Eager to know why should you set up business in Dubai? Well, there is a cornucopia of reasons. Check out this blog post to know each of them.
With its suitable geographical location for trade, Dubai is an excellent place for setting up a Business. Moreover, you don’t have to pay income, corporate, or business tax for starting your business in UAE.
1. Reputable Dubai Address
Now, imagine a vibey office space which you can decorate the way you like in this trade hub. Having an office space in Dubai has ample benefits. Let’s dive to know the six most prominent ones.
Once you set up business in Dubai, you become eligible to apply for a reputable Dubai address. And when you have the office space in UAE with best-in-class infrastructure, it would definitely hike up your business branding.
However, there are a few business activities in Dubai where having an office space isn’t a compulsion. For instance, as an entrepreneur, you can run a software application development firm in Dubai without any office space. All you have to do is to register it in UAE.
2. Effortless Process To Set Up Business In Dubai
Did you know? UAE ranks in the 11th position on World Bank’s Annual ease of doing business for the year 2021. It means UAE has the most supportive legal structure for entrepreneurs. Thanks to Dubai’s government for being a pillar in ensuring the overall business sustainability.
One of the perks of this effortless process is the 100% foreign ownership the businesses get in Dubai.
3. Minimal Documentation Requirements
After establishing your business in Dubai, you don’t have to experience too much hassle. Who takes the credit? The minimal documentation requirements for owning or renting an office property in Dubai.
As a business owner, you have the freedom to choose from various leasing and licensing options. All you have to do is read the terms and conditions of office leasing with the Department of Economic Development or Free Zone authorities. The best way is to seek help from a consultancy firm like TVG.
4. Reduced Overhead Expenses
Additional office expenses are the biggest threat businesses have while setting up their business. But Dubai is the best place for dropping this fear. It’s because the electricity and water usage expenses across the Free Zones of UAE are all-inclusive in the rent.
Suppose you own fully-furnished office space, there isn’t any external investment you have to bare. All in all, you just need to take care of the operational expenses.
5. Quality Living Standards
Besides a plethora of professional benefits of setting up a business in the UAE, you can also enjoy the amazing personal and social facilities of this country. It secures 3rd rank in Asia and 20th in the Global Quality Index of living standards.
Here are a few good things about this place that makes it a top-notch choice for trading and living:
- State-of-the-art Infrastructure
- World-class Health Care Services
- 100% Government Support
- Extraordinarily Talented People
6. Accessible Operational Timings
If you have office space in Dubai, you get the flexibility to operate it 24/7. Thus, you can stay carefree about working hour restrictions that you might probably have in other cities of various countries.
Moreover, you can offer access to your employees to work at their suitable timings. They can stay assured when it comes to security. Well, the UAE government has strict security laws for its citizens.
Summing it up:
Undeniably, Dubai is the perfect place for incubating the culture of Entrepreneurship. Kudos to the liberal laws its government has for entrepreneurs. We are sure after reading this post you have ample reason to set up business in Dubai.
Do you need some insightful tips for setting up your business in Dubai Mainland? Get in touch with experts.