Why UAE is the best place to set up your business

Hardly a few decades ago, Dubai was known as a small port city in the sprawling Arabian desert, unbeknownst to a lot of other populaces. Today, it stands as the nexus of major global economic activities and boasts of business parks, seven-star hotels, man-made islands and the very iconic Burj Khalifa, the tallest structure man has ever built! The best part is that the megalopolis shows no signs of stopping, pandemic or not, and continues to show growth at a blistering pace.

The secret? Economic development at breakneck speeds.

Over the past few decades, UAE has time and again proven its puissance in housing some of the biggest corporations — like Adidas, Nokia, Shell, LG and Microsoft. No doubt, with such growth come opportunities to establish in both multi-million-dollar companies and small businesses. So, if you are looking for an evergreen place to start your business in, look no further, for UAE business setup is the easiest it can get.

Why must I choose UAE to start my business?

Below is an enumeration of why you must choose the UAE as the headquarters of your business:

• Taxes and Tariffs: Many taxes that are levied on huge assets — including personal, corporate and VAT — are almost zero in places like Dubai, which significantly reduces the living costs.
• Expats: Dubai is a great blessing to those that are looking to start business in the UAE, as the almost non-existent tax enables entrepreneurs and investors alike to retain their revenues, courtesy of stable currency exchange rates.
• Visa: Ever since the UAE government rolled out some reforms in the yesteryear, the region has become a favorable place of business to people from many backgrounds. Hence, if you are setting up shop in the UAE, you can easily procure a resident visa. An expat holding a resident visa can claim many more advantages, in contrast to other visas, making UAE business setup a cinch.
• Free zone: A free zone in the UAE is a region wherein expats are exempted from taxes and tariffs. One other advantage is that business owners starting a business in a free zone can own 100% of their company without having to partner with a local sponsor or an Emirati agent. There are also facilities to start businesses online but some prerequisites have to be fulfilled first in order to make UAE business setup online possible.
• Accessibility: UAE is known for its gargantuan airports that connect to every part of the world. This forms a major chunk in connecting people and providing opportunities for small-businesses.
• Law and Order: One of the most impressive things about the Emirates is the strong hold of the law on the city. Discipline and conformity to the law is ubiquitous, which makes it a safe place for businesspersons of different backgrounds to flourish. To further corroborate, UAE has one of the lowest crime rates in the world, thanks to the strict enforcement of laws.
• Transportation: In the UAE, Dubai has one of the most intricate road networks and provides a world-class transportation that befits business tycoons and businesspersons of any stature. Hence, transport is never a hassle in the UAE.
• Places of Business: UAE consists of cities that have some of the biggest skyscrapers in the world. This portrays UAE as a place of business and complements business activities on different levels.
• Tourist Attractions: This is one of the biggest businesses in the UAE, and so, there has been a lot of advancement in this regard. Throw in entertainment and tourist attractions, we form a full circle on why UAE is the best place to headquarter your business. Some of the most notable attractions include skydiving, hot air balloons, desert safaris and waterparks.

The above points barely scratch the surface on why the UAE is the best place to set up your business as there are a lot more factors that account for the pedestal UAE has reached on today.

Where do I begin?

As a businessperson, if you are looking for a sweet spot to establish or headquarter your business, the solution is right in front of you. Set up your business in Dubai or any other Emirate, and realize the road to your success. Worry not about the legal help and procedures, for there always are professionals, such as Crosslink International, to help you out start your business. All you have to do is reach out to us for a free consultation through our website or just call us at +971 4321 6631, 050 744 6445.  Connect with us on also on Instagram, Facebook, and Twitter. Rest assured; your business is in safe hands!