A recruitment firm founder explains why basing operations in Dubai lets you serve global markets while paying minimal taxes. Getting licenses to operate directly in the U.S., Europe, or Asia costs millions per region. Instead, run contract books for all of them from Dubai through regional desks.
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But if I was to do it again, I would serve a global market having UAE as my base. I think the cheat code with the UAE is to use advantage of the tax, you know, the tax, the huge tax advantages you've got operating there, but to serve a global market. And because you're always going to be limited as a recruitment business by the fact you can't, you know, to open up, to get a contract license out there, a manpower license, you're looking at a 7-figure USD investment. Right. The investment that you've got into there is just, it's sizable and you can run contract books from the UAE into other markets. You can run an incredibly tax efficient business out of the UAE. I would, I would have a US desk, a Europe desk, an Asia desk, Australia desk, and a Middle East desk with Dubai as my HQ and get teams running different time zones from there. And you can milk all the tax advantages coming out of it and have a very, very lovely life.