The facts of Business setup in Dubai is that it comes with many big opportunities of economic growth which is one of the top reasons every investor must consider expanding his activities in Dubai especially in the most profitable sectors such as tourism, services, finance, trade, construction, and real estate industries. Furthermore, Dubai Expo that was held from October 1, 2021, until March 31, 2021, was expecting to benefit tremendously businesses within mainland and Freezone. The Dubai expo revamped all sectors during its timespan, but it has also rebuilt business networks between Dubai investors and other international entrepreneurs from various countries.
The city of Dubai is a tax haven for foreign investors where you can easily setup a company minimal or zero corporate tax depending on your business treshold, moreover you are allowed to repatriate all your capital and profits. So, the tax system of the UAE is one of the major factors that make Dubai a business-friendly city with a stable and supportive government.
Dubai is a cosmopolitan city where 89% of residents are expats and only 11% are UAE nationals. The new corporate law amendment has accommodated the foreign investors who want to start a business in mainland with 100% foreign ownership. It is no longer required to include a UAE national as a stakeholder who had to take up to 51% of your company. Now expats can register and fully own their entire businesses. Moreover, getting a residence visa in UAE is easy for Investors and employees as well. All you have do is to approach approved business setup consultants in Dubai such as Sahulat Documents Clearing and submit the required documents.
Dubai is an international trading hub with a great strategic location that connects global suppliers and customers from Asia, Africa, Europe, and America which eases the export and import of products in many countries. Dubai hosts nearly 15 million tourists each year and many of the visitors’ main purpose is to explore new business ideas in Dubai. Therefore, the Dubai government has transformed this city into a business hub in the Middle East that amasses all products manufactured from different continents to connect traders with potential buyers. Which makes it suitable for any entrepreneur who wants to setting up a company in the UAE.
The city of Dubai is popularly known for fancy buildings and skyscrapers that considerably come with great infrastructures that have a beautiful atmosphere to simplify your daily workloads. Additionally, the surprising fact of company setup in Dubai is that the cost of renting an office space is affordable depending on the number of employees you are planning to hire.