Why and How to Setup Business in Dubai

Why and How to Setup Business in Dubai

The United Arab Emirates (UAE) is a federation of 7 Emirates: Dubai, Abu Dhabi, Sharjah, Ajman, Ras al-Khaimah, Fujairah and Umm al-Quwain. In recent decades, the UAE has become an international trade center.

Lifestyle, corporate structuring and infrastructure have made the UAE a corporate business center and meeting point for the north and west. The United Arab Emirates is known for its progressive policies and its favorable business environment.

This, together with the presence of more than 50 free zones and a lucrative fiscal regime, attracts large foreign investments every year.

Despite the much-publicized economic recession that most affected the real estate and banking sector in Dubai, Dubai has now managed to stabilize financially and is beginning to show signs of a very strong recovery.

Dubai's energy industries include shipping, tourism, media, information technology, retail, exhibitions, general commerce, gold and diamond trade and banking, as well as being one of the world's leading travel centers. Where else do you think it has such a solid commercial base for such a small country?

As Europe and the United States go to bed for what appears to be a long and prolonged period of low economic growth, high unemployment and government budget cuts, Dubai is increasingly looking like the place to explore double-digit growth.

With easy geographical access to the economies of the Eastern tigers and perfectly located to access the growth and the rich cash economies of the gulf, in addition to being, by far, the most suitable place to live in the Middle East and without taxes, rentals Low, free lifestyle service and good weather, Dubai is the perfect choice.

Perpetual economic growth: the growth of an economy is continually in the UAE and, especially, Dubai has its own contribution to the UAE economy that cannot be ignored. Dubai emerged from the economic crisis by gaining an advantage in the winning economic development for the MENA market.

The revenues generated by oil in Dubai are only 5% of the total economy, so we can say that it is not just about the economy of the oil dollars. After 2015, Dubai is one of the fastest growing economies in the world that also contributed in the UAE to overcome the financial crisis of 2008, which must now be stable.

The real estate business is flourishing due to the growing number of expatriates who came to invest in Dubai in search of protective and career businesses. The other business sectors are growing, since in 2016 the population of Dubai was 2.5 million and is expected to grow up to 3 million by 2020. Therefore, Dubai reveals the bright future and is the best place for return on investment.

For business setup in Dubai, you need a group of registered professionals who are focused, and market oriented on how to achieve dreams of getting entrepreneurs and small and medium enterprises.

Business Link UAE believes in helping you not only with the written works and documentation of your company, but we also equip you with the necessary tools to develop, promote and expand your business.

From this point of view, we are a unique business configuration company that makes us different, and our work does not end with the demand for your residence visa and business license, it is only a starting point for you.

Our commercial advisors have been doing new business setup in Dubai for years and know all the ins and outs. They will be happy to give you the advice you need and probably already have experience in company formation in Dubai.

It is worth trusting professionals who will give you the right and reliable advice you can trust. The legal framework of your company is something important to succeed.

Also Read:

Thinking about a Business Setup in Dubai? Here’re a Few Things You Need to Know

What Formalities to Ensure Before Company Formation in Dubai?

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