Five Reasons Why You Should Set Up Your Business in Dubai

Five Reasons Why You Should Set Up Your Business in Dubai

In the last few years, Dubai has seen a surge in new businesses. With an increase of more than 400% in just 5 years! The UAE is one of the most hospitable countries for foreigners to set up their business and enjoy great success. There are many reasons why you should Business setup in Dubai Freezone that we will cover below.

1) Entrepreneurship culture:

For entrepreneurs who want to take advantage of a thriving entrepreneurial scene, there’s no better place than Dubai. In fact, 75 per cent of all start-ups in the Middle East originate here with 4 out2be among them being worth over $100 million USD each.

2) Tax benefits:

One reason why so many businesses choose to set up shop here is because of the tax benefits. It’s a tax-free, open economy where one can enjoy social freedoms and feel free to set up their business as they see fit

3) Industrial Free Zones:

If you’re looking for a specialised area in which to focus on your industry, there are plenty here in Dubai that offers just that. Whether you want to focus on real estate, tourism, tech or even digital media there is no better place than Dubai for this specialised approach

4) Gulf Cooperation Council:

If you’re looking for funding in the number of millions and billions, you may want to take a look at landing your business deal in The gulf cooperation council best for this kind of deal. A number of funding deals occur here that are not seen in the rest of the world

5) The Dubai Chamber

The chamber is a leading business organisation based here in Dubai and their members include both small and large businesses across many different industries. They also offer special events where one can network with other visiting businesses and also take advantage of the free advice on how to set your business up here in Dubai.

Five Reasons to Make Dubai Your MENA Business Hub

1) Tax benefits:

One reason why so many businesses choose to set up shop here is because of the tax benefits. It’s a tax-free, open economy where one can enjoy social freedoms and feel free to set up their businesses they see fit

2) Industrial free zones:

If you’re looking for a specialised area in which to focus on your industry, there are plenty here in Dubai that offers just that. Whether you want to focus on real estate, tourism, tech or even digital media, there is no better place in the UAE for this kind of specialisation.

3) Funding deals:

If you’re looking for funding in the number of millions and billions, you may want to take a look at landing your business deal in The gulf cooperation council best for this kind of deal. A number of funding deals occur here that are not seen in the rest of the world

4) Government support:

The government also offers free advice on how to set up your business here in Dubai. If you’re looking for more information, there is a wealth of it available online and from those who already run successful businesses here in the UAE.

5) The Dubai Chamber:

The chamber is a leading business organisation based here in Dubai and their members include both small and large businesses across many different industries. They also offer special events where one can network with other visiting businesses and take advantage of the free advice on how to get settled here in Dubai.

Here are some beneficial reasons why it is great to set up your business in Dubai/UAE:

1- The UAE has been ranked as the most improved nation worldwide in terms of ease of doing business.

2- The UAE is the second-fastest growing economy in the world and its GDP will increase from $377 billion to about $1 trillion by 2020.

3- The UAE has been ranked as one of the best countries for foreign investors: Dubai International Financial Centre (DIFC) was established as a global hub for banking, finance and free trade.

4- Dubai has a strong human capital as it welcomes international talent from around the globe and hosts many different events throughout the year that are focused on building stronger relationships between investors in the country.

5) UAE is one of the most open markets for companies to make deals with other foreign partners and is also one of the most open markets for international trade and investment.

6) The UAE has a strong, liquid market and a wide variety of financial products and instruments at its disposal that can be beneficial for companies looking to expand their businesses’ range of operations in the region.

7) There are more than 4 million people living in the UAE and that number is expected to rise to 10 million by 2020.

8) More than 45 nationalities are represented in the UAE, which can be very beneficial for businesses looking to reach a global market, as all sorts of industries and services can be found here.

9) The Dubai Chamber offers special monthly meetings where foreign business owners can meet with officials to discuss the ways in which they can better their businesses and get settled here in Dubai.

10) The UAE offers a whole host of free advice on how to set up your own business here, including tips for obtaining visas and getting open bank accounts as well as advice regarding various aspects of setting up individual businesses within different industries throughout the country.

Also read: What To Know Before You Buy Indian Grocery Online Netherlands

Conclusion

The UAE is one of the most hospitable countries for foreigners to set up their business and enjoy great success. There are many reasons why you should consider Dubai as a destination for your next venture, but here are five that might just convince you to pack your bags today! Five reasons why you should set up your business in Dubai.

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By Charlotte Russe

Content Writer for AMIR ARTICLES – HOME OF QUALITY CONTENT FOR EVERYONE - Read about Games, Tech, Business, Health, Find a Job, Blogging and Articles in Different Categories Available on Amir Articles

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