A strategy executive based in Abu Dhabi, Stephen M. Timms serves as vice president of strategic programs with International Golden Group in the United Arab Emirates (UAE). In his leadership role with the company, Stephen M. Timms establishes relationships with international partners in the UAE and beyond.
In recent years, the UAE has emerged as one of the fastest growing business regions in the Middle East. The UAE hosts a number of “free trade zones,” where business owners enjoy access to a number of tax breaks and other benefits. Businesses in free trade zones pay no corporate taxes on their profits, while business owners and employees pay no income taxes on their earnings.
In addition to free trade zones, businesses operating in the UAE can take advantage of the geography of the country, as it is located at the center of trade routes between the East and West. The UAE has also established itself as a leader in telecommunications and IT, making it an ideal place for businesses to upgrade their current operations.