Boutique professional services firm Ortac launches in Dubai

Boutique professional services firm Ortac International has opened for business in Dubai.

Established in 1996, Ortac International provides a range of accounting, audit, tax, reporting and financial consultancy services to mid-sized businesses in Turkey, Cyprus, the United Kingdom, and now also Dubai.

The new hub in Dubai is initially dedicated to company establishment services, and has as its key focus helping UK nationals and entrepreneurs with their relocation to or expansion into the emirate.

“There are over 240.000 British expatriates residing in Dubai and approximately 5.000 British companies operating in the UAE, obvious is that Dubai is an important destination for British businesses and individuals,” said Murat Ortac, Founding Partner of Ortac International.

With Dubai remaining a top destination for foreign investment, and offering attractive opportunities for doing business, Ortac said that he expects the influx of British businesses and individuals to continue in 2024 and beyond. “The UAE, and in particular Dubai, continues to emerge as a sought-after destination for British citizens.”

Key appeals of Dubai include its low tax rate (a 0% personal income tax for individuals and a 9% corporate tax for businesses), its enviable expat lifestyle, its investor-friendly policies, its world-class infrastructure and connectivity, and its location at the nexus of the East and West, offering entrepreneurs access to investment opportunities in Asia as well.

For those making the jump to Dubai, settling in does require paperwork, formalities, accounting compliance and more. This is where Ortac International comes in.

“We offer efficient and seamless company establishment services in Dubai, leveraging our expertise and strategic partnerships. As the authorized professional partner of IFZA, Dubai'’ premier free zone, we ensure swift completion of company establishment procedures and banking formalities within just 7 working days, along with the provision of a two-year investor visa,” Ortac said.

While many businesses and individuals may be tempted to enter the market on their own, Ortac said that past experiences have shown that teaming up with an expert is worth the investment. “Choosing an expert partner will save precious time – and is some cases even money as well!”