Are you looking to start your own business? Then there’s no better place to start your entrepreneurial journey than here in Dubai. We will be sharing with you the top six reasons to set up your business in Dubai.
- Ease of doing business in Dubai. So Dubai is currently ranked 16th out of 190 global economies on the World Bank’s Index. Ease of doing business, which is remarkable for Dubai only being 50 years old.
- Quick process of setting up your company in Dubai You can now set up in around two working days. And with the digital transformation we’ve seen in Dubai, this can now be done online and over.
- Tax benefits That’s probably the most common benefit of setting up in Dubai that’s commonly known. So there’s currently no income tax and no Corporation tax for businesses setting up in Dubai.
- Location of Dubai It’s in the centre of the globe connecting the east and the west. If you get a flight from Dubai, you’re 8 hours away from two-thirds of the world’s population, which gives you greater access to clients. Distributors cut down on logistic times. So that was the main catalyst in Dubai getting the right to host Expo.
- Welcoming landscape for startups in Dubai 1975, 60% of the GDP of Dubai was oil. Today in 2021, it’s only 1%, which shows the emphasis on growing other sectors within the region. In 2020 we saw the Dubai Economic Department launch a new concept called Dubai SME. This is built up of 13 incubators that help grow certain divisional centres.
- Dubai is a city of innovation, So we’ve seen this with the biggest buildings in the world and breaking all sorts of world records. What does this mean? We’ve recently seen the announcement of the Hyperloop connecting Dubai and Abu Dhabi in less than 20 minutes. Another innovation we’ve seen in recent weeks is certain jurisdictions within Dubai now forming business activities geared towards crypto trading, which has been on everyone’s agenda for the last one or two years.
Whether you’re looking for a freelancer in graphic design, marketing, or communications to support your business or a manpower supply company to hire 300 labourers to help you build a tool builder.
Over 200 nationalities in Dubai reside in Dubai from all walks of life, from different educational and experienced and employment backgrounds.
The only question you should be asking yourself is where you can set up in Dubai mainland, free zone or offshore.
Book your FREE consultation today!
Call: +971 4 343 1433 – www.onestopinternational.com
