Are you one of those people who dream of opening their own businesses? Are you also tired of working under someone else’s leadership and want to be a leader yourself? The urge to take charge and work for yourself is when you should step up and get started with your business. Scale up your business in the UAE.
People toil hard to come here and get their businesses started. But what makes the UAE such a sought after location? This blog intends to help you understand the benefits of getting started with your business setup in Dubai, UAE.
Years of our life are spent working for a company that fulfils other people’s dreams. It is essential to realise your own dreams and to work towards them so that you can get what you want from life and reach your goals. It is extremely important to value one’s ambitions to have a good quality of life. Read on to know more about why you should set up your business in the United Arab Emirates.
Ever Growing Economy
The UAE has an ever growing economy thanks to the business friendly initiatives taken by the government of the Emirates. The high per capita income and high annual trade surplus of this place makes it an ideal place for people wanting to get started with their businesses here. The different types of jurisdictions offer a variety of different benefits and allow a range of business activities in the region. This way, the connectivity of this place is also a big point for people’s attraction towards it. The nation has now become a home to many successful businesses as well as many startups as well. This place has helped many entrepreneurs nurture their dreams and reach the goals they set for themselves.
It is a wealthy nation that provides stability to the people residing in it as well as working here at jobs or starting their own businesses. This makes the economy even stronger for a budding entrepreneur to get started in.
Entrepreneurs and business friendly rules and laws
The UAE government is striving hard to retain talent in the nation, whether it is local talent or expat talent. Due to the same reason, it is ensured that the laws here are extremely friendly for the expats. The procedures are simple and fast when it comes to setting up a business in the UAE, applying for visa or renewal of licence. The help of expert business setup consultants add to the ease making the entire process a smooth and easy one. Instant services are also a plus point of the area.
Infrastructure and important facilities
The infrastructure of the nation is built for luxury. The high standards of living ease the issues for any expat. Due to this high level of development, it is easy to find any essential facility right when it is needed without a delay. The nation is also technologically advanced making itself one of the most sought after places for business setup.
Easy availability of labour
The labour or manpower is easily available in the UAE. The skilled as well as the non-skilled people strive hard here to achieve their goals and ambitions. People from all over the world come here searching for work. The taxes being low make it an ideal region to get started. It is easy to find labour or manpower here due to the benefit of both the employer and the employees
The UAE has now levied VAT and is also introducing Corporate tax but even in this situation, the UAE still remains a tax haven globally. The taxes charged are low and depend on the income of the person. There are also a few exceptions to the taxes. The different number of tax categories make it a diverse nation.
Ownership of your enterprise
It is well known that earlier a sponsor was needed to get started with your business in the UAE mainland. With the new laws, an expat can now obtain 100% ownership for their Business setup in Dubai Free zone .Dubai has a number of free zones that provide attractive options for starting a business. These free zones typically provide 100% foreign ownership, tax exemptions, and streamlined company formation processes. It is now possible to start a business without the assistance of a sponsor.
The place is globally recognised as one of the best places to start business in. It is also known as the tax haven for entrepreneurs. The nation is regarded as the global hub for investment and businesses. The global recognition of the region is one of the key factors why people choose to set up here. It also makes the conditions favourable to a larger extent for those who are just getting started.
The nation is home to exciting opportunities in the market and otherwise as well. The audience for each business increases due to the benefit of people coming in from different nations worldwide. The high standards of living and the inter connectivity of businesses is a plus point and a bridge for new opportunities.
Strong support to the education and healthcare industry
The healthcare and the education industry of the nation is world famous. The top notch services and the tech savvy aspect of the nation makes it the ideal spot for businesses as well due to the increasing students and patients population.
The UAE is strategically located and since one of the most important aspects of any company is its location, therefore it serves as one of the top benefits of getting started in the United Arab Emirates. It is located between Europe, Asia and Africa and is well connected by water, air and land routes. The easy access for travel, import and export of goods and services makes it a top choice worldwide for every type of business.
How can RadiantBiz help you in getting started with your venture in the United Arab Emirates?
We hope that you are now well educated about the benefits of getting started in the UAE. If you are someone who is tired of working for someone else and wants to scale up your dreams, passion and ambition then this is the right place for you. Our Business Setup consultants at RadiantBiz guide you through each and every step of the business setup right from the start and take care of all the difficult parts for you. We have over 12 years of experience to help you succeed in your venture. Our services have helped many people globally to get their dreams started. Get in touch with our experts today who will realise your strengths and analyse your needs to help you get the best solution for your business.