BRICS has invited the UAE to join it in their 3-day summit in August 2023. The UAE’s foreign minister has accepted their invitation warmly by taking it on X formerly known as Twitter. BRICS is an acronym for Brazil, Russia, India, China, and South Africa. BRICS was first made in 2009 to cope with the economic challenges faced after the market crash, to the fast-growing countries in Asia, Africa, and South America.

In 2023 the members of BRICS gathered in South Africa and discussed about the inclusion of further developed countries. They have invited Saudi Arabia, Iran, Egypt, Ethiopia, Argentina, and the United Arab Emirates. All of these countries will be a part of BRICS by 1st January 2024.

BRICS ensures that its member countries work interdependently for business creation, job opportunities, trading, and expatriation for entrepreneurship.

Let’s dig further into the purpose of BRICS and the significance of UAE for it.

What is the purpose of BRICS?

The purpose of BRICS is to collaborate with developing countries on a global playing field to improve foreign trading, economy, food, climate, peace, finance, and technology. The total GDP of BRICS members in 2022 was 26.03 trillion U.S. dollars, according to statista

 BRICS account for 42% of the world’s population, providing 20% of global GDP in 2022. Their purpose is to diminish the unemployment rate in their countries. They have succeeded in reducing their unemployment rate to 4.8% in 2022, which is expected to decrease further to 4.7% in 2023 (Source)

BRICS is also having a hot discussion to introduce their reserve currency backed by metal, other than USD, to trade with member countries.  It will increase the chances of local business creation through trading, communication, technology, and expatriation.

Significance of UAE for BRICS

UAE has a strong geopolitical position in the Middle East and has fair trading with China, India, Saudi Arabia, and Turkey. It plays its part well by establishing mutual relations with every country. That’s why multi-cultured people move to UAE for business creation, Education, JOBS, and tourism.

 

UAE is known for its oil wells and hydrocarbon exports in the world. However, they are shifting from oil-based dependency to non-oil (finance, business, and technology-based sector) trade for economic growth. They provided $607.1 billion in foreign trade in 2022, which accounts for roughly a 7.9% increment in GDP based on non-oil product trading.

UAE has contributed 3.37% billion dollars of aid to developing countries in 2019. It is a golden chance for countries like Iran, which has sanctions imposed by the USA, to have on board the  UAE for investment, trading, and business creation in their region.

Why you should expatriate in UAE for business creation?

 

Tax-free Businesses

UAE doesn’t impose personal income tax, corporate tax, capital tax, withholding tax, and profits tax on your business in contrast to other costly countries like the United States. This trait makes the UAE an ideal destination to start any business. You don’t have to send away your hard-earned money in taxes rather your whole focus would be on better business creation

Residency Permits

You can get a residency visa in UAE, you can also sponsor your family, helpers, or expatriates. You can have a residence as long as you want. If you don’t have any clue how to get a residence visa, you just have to contact our UAE visa company. We will provide a whole package, you would not have to do anything. We will get your business company, residency, Visa, ID, and medical settlement.

You can also open your business account and reside for 5-10 years by availing this visa.

Business Hub

The economy of UAE is growing each day which is evident when you see offices of Microsoft, Sony, HP, Nokia, and BBC there. Many developed countries like America, London, and India have opened their university campuses in the UAE to ensure quality education for the inhabitants of the UAE.

It provides many opportunities for business start-ups, in the 14th happiest country of the world.

Safety and Security

UAE is considered one of the safest places in the world when it is related to crime and robbery. Nobody is above the rule of law, all citizens abide by the laws imposed by the state.

 It’s the political stability and peace that have attracted many investors for business creation around the world. About 90% of UAE’s population is expatriates who have come after seeing the safe environment of UAE, which is crucial for any business to flourish.

Infrastructure

UAE ranked 1st in the region for its innovative infrastructure and positioned 25th globally. It is known for its tall buildings, wide roads, bridges, skilled markets, advanced health care, skilled labor market, financial system, business dynamic, institutions, and innovation capacities for economic development.

All these features make UAE an ideal destination to move and start your business because the sky is the only limit in UAE.

Purpose of our company move to UAE

Our purpose is to make entrepreneurs, expatriates, businesses, and skilled people land smoothly in the land of the UAE. We will take care of all your legal work from getting your visa to initiating business creation for you.

 Getting your business visa yourself needs a lot of hustle if you are not consulting with a visa company. You have to prepare yourself to grind from a selection of business companies, legal documentation, business location, residence, and bank accounts.

All these steps will become flexible if you choose our company, which has a 100% success rate in providing business visas for the UAE.

We have a team of highly skilled people working tirelessly to serve our potential clients. We have successfully landed over 1500 clients in the business sector of the UAE in the last 15 years.

Detailed work process which our company would do for you

 

You just have to select one of our packages by reaching out to us, the rest of the work as mentioned below will be conducted by us.

• Selection of your business company and its activity.
• Form filling to apply for UAE’s business visa
• We would require your legal documents and passport which should be valid for another 6 months.
• Selection of jurisdiction for your business company in the mainland, free zone, or offshore. In the case of free zone jurisdiction, you will have 100% charge of your business, while mainland jurisdiction requires a sponsor which we will provide for you.
• In the case of offshore jurisdiction, you can work anywhere internationally.
• You will get your commercial license/ business visa after the approval of your documents.
• For business activities, you will need a bank account, and for that, you have to get a residence visa. We will do that for you. You just have to come in person in UAE for biometric and medical tests. After the smooth approval of your identity, we will get an Emirate ID for you. You will be able to sponsor your spouse and children in UAE with your emirate ID.
• After getting your Emirate ID we will open a business or personal bank account for you. You would have access to multiple international currencies like USD, pound, euro, and Derham.
• You are all ready to start your business company in UAE.

 

List of the packages which our company offers;

 

 Whether you’re an entrepreneur or a resident, our packs are your ticket for a successful transition. Explore, choose, and realize your dream in the United Arab Emirates.

Our services contain getting you:

• Commercial license
• Residence visa
• Emirate ID
• Medical Test
• Transportation services
• Business and Personal bank account
• Company Stamp

Standard pack:

This package costs 2000 € / AED 8000, you will get a commercial license for your business. This package doesn’t offer other services as mentioned above.

Bronze pack:

This package costs 4000 € / AED 16500, you will get a residence visa along with your business visa. You will also have access to Emirate ID and medical tests.

Silver Pack:

This package costs 4500 € / AED 18500, you will get an additional facility of transportation along with other services mentioned previously.

Gold pack:

This package costs 5500 € / AED 22500. You will get a package of Commercial license, Residence visa, Emirate ID card, Medical test, Transportation services, Business bank account to run transactions for your business, and an Official stamp for your business company

This visa lasts for 5-10 years, it doesn’t expire even if you stay out of the UAE during this period. You can also sponsor your family with this visa by paying extra charges.

Platinum Pack

It costs about  6500 € / AED 26500. You get access to two bank accounts; a business bank account and a personal bank account. Other services are the same as mentioned in the gold pack.

You can also sponsor your family with a residence visa through your Emirate ID by paying an extra Form 1500 € / AED 6000. It would be a stress-free start to your new life and business with your family in the UAE. You can also keep helpers in your residence using your residence visa.

Visit our website (moveto.uae.com)[ https://moveto-uae.com/privacy-policy/]  for further information.