Business Opportunities in Dubai 2019
Dubai is one of the largest and most popular cities in the United Arab Emirates. For a long time, the country’s economy depended on the oil and gas industry. However, in the recent past, the country and especially Dubai has become an investment destination. There are a wide variety of business opportunities in Dubai that attracts investors from all over the world.
UAE is ranked at the 11th spot in the ease of doing business which evaluates various parameters. In the last two decades, the country has attracted 56% of fortune 500 companies to conduct business in Dubai. In addition, there are over 200,000 registered companies that are key to the growth of the economy.
If you are looking to start a business in Dubai, you can get in touch with our business setup consultants in Dubai for smooth execution. We will help you with all the process involved in opening your company in Dubai. Also, we will provide you all the information you may need to make the best decision.
Here are the reasons why you should consider starting a business in Dubai
One of the most crucial factors to consider when starting a business is security. In this regard, Dubai is considered to be among the safest cities in the world. The city is free from riots, aggressive demonstrations, agitations or even terror fears. This is because security forces are on high alert and the use of latest technology to combat criminal activities.
Due to the use of technology, the police is able to closely monitor activities in the city without disturbing civilians. According to the Pinkerton Risk Index Report, the UAE is ranked 5th in Asian-pacific countries in terms of security parameters. This is an indication that Dubai is one of the safest cities to do business.
Logistics and infrastructure
The city has two main airports, the Dubai International Airport, and Al Maktoum International Airport. These airports offer immense facilities in air transportation and cargo. In fact, the Dubai International Airport is the busiest in the world with the biggest cargo hub dubbed as cargo village. The Al Maktoum International airport is in developing phase even though it is operational. It is located in the south district where the Dubai Expo 2020 will be held.
Apart from air transportation, Dubai relies on sea transportation. The Jebel Ali port is the largest port in the Middle East and soon will become the largest container in the world. Also, Dubai has one of the best road infrastructures in the world.
Dubai has plenty of resources such as human resource, energy resources, financial resources, etc. There are sufficient qualified professionals from over 200 different countries in the world who work in Dubai. This means you will easily get the workforce for your business. Also, petroleum, natural gas, crude oil, and other energy sources are very cheap.
Immense investment opportunities
Dubai is conveniently located to facilitate cross-country trade. For instance, you can trade with countries in the Gulf, Africa, and Asia. Every month, the city hosts several trade shows and international exhibitions. These events offer investors the opportunity to showcase their work to an international audience. The government is also looking forward to establishing a wholesale city which will establish Dubai as a major business hub. According to the Dubai Chamber of Commerce, thousands of new companies are registered every year. This is a clear indication that Dubai is still an attractive investment destination.
Dubai offers a tax-free business environment. Free zone and mainland companies are exempted from corporate and income tax. The Government of Dubai is also in the process of establishing more tax-free zones to support different industries.
Our Professionals at Business Link UAE guide through whole legal procedure for your company set up in Dubai as well as the other Emirates of UAE. You can call us +971 43215227 or email at email@example.com.