The United Arab Emirates is a federation established on 2nd December 1971 composed of seven Emirates of Ajman, Umm Al Quwain, Abu Dhabi, Fujairah, Dubai, Ras Al Khaimah and Sharjah. The UAE has the most liberal trade regime in the Gulf and it has been an open economy with high per capita income and a high annual trade surplus. The UAE government is looking to drive the economy through foreign investments.
UAE is strategically located between three continents, Europe, Asia, and Africa. There are around 1000 weekly flights to countries worldwide. There is easy access to the GCC and the entire Middle East market. On the one hand is China and India, a source of raw materials and significant trading opportunities. On the other side of the UAE is the European Union which is a major trade partner. Companies from all over the world are shifting base to UAE and opening offshore companies here. Today the UAE is home to many start-ups and multi-million dollar conglomerates.
Amongst the seven emirates, Dubai is one of the most popular and holds global significance as a business hub. The Dubai government, who is financially powerful, opened gates for various types of business setups from around the globe. The countless benefits of opening a company in Dubai have made it attractive for foreign trade and investments.
Advantages of Starting a Business in Dubai
- Ease of Business Setup
- Recruit Expatriate Employees
- Minimal Taxation
- More Than 20 Free Zones
- Technological Advancements
- Strategic Geographical Location
- High-end Infrastructure
- Comfortable and Quality Lifestyle
- Easy Visa Obtaining Process
- Exceptional Government Support