Radu Pertescu

In a context where Europe faces major macroeconomic uncertainties — persistent inflation, rising fiscal pressures, political volatility and slowing growth — entrepreneurs and investors are looking for safe and effective alternatives to protect and develop capital.

Within this framework, Dubai has established itself as one of the most attractive global destinations for setting up companies and opening corporate bank accounts.

Analysis of the European Macroeconomic Context

In recent years, major European economies have experienced:

• Increases in interest ratesimposed by the ECB, affecting lending and investment.

• Increased tax burden, through new capital taxes, additional corporate taxes and accelerated tax reforms.

• Record inflation, reducing purchasing power and tightening the business environment.

• Geopolitical tensions(example: the conflict in Ukraine), increasing economic uncertainty and affecting supply chains.

These factors generate a climate in which carrying out commercial activities becomes increasingly expensive and unpredictable.

Microeconomics in Europe: Direct Pressure on Entrepreneurs

Beyond the macro picture, at the microeconomic level:

• Access to finance for SMEstightened.

• Operational costs(energy, wages, raw materials) have grown exponentially.

• Regulationsare becoming more stringent (especially in terms of sustainability and data protection).

• Bureaucracyremains a major obstacle in many EU states, slowing down the processes of registration, authorisation and taxation of businesses.

Under these conditions, for many entrepreneurs and investors, partial or total relocation of operations to a more friendly environment becomes a strategic choice.

Dubai — Benefits of a Business Friendly Economic Environment

1. Ultra-Competitive Tax Regime

One of the most attractive aspects of opening a company in Dubai is absence of personal income taxesand reduced corporate tax rates.
Even after the implementation of the 9% corporate tax in 2023, this level remains significantly below the European average.

Furthermore, companies established in Free Zones can benefit from:

• Tax exemption for a period of up to 50 years.

• Full repatriation of capital and profits.

2. Exemplary Political and Economic Stability

Dubai, part of the United Arab Emirates, offers a climate of political stability, supported by proactive economic policies and a modern legal system adapted to the international business environment.

This stability is vital for entrepreneurs looking for long-term predictability and security.

3. Access to Global Markets

Opening a company in Dubai comes with the advantage of quick connection to:

• Asia

• Afrika

• Middle East

• Europe

With its advanced logistics infrastructure (ports, airports), Dubai functions as a strategic hub for global trade.

4th. Solid and Modern Banking System

A corporate bank account associated with a company in Dubai offers:

• Access to elite banking(multi-currency accounts, fast international transactions, advanced internet banking).

• High privacyand protection of financial data.

• Flexibilityin the administration of funds and in attracting international financing.

Concrete Benefits of Opening a Company and Bank Account in Dubai

• Tax Optimization

With properly configured legal structures, you can significantly reduce the overall tax burden, maximizing net profit.

• Geographical Diversification of Risk

Keeping funds and operations in a single state (e.g. Romania, Italy, France) puts you at risk. Dubai offers you a second solid financial pillar.

• Increasing International Credibility

A company registered in Dubai and an associated bank account can increase the trust of international business partners, especially in B2B transactions.

• Flexibility in Revenue Management

With multi-currency accounts and easy access to international transfers, you have complete control over cash flows and payments.

Essential Steps For Setting Up a Company and Opening a Bank Account in Dubai

1. Selection of the legal structure: Free Zone Company, Mainland Company or Offshore.

2. Obtaining commercial licenses: Choice of authorized activities.

3. Company registration: Completion of administrative formalities.

4th. Opening a corporate bank account: Choosing the right bank, preparing the necessary documents (business plan, passports, evidence of the source of funds).

5. Active management: Compliance with local compliance and effective management of the company.

 

In an increasingly uncertain global environment, opening a company with an associated bank account in Dubai represents a smart strategy to protect and develop capital.
The European macro and microeconomic context makes this option not just an opportunity, but often a necessity for future-oriented entrepreneurs.

Dubai offers stability, efficiency and access to global markets — essential ingredients for business success in the 21st century.

Radu Pertescu