Dubai is a popular destination for companies worldwide and has a highly developed business environment conducive to growing businesses. The decision by the government of Dubai to enable international investors to incorporate companies in any of the Emirates has been productive and helpful to the country.
So let\'s check out some advantages of business setup in Dubai.
What Are the Advantages of Setting Up A Business In Dubai?
Here are some reasons why you should consider setting up your business in Dubai:
1) Top Business Hub
Dubai is among the 10 most thriving business hubs in the world. And the commercial capital of the Middle East.
2) Low Tax Rates
The UAE has one of the lowest corporate tax rates in the world.
3) Ease of Doing Business
UAE has ranked 11th globally in 2019\'s ease of doing a business report and 1st locally. Since then its ranking has only gone upwards.
4) Flourishing Economy
Dubai\'s steady economic growth is another reason to consider it. Its growth has skyrocketed ever since the pandemic. Name a sector, be it tourism, agriculture, manufacturing, import & export, online business, etc. There is room for growth for everyone.
5) Quick Registration Process
The process takes only 48 hours. Within 2 business days, your business is going to be up and running.
6) Top-Class Infrastructure
You can get a conducive infrastructure for your company. From standard necessities to a full-fledged workspace, one-stop solution for everything your business requires.
Jurisdictions Where You Can Set Up a Business:
The jurisdictions where you can set up your business in Dubai are:
- Offshore
- Mainland
- Freezone
Conclusion
By now, you should be familiar with the benefits of setting up a business in Dubai. Our experts in Commitbiz LLC are always available for assisting you during the process. Please contact us today and kickstart your entrepreneurial journey in Dubai.