthetwo.TheUAE,ofwhichDubaiisjustoneofthesevenEmirates,experienceditshighestgrowthinoveradecadeduring2022andwasoneofthefastestgrowingeconomiesintheworldlastyear.NeighbouringSaudiArabiaisexpectedtobetheworld'sfastestgrowingmajoreconomyin2023.Weseeourroleasfacilitatingtradeandinvestmentinbothdirections-fromEuropeandtheUnitedStatesintoDubaiandtheMiddleEast,andthenontoAsia.WealsoseetradeandinvestmentfromAsia-China,ASEANandIndiagoingintheoppositedirection,intotheMiddleEastandbeyond.OurpracticeisactivelyinvolvednotjustinDubai,butelsewherethroughourprofessionalrelationswithfirmsacrosstheMENAregion,includingTurkiye,Jordan,Oman,Qatar,andIran,andEgyptandEastAfrica.Itisasignificantfootprint.Providingmarketandbusinessintelligence,corporateestablishment,taxadvisoryandtradecompliance,pleasecontactusasyoureyesandearsforwhatishappeninginthisdynamic,emergingregion.AboutThisGuideWeunderstandthatDubaiisanewmarketformanyforeigninvestors.Yetunlikemanylocalfirms,wehaveextensiveexperiencethroughouttherestofAsiaaswell.Forthatreason,inthisbrandnewDezanShira&Associatesoperationalhandbook,for2023wehaveconcentratedonsettingthescene,withexamplesofhowDubaiandtheimmediateregionsarebecomingincreasinglyinterconnectedandhaveincludedalotofintelligencenotjustconcerningtheUAEbutexamplesandsomecasestudiesofhowitisincreasinglyinterconnectedbothregionallyandwithAsia.Todothis,wehavekickedoffPart1withageneralEconomicOverviewanddiscusstheUAE,soverallbusinessdevelopmentstrategy-importantIorforeigninvestorstobeawareof.InPart2,wediscussinstancesofRegionalTradeandInvestmentdevelopmentstoguidereadersthroughthewideamountofinternationaleconomic,tradeandinvestmentdiversitythatisthenewnormalisthisrapidlydevelopingregion,withexamplesfromAzerbaijantoChinatoASEAN,IndiaandtheUnitedKingdom.InPart3,welkatsomeofthedevelopingtrendsintermsofforeigninvestment-withtheUAEverymuchattheforefrontofnewtechsuchasdigitalfinance,electricvehicles,andgreeneconomies.InPart4wegetintosomedetailconcerningthevariousUAEandRegionalFreeTradeAgreementsandTradePartnerships-whensettingupacompanyhereinDubai,yourbusinesscanalsotakeadvantageofthese,meaningitisgoodtoknowwhatadditionaltradeoptionsareavailable.InPart5weconcentratespecificallyontheMiddleEast'stradeandinvestmentrelationswithChina,theregion'slargesttradepartner.Part6coverstheissuanceofUAEvisas,andPart7IntellectualProperty.InPart8,wediscussCorporateEstablishmentoptions,andPart9wecoverthechangingTaxRegime-thecorporatetaxstructureisbeingamendedinmid2023andaffectsallforeigninvestors.Unlikeotherregionalbusinessguidesthisyearwehaveoptedforafarmoreinclusiveapproach-asdoingbusinessinDubaiisn'tjustabouttheregionalregulations-it'salsoverymuchabouttheopportunitiesthatDubaipresentsasaGatewaytotheMiddleEast,andAsia.Ourfirm,with30yearsexperiencethroughouttheAsianregion,isoneoftheveryfewtohavethiskindofexpertise.ForassistancewithoperationsortodiscussyouroverallAsiastrategy,pleasecontactusatdubai.TableofContentsPreface05AboutThisGuide06Part1SettingTheScene10UAE,sStrong2022EconomicGrowthHighestFor1111YearsAnIntroductionToDubai,sIndustrialDevelopment14StrategyDubaiIntroducesAMetaverseDisputeArbitration18PlatformPart2RegionalTrade19Azerbaijan-UAE2023TradeandInvestment20DevelopmentProspectsUAE-RussiaBilateralTradeUp68%In202223UAEBeginsFastTrackTalksOverEurasian24EconomicUnionFreeTradeAgreementAbrahamAccordsLeadingToUAE-IsraeIi26InvestmentsUAE-IndiaBilateralTradeUp10%SinceCEPATrade27AgreementSignedSingaporeAsAGatewayToAsiaForUAEBased28BusinessesChina'sEngagementWithTheGulfCooperation31Council:LatestUpdatesUAE-ChinaNon-OilTradeUp78.5%35UAE,SouthKoreaSign23BilateralTrade36AgreementsUKProgressesWith'TradeWins'AsGCCTrade38DealLooksPromisingTax,Investment,andTradeAgreementsBetween83CountriesintheMiddleEastandChinaTheMiddleEast'sTax,Investment,andTrade89AgreementswithHongKongPart 6 IObtainingVisas95ApplyingForA2022/2023VirtualWorkVisa96InTheUAEObtainingWork&ResidenceVisasInTheUAE98Part 7 IIntellectualProperty101UAEIntellectualPropertyLawUpdates102Part 8 CorporateEstablishment105EstablishingACompanyInDubai106EstablishingARepresentativeOfficeInTheUAE108Part 9 Tax111DubaiAndUAEForeignInvestorsMustPrepareFor112NewTaxRulesEffectiveJune1stUAESetsZeroCorporateTaxThresholdAt114US$100,000UAENewTaxRegimeAllowsCorporateLossesTo115BeCarriedForwardAgainstFutureProfitsNon-ResidentsInUAENeedNotRegisterFor116CorporateIncomeTaxApplyingForTaxReliefUndertheUAESMETax117ReliefProgrammeSettingTheSceneDubai,sNationalDevelopmentPlans UAE,sStrong2022EconomicGrowthHighestFor11Years AnIntroductionToDubai,sIndustrialDevelopmentStrategy DubaiIntroducesAMetaverseDisputeArbitrationPlatformUAE,sStrong2022EconomicGrowthHighestFor11YearsOpportunitiesforforeigninvestorstoaccessnewmarketsinaregionpromisinghigherthanglobalaveragegrowthprojectionsandmarketstabilityTheUAEeconomygrewby7.6%for2022,thehighestin11years,drivenbybothoilandnon-oilsectors,accordingtothelatestestimatesbytheUAECentralBank.Therobustgrowthisdrivenbyasharpincreaseinoilrevenue,aswellasanoticeableimprovementintherealnon-oilGDP,theregulatorsaidinitslatestQuarterlyEconomicReview2022.uOveraIIrealGDPcontinuedtogrowatastrongpaceinthethirdquarterof2022,afterarobustincreaseinthefirsthalfoftheyear,"theCentralBanksaidinthereport."Itwasdrivenbyafurtherriseinoilproduction,aswellassignificantimprovementintherealnon-oilGDP."However,theUAECentralBankhasreviseditsoutputgrowthfor2023asOpecanditsalliesdecidedtocutoilproductionstartinginNovemberamidenomicheadwinds.Thecountry'seconomyisprojectedtogrow3.9%nextyear,downfromthe4.2%forecastinthepreviousreport.SlightlyDifferingForecastsAccordingtotheInternationalMonetaryFund,theUAEissettogrowmorethan6%,accordingtotheEmiratesNBDforecasts.TheFirstAbuDhabiBankprojectsa6.7%expansionandAbuDhabiCommercialBankestimatesgrowthof6.5%tlThereareincreasedchancesforgrowthbeingstrongerin2022duetomainlybetter-than-expectedperformanceinsomeofthenon-oilsectorssuchastourismandhospitality,realestate,transportationandmanufacturing,"theCentralBanksaid.Dubaihosted11.4millionovernightinternationalvisitorsinthefirst10monthsoftheyear,up134%fromthesameperiodin2021,andisclosetoreturningtopre-pandemiclevels,accordingtothelatestdatafromtheDepartmentofEconomyandTourism.ForeignTradeTheUAE'sforeigntradeisexpectedtoreachDh2.2trillion(US$599.4billion)bytheendof2022asthecountry'seconomyprovestobeanexception.TheEmirates,whichrecordedaforeigntradevolumeofDh1.9trillionattheendof2021,expects15%growththisyear,asignificantincreasecomparedwiththeWorldTradeOrganisation's3.5%growthexpectationforglobaltrade,anattractivedriverforinvestorsintotheregion.RealEstatePropertytransactionsalsocontinuedtoriseinthecountryamidarecoveryinthepropertysector.Off-planandsecondarypropertysalesinDubaireacheda12-yearhighinthethirdquarter,bothintermsofvolumeandvalue,areportbyPropertyFindersaid.Atotalof25,456salestransactionsworthDh69.72billionwererecordedinthequarter,markinganincreaseofabout62%intermsofvolumeandmorethan65%invalue,comparedwiththethirdquarterof2021.AbuDhabi,spropertymarketrecorded4,441transactionsamountingtoUS$5.7billioninthethirdquarter,accordingtotheDepartmentofMunicipalitiesandTransport.ManufacturingBoomTheUAEisalsoboostingitsmanufacturingsector.Itplanstomorethandoublethentributionoftheindustrialsectortothecountry,seconomytoDh300billionby2031.EnergyTheUAE,soilproductioninthethirdquarteraveraged3.17millionbarrelsperdaywhiletheuntry,shydrocarbonGDPisestimatedtohavegrown13%annuallyduringtheperiod,datafromtheCentralBankshowed.OilGDPisprojectedtogrowby11%and3%in2022and2023,respectively,withperformanceinbothyearsdependingonthe"evolutionoftheRussia-Ukraineconflict,potentialglobaleconomicslowdown,furtherOpec+decisionstochangeproductionlevels,potentialreductioninoutputbysomeoftheotherOpecmembers,andfurtherpostCovidrecovery",theCentralBanksaid.Startinglastmonth,Opecanditsallies,includingRussia,agreedtocutproductionby2millionbpdamiddemandconcernsasglobaleconomiesslowdownonaccountofrisinginterestratesandtheUkrainecrisis.Non-EnergySectoralGrowthFor2022and2023,theCentralBankprojectsthatthecountry'snon-oilsectorwillexpand6.1%and4.2%respectively,onthebackoftheeasingofpandemic-relatedrestrictions,recoveryinglobaltravelandtourismandboomingrealestateandconstructionsectors,itsaid.Alongwiththeoilpriceboost,increasedgovernmentandprivatesectorspendingisdrivingGDPgrowth,theCentralBanksaid.Giventherallyinoilandgaspricesandtheexpectedincreaseinproduction,2022haswitnessedhighergovernmentrevenue,boostingpublicspendingfurther.Revenue&ExpenditureGovernmentrevenueincreasedinthefirsthalfof2022by46.7percentonayearlybasistoDh305.6billionduetoanincreaseintaxesandsocialcontributions.Ontheexpenditureside,currentspendingroseby6.1percentyearlyinthefirsthalfof2022toDh180.1billioncomparedto5percentduringthesameperiodofthepreviousyear.TheCentralbankalsoreviseditsprojectionfortheUAEheadlineinflationdownwardsto4.9percentfactoringthelatestdevelopmentsinoilprices,withtheregulatorforecastingaverageBrentpricestobearound$102abarrelin2022,lessthanpreviouslyexpected,inadditiontoamoderationinfoodprices,comparedtoaquarterago.CONTACTDezan Shira & Associatesmaintain an office inDubai and advise foreigninvestors into the region.For assistance pleasecontact Maria Kotova atdubaiOveralltheconditionsbodewellforforeigninvestorsintotheUAEasregionalgrowthelsewherecoupledwithmarketstabilitymaketheUAEanattractivepropositionforglobalinvestorsseekinghigherthanglobalaveragereturnsandaccesstonewgrowthconsumermarkets.AnIntroductionToDubai,sIndustrialDevelopmentStrategyDubaiisscalingupeffortstotransformitselfintoaglobalindustrialandmanufacturinghubandattractmajorinvestmentsacrosskeysectorssuchasaerospace,pharmaandmedicalequipment,andmore.ThisisconsistentwiththeDubaiIndustrialStrategywhichprojectsanadditionalUS$5billioninitsindustrialsectorgrowthby2030.Inthepast10years,thentributionofDubai'sindustrialsectortoitsGDPhasbeenaround11-14%,makingitthethirdlargestsector,aftertradeandlogistics.Ithascontinuedtodemonstratesolidgrowthevenduringtimesofglobalcrisis,buoyedbyarangeofstrategicgovernmentinitiativesandprograms,suchastheDubaiIndustrialStrategy,tobsttheglobalcompetitivenessofthesectorandattractforeigninvestments.HisHighnessSheikhMohammedBinRashidAlMaktoum1theDubaiPrimeMinister,hassaid"TheDubaiIndustrialStrategyaimstoleverageouradvancedinfrastructure,enablinganenvironmenttotransformtheUAEintoaglobalplatformforinnovativeindustriesandadestinationofchoiceforinternationalcompaniesseekinganintegratedandfavorableenvironmentforgrowthandsustainability."GlobalcompanieshavebuiltmanufacturingfacilitiesandresearchanddevelopmentcentersinDubai-amovethatisinlinewiththeEmirate,sindustrialstrategytoboost'MakeinUAE,productioninkeysectors,includingpharmaceuticalsandmedicalproducts.ManyoftheseareattractedtoDubaiIndustrialCity,aFreeTradeZoneintheEmirate.SaudAbuAlshawareb,ExecutiveVicePresident,ManagingDirectorofDubaiIndustrialCity,explainsthatAsoneoftheregion'slargestindustrialhubs,DubaiIndustrialCitytakesprideinprovidingaplatformwherebusinessesfromaroundtheworldcanexpandandbenefitfromafavorablebusinessclimate,world-classinfrastructure,andunrivalledconnectivity.OurcommunityishometogiantslikeAlBarakahDates,StandardCarpets,andAnorkaFoodIndustriesandOSEIndustries,allofwhichareexportingacrosstheregionandtotheUS,Europe,Africa,andAustralia?Establishedin2004,DubaiIndustrialCityishometomorethan750businessesandhundredsofadvancedfactoriesusingfourthindustrialrevolutiontechnologiestomakeeverythingfromcarpartstocoffee.Itseaseofdoingbusiness,advancedinfrastructure,logisticsnetwork,availabilityofrawandpackagingmaterials,andaccesstospecializedtalenthavecementedDubai'spositionasapreferredmanufacturing,industrial,andR&Dhub.Asaresult,someoftheworld'slargestcompanieshavenowchosenDubaitoexpandtheirreachandimpact,reflectingthevastopportunitiesintheregionthattheemirateoffersaccessto.TheDubaiIndustrialStrategy2030,whichwaslaunchedinJune2016withthegoalofelevatingtheEmiratesintoaglobalplatformforknowledge-based,sustaina