Introduction: Move Your Business from the Philippines to Dubai
The United Arab Emirates (UAE), particularly Dubai, has emerged as a global business hub, attracting entrepreneurs from across the world, including the Philippines. With its tax-free policies, robust infrastructure, and strategic location, Dubai offers unparalleled advantages for businesses seeking to expand or relocate. Moving your business from the Philippines to Dubai can help you access international markets, reduce operational costs, and leverage the emirate’s world-class facilities. As a Filipino entrepreneur, understanding the cost of business licenses in Dubai, available company structures, and the overall business environment is essential to a successful transition. Whether you’re planning to start a profitable company in Dubai or scale an existing venture, the process involves multiple steps and strategic decisions.
Table of Contents
ToggleRead Post: How to Setup Business in UAE?
In this blog, we explore why you should consider relocating your Philippine business to Dubai, the benefits, costs, and steps involved, and how Infibiz, the best business setup company in Dubai, can simplify the process.
Why Move Your Business from the Philippines to Dubai?
Relocating your business from the Philippines to Dubai can open up a world of opportunities. Dubai’s dynamic economy, pro-business environment, and strategic location make it a preferred choice for entrepreneurs worldwide. Here are compelling reasons to consider moving your business from the Philippines to Dubai:
1. Tax-Free Business Environment
One of the most significant advantages of relocating your Philippine business to Dubai is its tax-free regime.
- Corporate Tax: Enjoy 0% corporate tax for most business activities, compared to up to 30% in the Philippines.
- Personal Income Tax: Dubai does not impose personal income tax, allowing entrepreneurs to retain more profits.
- Profit Repatriation: Business owners can repatriate 100% of their profits and capital without restrictions.
Read Post: Top 24 Successful Business Ideas in Dubai for 2024
2. Strategic Location for Global Trade
Dubai’s strategic position between Europe, Asia, and Africa makes it a global trading hub.
- Access to over 2.5 billion consumers within a 4-hour flight.
- Proximity to major markets in the Middle East, Asia, and Europe.
- World-class infrastructure, including ports, airports, and logistics facilities, to support global trade.
3. 100% Foreign Ownership in Free Zones
Unlike the Philippines, where foreign ownership is limited to 40%, Dubai offers 100% foreign ownership in its free zones.
- Ideal for businesses that cater to global markets.
- Full control over business operations and profits.
- Additional benefits like tax exemptions and simplified regulations.
4. Diverse Business Opportunities
Dubai’s thriving economy presents opportunities across various sectors, making it an excellent destination for starting a profitable company. Key industries include:
- Trading and Logistics
- Technology and Innovation
- Hospitality and Tourism
- Creative Services
5. Streamlined Business Setup Process
The UAE government has simplified the process of business setup in Dubai for Filipinos, ensuring efficiency and transparency.
- Business licenses can be obtained within days.
- Multiple licensing options, including mainland, free zone, and offshore setups.
- Access to a supportive ecosystem with government initiatives to foster growth.
Read Post: Business Setup Costs in Dubai for 2024-25
6. Access to Skilled Workforce
Dubai has a large Filipino community and access to a skilled workforce from around the world.
- Benefit from hiring experienced professionals familiar with your business culture.
- Tap into a global talent pool for specialized roles.
7. Competitive Costs and High ROI
While costs of business licenses in Dubai vary, the benefits often outweigh the expenses:
- Low-cost business setup options in free zones.
- Tax savings and streamlined operations contribute to higher returns on investment.
8. Enhanced Quality of Life
Dubai offers an unmatched lifestyle for business owners and their families:
- Modern infrastructure and world-class healthcare.
- Diverse cultural experiences and safety.
- Exceptional education facilities for dependents.
Relocating your Philippine business to Dubai is not just about tax benefits; it’s about accessing a global market, streamlining operations, and scaling your business. With Dubai’s forward-thinking policies and robust infrastructure, it’s the ideal destination for ambitious entrepreneurs looking to grow and thrive.
Read Post: Business Setup in Dubai for British Nationals
Comparing Business Setup in the Philippines vs Dubai
Relocating your business from the Philippines to Dubai can significantly enhance growth opportunities. Below is a detailed comparison of the business setup in the Philippines vs Dubai, highlighting the differences in taxation, ownership, licensing, and operational benefits.
Key Differences Between Business Setup in the Philippines and Dubai
Aspect | Philippines | Dubai |
---|---|---|
Corporate Tax | Up to 30% on corporate profits | 0% for most business activities in free zones and mainland |
Personal Income Tax | Progressive tax rates up to 35% | 0% personal income tax |
Foreign Ownership | Restricted to 40% in most industries | 100% foreign ownership in free zones |
Ease of Setup | Lengthy and complex registration process with multiple regulatory requirements | Simplified and fast process with licenses issued in as little as 2–5 working days |
Market Accessibility | Primarily local market with limited global access | Access to global markets via world-class infrastructure and strategic geographic location |
Cost of Business Setup | Generally lower initial costs but higher ongoing expenses due to taxes | Competitive licensing options; lower ongoing expenses due to tax-free policies |
Tax Incentives | Limited tax incentives for businesses | Numerous tax exemptions in free zones |
Skilled Workforce | Limited to the local talent pool | Access to a global talent pool, including professionals from the Philippines and other nations |
Quality of Life | Standard infrastructure and limited international exposure | High-quality infrastructure, safety, and a cosmopolitan lifestyle |
Read Post: How to Get a Freelance Visa in Dubai
Analysis of Business Setup Differences
- Taxation
The Philippines imposes higher corporate and personal income taxes, which significantly reduce net profits. In contrast, Dubai’s tax-free policies make it an attractive destination for businesses seeking higher profitability. - Foreign Ownership
In the Philippines, foreign ownership is capped at 40% for many industries, limiting control for foreign entrepreneurs. However, Dubai offers 100% foreign ownership, especially in its free zones, granting complete operational and financial autonomy. - Ease of Setup
Establishing a business in the Philippines involves navigating complex regulations and longer processing times. In Dubai, the process is highly streamlined, ensuring businesses can be operational within days. - Market and Opportunities
The Philippines caters to a local market, whereas Dubai acts as a global trading hub with access to Middle Eastern, Asian, and African markets, providing a broader customer base. - Lifestyle and Growth
Dubai’s superior infrastructure, safety, and lifestyle appeal to professionals and business owners alike, while its policies actively encourage foreign investment.
Why Choose Dubai Over the Philippines?
By moving your business from the Philippines to Dubai, you gain access to a global market, simplified business regulations, and unparalleled tax benefits. The comparison underscores why relocating your Philippine business to Dubai is a strategic decision for entrepreneurs aiming for growth and sustainability.
Mainland vs Freezone Company Setup in UAE: Cost Comparison
Costs of Business Licenses in Dubai
When planning to move your business from the Philippines to Dubai, understanding the costs of obtaining a business license is essential. Dubai offers a variety of licensing options tailored to different business needs, ranging from mainland licenses to free zone licenses. Below, we break down the costs and benefits of these licenses to help you make an informed decision.
Mainland License Costs in Dubai
Mainland licenses enable businesses to operate across Dubai and the entire UAE, offering direct access to the local market and customers.
License Type | Starting Cost (AED) | Description |
---|---|---|
Professional License | AED 10,405 | For service-oriented businesses like consulting, accounting, and marketing. |
Commercial License | AED 14,905 | Ideal for trading activities, retail operations, and general commercial businesses. |
Industrial License | AED 25,000 | Designed for manufacturing and production companies. |
Read Post: Company Setup in IFZA Free Zone, Dubai
Advantages of Mainland Licenses:
- Flexibility to operate anywhere in the UAE.
- Ability to trade directly with the local market.
- Access to government and semi-government contracts.
Free Zone License Costs in Dubai
Free zone licenses are perfect for international businesses that don’t require direct access to the local UAE market. These licenses offer attractive incentives like 100% foreign ownership and tax exemptions.
Free Zone | License Cost (AED) | Description |
---|---|---|
SRTIP | AED 5,500 | For technology-driven and innovation-focused businesses. |
SHAMS | AED 5,750 | Ideal for businesses in media, creative industries, and digital marketing. |
SPC | AED 5,750 | Perfect for startups across diverse industries. |
RAKEZ | AED 6,000 | Known for cost-effective and flexible packages for small and medium businesses. |
Meydan | AED 12,500 | Premium free zone catering to entrepreneurs and established companies. |
IFZA | AED 12,900 | Offers simplified procedures and comprehensive business activity options. |
Calculate your business setup cost.
Advantages of Free Zone Licenses:
- Full foreign ownership.
- 0% corporate and income tax.
- No import/export duties for international trade.
Factors Influencing License Costs
- Nature of Business Activity: Professional licenses are generally more affordable than industrial or commercial ones.
- Business Location: Costs differ significantly between free zones and mainland operations.
- Visa Requirements: Additional costs apply depending on the number of visas your company requires.
By understanding these licensing costs, entrepreneurs relocating their Philippine business to Dubai can choose the best license based on their operational needs and budget. Whether you aim for market flexibility with a mainland license or global trade advantages through a free zone license, Dubai offers tailored solutions to fit every business model.
Read Post: Obtaining a Project Management License in Dubai and Its Costs
Steps to Move Your Business from the Philippines to Dubai
Relocating a business from the Philippines to Dubai can open doors to global opportunities, tax advantages, and a strategic location for international trade. Follow these steps to ensure a smooth transition and successful business setup in Dubai:
1. Assess Your Business Needs
Evaluate your business model to determine the best license type and location.
- Mainland License: Ideal for businesses requiring access to the UAE market.
- Free Zone License: Best for businesses focused on global markets with tax benefits.
- Analyze your industry, target audience, and long-term goals before proceeding.
Read Post: Costs and Types of Licenses for Mainland Business Setup in Dubai
2. Choose the Right Business Structure
Decide on the legal structure of your company:
- Sole Proprietorship: Perfect for service-based businesses.
- LLC (Limited Liability Company): Offers flexibility and allows trading across the UAE.
- Branch Office: Suitable for established businesses looking to expand.
3. Select a Business Location
- Mainland: For businesses requiring complete market access and local trading.
- Free Zones: For 100% foreign ownership and cost-effective operations.
- Choose strategically based on your business’s operational requirements.
4. Obtain a Business License
Work with Dubai’s Department of Economic Development (DED) or relevant free zone authorities to secure your license.
- Provide necessary documents such as passport copies, business plans, and lease agreements.
- Ensure all legal requirements are met to avoid delays.
5. Open a Corporate Bank Account
Choose a reputable UAE bank to handle your company’s financial transactions.
- Prepare documents such as trade licenses, company formation papers, and shareholder details.
- Comply with UAE banking regulations to facilitate smooth transactions.
6. Hire Local and Expat Employees
- Secure work visas and labor cards for employees.
- Adhere to UAE labor laws, ensuring compliance with contract and benefits regulations.
- Set up a payroll system aligned with the UAE Wage Protection System (WPS).
7. Relocate Equipment and Assets
- Work with a logistics company to transport your business assets safely.
- Ensure compliance with UAE customs regulations for importing goods.
8. Market Your Business in Dubai
Leverage digital marketing strategies, networking events, and Dubai’s trade expos to establish your brand.
- Focus on building relationships within the local and international business community.
By following these steps, you can efficiently move your business from the Philippines to Dubai and take advantage of Dubai’s thriving economy, tax incentives, and global reach. With the right planning and execution, Dubai can serve as the ideal hub for your business expansion.
Conclusion
Relocating your business from the Philippines to Dubai presents an unparalleled opportunity to thrive in one of the world’s most dynamic business hubs. Dubai offers numerous advantages, such as strategic global connectivity, tax exemptions, and a business-friendly environment. By moving your business, you can tap into a growing economy with access to international markets while enjoying streamlined operations, world-class infrastructure, and a robust legal framework.
Whether you aim to operate locally with a mainland license or globally with a free zone license, Dubai provides a variety of options to suit your business needs. With its visionary leadership and commitment to innovation, Dubai is the perfect destination for Filipino entrepreneurs seeking growth and profitability. Take the leap today to enjoy the benefits of low-cost business setup in Dubai and establish a profitable company in Dubai with ease.
How Infibiz Can Help You
Infibiz is your trusted partner in navigating the complexities of business relocation. With years of expertise in business setup in Dubai, Infibiz offers end-to-end support tailored to Filipino entrepreneurs. We assist with securing the cheapest business license in Dubai, handling documentation, and ensuring compliance with legal and regulatory requirements. Our dedicated team simplifies the process of registering a company in Dubai from the Philippines, providing solutions for mainland and free zone business setups. From selecting the right license type to opening corporate bank accounts and arranging visas, Infibiz ensures a hassle-free transition for your business.
Book Free Consultation with Infibiz’s Experts.
Choose Infibiz to experience a seamless relocation process, leveraging our expertise to move your business from the Philippines to Dubai. Let us help you unlock Dubai’s immense potential and turn your vision into a thriving reality.