A huge amount of money is being poured into infrastructure for the I.T., Media, Science and Financial Sectors. As you drive from downtown Dubai to Abu Dhabi you’ll see the impressive Internet, Media, and Knowledge Cities.

These mini cities have complete state of the art infrastructure. Companies located within theses cities can have 100% foreign ownership and are guaranteed a 50-year exemption from tax.

Considering the regularly increasing number of qualified Indian expats this could be an ideal place for basing a software or media company (they’re also censorship free zones).

There’s also the Jebel Ali Free Port, which has the same 100% foreign owned and tax free opportunities as the mini cities. There’s also no duties of any kind in the free zone and other hydrocarbon rich countries like Saudi Arabia, Oman, Bahrain, Kuwait and Qatar with money to buy your goods are close by.