The "HMS" project is a chance for expansion for small and medium-sized companies that are eager to seize the opportunities offered by a fast developing market which imports different kinds of goods and services from all over the world.
We make the process crystal clear ironing every wrinkle so you know what's happening at all times.
We aim to build long beneficial relationships with our clients to ensure success at all times.
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We will be reachable at all times during the whole process so you know you have a good companion.
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Allowing small and medium-sized companies to settle permanently in the UAE, choosing Dubai as strategical base or as a starting point, by sharing a project of market penetration in order to promote and sell their products in a cost-effective way in the MENASA region (Middle East - North Africa - South Asia).
Crafting an adequate environment for business to grow without unexpected obstacles along the way. HMS brings the expertise to the table to fulfill business owners original vision and mission of the company while establishing in the powerful city of Dubai, United Arab Emirates.
The country is a sort of entry gate to a market that can be defined as:
Wide: it relies upon well-defined and long-established trade links with the populations of the neighbouring Gulf Countries, the Middle East, the Far East, the Mediterranean region, the CIS, Central Asia, Africa and the Asian subcontinent;
Growing: the entire international trade in Dubai has grown over 11% per year since 1988 on average;
Prosperous: Dubai’s local economy is strategically located in the middle of one of the richest regions in the world, which hosts extraordinary energy and primary aluminium resources;
Varied: importing various and highly requested materials creates a lot of opportunities for the suppliers of such products and re-export freights;
Accessible: over 120 routes and transport connections through 85 airlines are available, for a total of more than 130 destinations around the world;
Open: there are no controls on trading activities nor trade barriers or quotas.
Dubai is member of the UAE, a politically, economically and financially steady country with a low crime rate. Its government has always guaranteed and promoted the growth of business by means of economic policies which include the protection of intellectual property rights.
Dubai’s economy has always been open and free in order to attract investors and businesses. Governmental controls and regulation activities in the private sector are kept to a minimum level. There is no direct taxation on corporate profits or personal income (except for oil companies that pay a flat rate of 55% and branches of foreign banks that pay a flat rate of 20% on the net profit generated in Dubai ).
Moreover, custom duties are kept at a minimum rate of 4% (with many exemptions), 100% of the repatriation of capitals and profits is allowed and there are no controls on foreign trade, trade quotas or customs; there is a fixed exchange rate between USD and UAE Dirham. Liberal policies on visas allow entrance and exit to various expertise levels from almost all over the world.
Dubai’s policy of investing in transport, telecommunications, energy and industrial facilities has guaranteed the country the best equipments in the world to create such infrastructures. These top-class infrastructures are complemented with a sophisticated service sector – a leading industry in the local and international shipment of goods, boasting many transport and insurance companies, it also provides international hotel accommodation, banks and offices for financial services, lawyers, accountants, consultants, advertising agencies, venues for international exhibitions and conferences, high quality offices and residential accommodation, hospitals, schools, shopping centres and top-rate leisure facilities.
International companies based in Dubai can profit from significant cost advantages which are not generally available at an international level.Major contributing factors are:
• no personal income taxes, no corporate taxes (except for oil companies and branches of foreign banks)
• no trade barriers;
• no foreign exchange controls;
• competitive import duties (5% with several exemptions);
• competitive energy costs;
• competitive real-estate costs;
• competitive financial costs and high liquidity levels;
• competitive labour costs (multilingual workforce with various expertise).
Excellent living conditions: the private sector in Dubai has heavily invested in real-estate businesses such as hotels, residential and commercial properties. Moreover, many other different factors have contributed to the high-quality of the typical life in the Emirates and to their superior living conditions.These factors include excellent infrastructures, an extremely low crime rate, a clean environment, tolerance among the different existing cultures, a cosmopolitan life style, a modern public administration and the availability of a wide range of goods and services for consumers.
The local economy has a long trading tradition, a high exposure to international business practices and cutting-edge technologies. Local investors have already achieved success in various sectors thanks to international partnerships, licensing activities, joint ventures, etc...
Dubai boasts an extensive sales network and therefore offers foreign investors a wide range of potential sales in the world and in different freight and service sectors. As a member of the UAE federation, Dubai is also the third largest export and re-export centre in the world after Hong Kong and Singapore.
Important results in the manufacturing sector have already been achieved in the export of aluminium ingots, metal products, clothing and textiles, gold and jewellery, food, electronic products, refined oil, chemicals and non-metal minerals. Currently, state supported trading and the industrial, political and economic sectors seem able to guarantee an expansion of such achievements to other manufacturing sectors.
