It’s been decades now since UAE is considered to be the first choice for many businessmen for starting or expanding their business. The United Arab Emirates is known to be one of the wealthiest countries in the world which is popular due to its loyalty to foreign investors and open policy of conducting business internationally.
The growing reputation of the UAE as a global economic center tends to attract the attention of a majority of foreign businessmen. The wide range of schemes present for opening or promoting a company in the UAE allows these businessmen to select the most suitable option in each unique case.
So, if you are tired of working for someone else and wish to become your own boss, it is high time that you setup your own business in the UAE as it offers you many reasons to do so, and that too quite successfully. The following are some of the reasons why you should consider to setup business in the UAE.
- Legal framework:
The government of the UAE has revised their legal framework for foreign investors who wish to setup a business, in order to drive the economy forward through foreign investments. Except for criminal laws, there exists a completely different set of rules and regulations for foreign investors.
- Infrastructure and amenities:
The UAE government has almost tried everything possible to make sure that the foreign investors face absolutely no troubles or problems in running their business smoothly. In order to make this possible, the government provides world class infrastructure and amenities to these foreign businesspeople in terms of office spaces, business parks, transportation, utilities, warehousing, and connectivity.
- Tax exemptions:
One of the major stressful things of starting a business in a foreign land is developing the understanding of their tax laws and indulging in your business in such a way that you would have a minimum amount of taxes to manage. However, the UAE government provides different kinds of business ownership patterns and tax categories. You can even keep your business profits without paying any kind of tax to the government. All you need to do is ensure that you register your company under the free zones umbrella.
- Strategic location:
It is known that the most important and significant rule of the real estate industry is location. It is true for the other kinds of business setup as well. The UAE is strategically located between three continents namely Europe, Africa, and Asia. There are over 1000 weekly flights to countries all over the world and the Middle East market is quite easily accessible.
So, if you are excited to setup business in the UAE and wish to avail all the benefits that come along with it, what are you waiting for? Get in touch with a business consultant and get all the necessary help you need to start your business in the UAE.