Bernard Arnault’s Message is Clear—The Future of Business Expansion Lies in Saudi Arabia & the UAE

Bernard Arnault’s Warning to French Businesses: Is It Time to Look Elsewhere?

French luxury icon Bernard Arnault, the CEO of LVMH—the world’s largest luxury conglomerate—has issued a stark warning about France’s new corporate tax policies, which he believes could threaten the future of manufacturing and jobs in the country.

LVMH, which owns Louis Vuitton, Dior, Givenchy, Mo?t & Chandon, Hennessy, Tiffany & Co., and many more, has been a pillar of “Made in France” luxury for decades. However, amid the French government’s proposal to increase corporate taxes to 40% for companies with revenues exceeding €3 billion, Arnault has voiced concerns about the increasing financial burden on businesses.

??? "When we return to France and see the planned 40% increase in taxes on companies manufacturing here, it’s incredible. This ideally pushes for relocation."

For any French business leader, this is an important moment for reflection. If the CEO of the world’s largest luxury brand is worried about the future of business in France, shouldn’t you be considering your options too?

But while some might instinctively look toward traditional markets like the U.S. or Europe, there is an even more strategic and profitable alternative—Saudi Arabia and the UAE.

Why Saudi Arabia & the UAE Should Be Your Next Business Destination

Let’s be honest—times are changing. Governments across Europe are increasing taxes, adding more regulations, and making it harder for businesses to thrive. Meanwhile, Saudi Arabia and the UAE are doing the exact opposite:

? They are reducing corporate taxes.

? They are actively welcoming foreign companies.

? They are investing billions into new industries, luxury markets, and technology.

For any business looking to grow, expand, or simply reduce unnecessary tax burdens, Saudi Arabia and the UAE offer far better opportunities than France or any other high-tax economy.

Let’s break it down:

???? The UAE: A Business Haven with Zero or Low Taxes

The UAE has built one of the world’s most attractive business environments—and for good reason:

? 0% Corporate Tax in Free Zones – Many free zones in the UAE allow businesses to operate completely tax-free, while the general corporate tax rate is just 9%. Compare that to France’s 40% tax hike, and the difference is clear.

? Unmatched Access to High-Net-Worth Clients – Dubai and Abu Dhabi have become global hubs for luxury, finance, and innovation. If you’re in fashion, beauty, technology, or finance, you’ll find a huge audience of high-spending customers.

? 100% Foreign Ownership – You own your business outright. No need for local sponsors, no restrictive policies—just a simple, fast business setup process.

? Luxury, Retail, and Industrial Growth – With millions of tourists, affluent locals, and high-end retail districts, the UAE is a perfect market for premium brands, manufacturing, and high-value industries.

? A Global Gateway for Expansion – The UAE connects Europe, Asia, and Africa, giving businesses access to a market far beyond just the Middle East.

???? Saudi Arabia: The Fastest-Growing Business Market in the Region

Saudi Arabia’s Vision 2030 is revolutionizing the economy, making it one of the most exciting places for global businesses. If you’re serious about expansion, here’s why you need to be paying attention:

? Massive Government Investment & Incentives – Saudi Arabia is actively attracting international businesses with tax breaks, grants, and incentives, particularly in luxury, manufacturing, and technology.

? Regional Headquarters (RHQ) Program – Companies that set up regional headquarters in Riyadh gain exclusive tax benefits, streamlined licensing, and fast-track government support.

? A Wealthy & Expanding Consumer Base – The Kingdom’s population is young, highly educated, and increasingly affluent. The demand for luxury goods, premium services, and high-end experiences is at an all-time high.

? New Mega Projects Creating Business Opportunities – Saudi Arabia is building entire new cities like NEOM, The Red Sea Project, and Qiddiya, creating huge opportunities for luxury brands, manufacturers, and service providers.

? Manufacturing & Industrial Growth – Saudi Arabia is localizing production, investing in automotive, aviation, green energy, and technology. If you’re in manufacturing or supply chain industries, now is the time to enter the market.

The Time to Act is Now

The reality is simple—while France is making business harder, Saudi Arabia and the UAE are rolling out the red carpet.

French businesses that act early will gain a first-mover advantage in two of the world’s fastest-growing economies. The ones who wait too long may find themselves stuck in over-taxed, over-regulated markets while their competitors seize new opportunities elsewhere.

If you’re even considering expanding your business, now is the time to seriously explore Saudi Arabia and the UAE.

R Consultancy Group: Your Partner for Expansion

Expanding into a new market is not just about opportunity—it’s about having the right strategy, connections, and execution. At R Consultancy Group, we specialize in helping businesses like yours successfully establish operations in Saudi Arabia and the UAE.

How We Can Help You:

?? Business Setup & Licensing – We handle all regulatory approvals, licensing, and compliance, so you don’t have to.

?? Market Entry Strategy – Our team conducts market research, competitor analysis, and local partnerships to ensure your success.

?? Government & Private Sector Introductions – We connect you with key decision-makers, making it easier to secure contracts and partnerships.

?? Luxury & Industrial Expansion – Whether you’re in fashion, beauty, tech, manufacturing, or services, we help you tap into the right market segments.

?? Financial & Investment Advisory – We advise on tax structures, investment strategies, and legal frameworks to maximize your profitability.

?? Ready to Expand? Let’s Talk.

?? Email us at [email protected]

?? Visit our website: www.rconsultancy.co.uk

?? Schedule a consultation: +447956113330

Bernard Arnault has raised the alarm. If LVMH is looking for alternatives, shouldn’t you be doing the same? Saudi Arabia and the UAE are open for business—are you ready to take advantage?

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