Why Investors Choose Dubai for Setting up Business?
Company Formation in Dubai: Dubai is a global trading hub and investment destination in various business activities such as trading, import, export, logistics, hospitality, event management, financial services, construction, etc. Once we are thinking about an investment in the business, the first place that comes to our mind is Company Formation in Dubai, UAE. The following reasons will give an idea of why Investors should opt for Company Formation in Dubai.
There are many reasons why many entrepreneurs and investors wish to opt for Company Formation in Dubai. Being located strategically between Asia, Europe, and Africa, Dubai is a perfect place for setting up many business activities including international trading, logistics, tourism, hospitality, export, event management, and so on. Dubai is situated in the middle of the UAE coast stretching along four hundred miles. It has both the sea and has one of the biggest airports in the World, through which Dubai facilitates the transportation of goods between West and East. Thus, Dubai has access to 2.5 billion consumer markets situated in the Gulf, Asia, Africa, CIS countries and Europe. Even Dubai has a world-famous seaport Jabel Ali seaport.
Generally, the UAE’s economy is considered to be the most diversified and one of the fast-growing economies in the MENA region. The non-taxation policy for almost all types of business activities except branches of international banks, hotels and essential oil and gas companies in Dubai. There is no income tax, corporate tax, etc.
- Safest Place to Live and Initiate Business
Safety and well-being are one of the distinguishing features of Dubai as it is one of the safest places in the World. The crime index is lowest in Dubai. Moreover, Dubai is considered to be one of the most politically stable countries in the Middle East Region. Political and security are some of the most significant factors that have brought many international investments and businesses into Dubai which makes Company Formation in Dubai the most reliable investment.
If you have a company in Dubai or in any other Emirates of the UAE, in general, you will be eligible to acquire a UAE Residency Visa for yourself, your family members and also for your expatriate employees. Having a UAE Residency Visa will give a lot of benefits such as, you are free to open a current account in UAE Banks, you can also lease an apartment for a long term basis. You can enter or exit from UAE multiple times. You have access to get visas for other countries, including Schengen countries more efficiently as a resident in the UAE.
If you are opting for Company Formation in Dubai, then you don’t need to think about finding an office, a retail shop, a manufacturing warehouse or a unit.it is very easily available in a very cost-effective manner. Moreover, the transport facility in UAE especially in Dubai, the new road, a more convenient public transport system, a new airport is being developed. According to the Travel and Tourism Competitiveness Report of WEF, the UAE’s infrastructure has been ranked within the best in the World. In terms of quality of roads, the country came second, third in the quality of air transport, eight in the ground transport network and fifth in port infrastructure.
When we are planning to start a new business or to invest in a country, we used to think about the lifestyle and how safe the country is to stay. UAE is ranked as the No. 1 country with the best quality of life in the middle east region and ranked 15th in the World out of one hundred sixty countries. Moreover, the UN Happiness Index has ranked the UAE as the 21st happiest nation in the World. While enjoying a high quality of life and living standards, you can be more productive and inspired by the positive environment around you. UAE Govt is very supportive of new business especially the Dubai Government.
- Renowned Multinational Companies
A lot of globally renowned multinational companies including Microsoft, HP, Nokia, Sony, HSBC, Royal Bank of Scotland, Shell, Emirates Airlines, Procter & Gamble, Boeing, Adidas, Procter & Gamble, BBC World have located their regional offices in Dubai. Moreover, many internationally recognized universities have campuses in Dubai, such as the American University, Rochester Institute of Technology, Michigan State University, Wollongong University, London School of Economics, London School of Business and Hult International Business School. The initiatives taken by the government over the period is escalating the industry more. This presents a vast opportunity for investors to start their business. If you want to start your business in Dubai, our experts can help you with the documentation and with the whole process. Setting up a business in Dubai is an excellent way to rightfully gain international profits.
Emirates Chartered Accountants Group provides clients with licensing support for Company Formation in Dubai, UAE by providing strategic recommendations and negotiations with local stakeholders along with documentation formalities. For Company Formation in UAE please click below links.
To set up an initial consultation, please contact
Mr. Viju
Asst. Manager – Company Incorporation
Mobile : +971 55 4028899
Phone. : +971 4 2500 290
Email: viju@emiratesca.com
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