Guide d'implantation d'une société belge à Dubaï: aspects réglementaires et fiscaux

Abstract

In the past few years, the United Arab Emirates has been attracting more and more people's interest especially, but not only, thanks to its attractive tax policy. Strategic geographical situation, significant economic development, support to companies and business opportunities... in no time, the country has managed to impose itself as one of the main commercial and tourist poles in the world. In our writing, Dubaï, the "city of opportunities", will be our main interest for its entrepreneurial climate and the reasons mentioned above: the place has everything to attract a Belgian company that wants to establish itself abroad. However, it is essential not to be blinded by the attractive tax policy and to ask ourselves the proper questions about setting up abroad. What are the procedures and regulations for establishing a business abroad? How will the company be taxed? Is the country's tax system as interesting as it seems? Furthermore, it is necessary to consider the reasons for and the impact of the several new regulations: the UAE tax landscape being very dynamic, it is necessary to be prepared for changes and to remain flexible. Also, what will be the tax and non-tax impact on the Belgian parent company, depending on whether it sets up as a subsidiary or a permanent establishment? Which option is the most interesting? Through this paper, although not being an exact science and providing recommendations, we will try to guide a Belgian company wishing to undertake a process of establishment in Dubai, and to provide all the necessary keys in order to face both the current situation, as well as the many upcoming evolutions.