Dubai being the business hub of the Middle East stand as the main reason for doing business in the city, but it’s not just Dubai; UAE as a whole opens doors for foreign investments by offering a wide range of benefits for investors.
If you have a workable and profitable business idea, UAE is all open to you even with small investments. UAE is a perfect place to do business in the Middle Eastern for hundreds of reasons; let’s have a look at few of them:
1- Dubai has emerged as one of the most successful and most desirable cities to live in; people are coming here to live a luxury life, so bring your brand to them.
2- With an ever growing number of tourists and business travelers, you have the opportunity to present your brand to the whole world.
3- Dubai is the gateway connecting East to the West and giving easy access to 2.2 billion consumers.
4- The ever growing economy.
5- Investment laws, regulations and incentives are highly favorable for foreign investors.
6- The most modern physical infrastructure is available for all type of businesses.
7- The cargo and re-export markets are highly sophisticated because of two main ports, Port Rashid and Jebel Ali Port.
8- The liberal labour policies make it easy and cost-effective to recruit employees from almost any part of the world. You may be amazed to know that out of total people employed in the UAE only 0.5% are Emirati.
9- Government is highly supportive for foreign investment and promotion. They provide the facilities to develop economic plans and policies, identify and support strategic sectors, and provide essential administration services to domestic and international investors and businesses.
10- With over 20 Free Zones offering foreign investors to enjoy 100 percent ownership of their companies UAE makes it a must for investors to consider the country!
11- Zero percent income tax for both mainland registered and Free Zone companies is probably the biggest incentives for foreign investors to set up business here.
12- Highly flexible import conditions with more than three-quarters of goods entering the emirate duty free and the average tariff rate of just 4 per cent are most suitable conditions for businesses based on imports.
13-The quality lifestyle, presence of various cultures and excellent consumer base with high purchasing power altogether invite new businesses here.
14- With more than 200 nationalities presence you have a whole diverse market ahead.
15- Ever increasing number of visitors to the country for tourism, exhibitions, workshops, conferences and lot of other events bring opportunity for businesses to increase the outreach of their brand from single location.
With 0% taxes, lowest import duty, free trade agreements, competitive economy, strategic location, state of the art infrastructure, presence of people from around the world and highly favorable business environment all make UAE one of the best places in the world to do business. So, if you are looking to take your brand to the world, do consider UAE!