The bustling city of Dubai has always been an investor-friendly destination. However, over the years, the authorities have worked hard to improve the facilities and procedures, making it easier than ever to start a business. If you are looking to start a business in Dubai, read on to find out why you are on the right track.
In the last few decades, Dubai has transform from a small city located in the desert to bustling and dazzling metropolis with business parks, manmade island shaped like a palm tree, grand malls and seven star hotels. It is also home to numerous business parks and world-class infrastructure. Thanks to these features, businesses get numerous opportunities to excel, something that they cannot get in most other cities across the world.
So, if you are looking to start a business, Dubai should be your first choice. The process of starting a business in Dubai is simple, quick and hassle-free. Usually, mainland is the best option due to the exceptional facilities and infrastructure. You will also be able to access the other markets of the UAE from Dubai.
If you are sceptical about starting a business in Dubai, here are a few reasons to convince you:
Non-Existent Taxation
You don’t have to worry about a long list of taxes when you start a business in Dubai. While the country has introduced VAT, it is extremely low when compared to the percentage charged in other countries.
Easy Visa Application
Investors in Dubai enjoy easy access to investor and dependent visas and hence, setting up a business allows you to get UAE residency with ease. Once you do this, you will also find it easy and hassle-free to apply for visas to other nations.
Repatriation of Capital and Profits
If you are considering starting a business Dubai Mainland, you will be happy to know that Dubai allows you to repatriate the capital and profits to your home country without any penalty or tedious regulations. Of course, due to the business-friendly environment, many investors opt to park their funds in the city for future investment opportunities.
Safe and Secure Environment
Dubai is one of the safest cities in the world and is virtually crime-free. You do not have to worry about communal riots, agitations and demonstrations. Hence, it is one of the safest cities in the Middle East to do business and this will make it easy for you to attract the right talent to your organization.
Outstanding Logistics Infrastructure
Due to its strategic location, Dubai stands at crossroad of international trade between the West and East. It allows easy access to burgeoning markets in Africa, China and India. It has two airports – the Dubai International Airport and Dubai World Central. The city also has the large cargo hub in the world, with most cargo stationed here for Africa and Asia. The Dubai World Central is located at the Dubai Expo 2020 site and once fully operational, it will be the biggest airport in the world with multi-model logistics. The port of Jebel Ali has the distinction of being one of the largest container ports in the world, and it is connected to Dubai International Airport cargo hub and the city’s expressway.
As you can see, Dubai has everything that a business would require. So, if you are thinking of starting a business in Dubai, you are on the right track. Work with an experienced and knowledgeable consultant to get the required paperwork done and you will be able to start your business within no time.
