The United Arab Emirates Geography, Economy, and Culture

The United Arab Emirates (UAE) comprises a federation of seven states, which has developed into one of the Middle East’s most significant economic centers with high living standards. The United Arab Emirates has an open economy with a GDP of US$382.6 billion in 2017. UAE’s free trade zone offering 100% international ownership and zero taxes have also contributed to attracting global investors to its economy.

With a current total population of 6,072,475, UAE has several ethnic groups: Emirati, South Asian, Egyptian, and the Philippines, with many spoken languages including Arabic (official language), Persian, Hindi, English, and Urdu. Islam is the official religion accounting for 76% of the population, with Christianity and others accounting for the rest. The UAE is considered politically stable and is projected to continue to grow economically.

2021
May 11Eid al-Fitr Holiday 1
May 12Eid al-Fitr Holiday 2
May 13Eid al-Fitr
May 14Eid al-Fitr Holiday 3
May 15Eid al-Fitr Holiday 4
July 19Arafat (Hajj) Day
July 20Eid al-Adha (Feast of Sacrifice)
July 21Eid al-Adha Holiday
July 22Eid al-Adha Holiday
August 10Al-Hijra (Islamic New Year)
October 21Mouloud
December 1Commemoration Day
December 2National Day
December 3National Day Holiday
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: 0%
  • Income Tax (Lowest Marginal Rate): 0%
  • Income Tax (Highest Marginal Rate): 0%
  • VAT/GST/Sales Tax: 5%
  • National Bank of Abu Dhabi (Local Bank)
  • Abu Dhabi Commercial Bank (Local Bank)
  • Arab Bank (Local Bank)
  • Union National Bank (Local Bank)
  • Commercial Bank of Dubai (Local Bank)
  • Dubai Islamic Bank (Local Bank)
  • Emirates NBD Bank (Local Bank)
  • Emirates Islamic Bank (Local Bank)
  • Mashreq Bank (Local Bank)
  • Sharjah Islamic Bank (Local Bank)
  • Bank of Sharjah (Local Bank)
  • United Arab Bank (Local Bank)
  • InvestBank (Local Bank)
  • The National Bank of R.A.K (Local Bank)
  • Commercial Bank Internationa (Local Bank)
  • National Bank of Fujairah (Local Bank)
  • National Bank of U.A.Q (Local Bank)
  • First Gulf Bank (Local Bank)
  • Abu Dhabi Islamic Bank (Local Bank)
  • Dubai Bank (Local Bank)
  • Noor Islamic Bank (Local Bank)
  • Al Hilal Bank (Local Bank)
  • Ajman Bank (Local Bank)
  • ABN Amro Bank NV (Commercial Bank)
  • Abu Dhabi Commercial Bank (Commercial Bank)
  • Abu Dhabi Islamic Bank (Commercial Bank)
  • Al Ahli Bank of Kuwait (Commercial Bank)
  • Al Rafidain Bank (Commercial Bank)
  • Al Hilal Bank (Commercial Bank)
  • Arab African International Bank (Commercial Bank)
  • Arab Bank For Investment And Foreign Trade (Commercial Bank)
  • Arab Bank PLC (Commercial Bank)
  • Bank Melli Iran (Commercial Bank)
  • Bank of Baroda (Commercial Bank)
  • Bank of Sharjah (Commercial Bank)
  • Bank Saderat Iran (Commercial Bank)
  • Blom Bank France SA (Commercial Bank)
  • Banque Du Caire (Commercial Bank)
  • Calyon Bank (Commercial Bank)
  • Al Khaliji France (Commercial Bank)
  • BNP Paribas Bank (Commercial Bank)
  • HSBC Bank Middle East (Commercial Bank)
  • CitiBank NA (Commercial Bank)
  • Commercial Bank International (Commercial Bank)
  • Commercial Bank of Dubai (Commercial Bank)
  • Dubai Islamic Bank (Commercial Bank)
  • Dubai Bank PJSC (Commercial Bank)
  • El Nilein Bank (Commercial Bank)
  • Emirates NBD (Commercial Bank)
  • Emirates Islamic Bank (Commercial Bank)
  • First Gulf Bank (Commercial Bank)
  • Habib Bank Limited (Commercial Bank)
  • Habib Bank AG Zurich (Commercial Bank)
  • Invest Bank (Commercial Bank)
  • Janata Bank (Commercial Bank)
  • Lloyds Bank TSB (Commercial Bank)
  • Mashreq Bank (Commercial Bank)
  • National Bank of Abu Dhabi (Commercial Bank)
  • National Bank of Bahrain (Commercial Bank)
  • National Bank of Fujairah (Commercial Bank)
  • National Bank of Oman (Commercial Bank)
  • National Bank of RAK (Commercial Bank)
  • National Bank of UAQ (Commercial Bank)
  • Noor Islamic Bank PJSC (Commercial Bank)
  • Sharjah Islamic Bank (Commercial Bank)
  • Standard Chartered Bank (Commercial Bank)
  • Union National Bank (Commercial Bank)
  • United Arab Bank (Commercial Bank)
  • United Bank Limited (Commercial Bank)
  • National Bank of Bahrain (Foreign Bank)
  • Rafidain Bank (Foreign Bank)
  • Arab Bank PLC (Foreign Bank)
  • Banque Misr (Foreign Bank)
  • El Nilein Bank (Foreign Bank)
  • National Bank of Oman S.A.O.G (Foreign Bank)
  • Credit Agricole – Corporate and Investment Bank (Foreign Bank)
  • Bank of Baroda (Foreign Bank)
  • BNP Paribas (Foreign Bank)
  • Janata Bank Limited (Foreign Bank)
  • HSBC Bank Middle East Limited (Foreign Bank)
  • Arab African International Bank (Foreign Bank)
  • Al Khaliji (France) S. A. (Foreign Bank)
  • Al Ahli Bank of Kuwait (Foreign Bank)
  • Barclays Bank PLC (Foreign Bank)
  • Habib Bank Ltd. (Foreign Bank)
  • Habib Bank A.G Zurich (Foreign Bank)
  • Standard Chartered Bank (Foreign Bank)
  • CitiBank N.A (Foreign Bank)
  • Bank Saderat Iran (Foreign Bank)
  • Bank Meli Iran (Foreign Bank)
  • Blom Bank France (Foreign Bank)
  • Lloyds TSB Bank PLC (Foreign Bank)
  • The Royal Bank of Scotland plc (Foreign Bank)
  • United Bank Ltd (Foreign Bank)
  • Doha Bank (Foreign Bank)
  • Samba Financial Group (Foreign Bank)
  • National Bank of Kuwait (Foreign Bank)
  • Emirates NBD (Private Bank)
  • National Bank of Abu Dhabi (Private Bank)
  • Abu Dhabi Commercial Bank (Private Bank)
  • First Gulf Bank (Private Bank)
  • Dubai Islamic Bank (Private Bank)

Aadmi can support you with your expansion to United Arab Emirates. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

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