Top five reasons which explain why Dubai is A business hub for New Business Establishing persons looking for business growth after Covid-19 Crisis
why Dubai is A business hub for New Business
why Dubai is A business hub for New Business
Top five reasons which explain why Dubai is A business hub for New Business Establishing persons looking for business growth after Covid-19 Crisis
The UAE government has designed various multiple packages to support business
Community to do Business in Dubai. Nation-wide Covid-19 vaccination program has Been an overwhelming program to overcome challenges in country.
After Two years of covid-19 situation health experts are still fighting to find solutions for combating
the newly emerging viruses. Several countries are striving hard to not go defaulters after Covid-19 but Dubai is developing day by day. It also showed strongest growth in last two years.
The fact is that UAE was the first Country to open its borders for the world after Covid-19 crisis.
The research report has shown that the UAE government, vaccinated 73% of its total
population. It administrated 17.1 million doses, to prove that it is worlds most Vaccinated
population.
Empty highway in Dubai because of coronavirus. Sign advertising the Stay Home Stay Safe campaign.
The reality is that Dubai progress even in difficult crisis are more like fresh air for local business
community and also for the entrepreneurs. In todays world, these days are no doubt difficult for
economies but Dubai is the best place to grow and prosper.
The Basic reasons for entrepreneurs to move fast towards Dubai are as given below:
1 A hub For Expo 2020 :
why Dubai is A business hub for New Business: In the middle east countries, Dubai has set a great example of Expo 2020 featuring 191
pavilions. It actually hosted about 25 million global community members. All of which expressed
life changing inventions and innovations for the up coming generations.
The Expo 2020 had a primary goal or mobility, Opportunity and Continuity in the fields of
technology and business. It has proved to be a global opportunity for the business owners to
Collaborate, connect and to explore more business opportunities.
2 Safest City in the World To do Business:
why Dubai is A business hub for New Business: According to Global finance report, UAE was ranked to be World safest country. A decade before
the Covid-19 started on, Dubai has started developing technology hub in order to make Dubai a
Smart city progressing in the world. Leadership of Dubai is working on facilitating the country for
digital transformation. It also applied digital tools such as Artificial intelligence, virtual reality and
tools such as blockchain. It is also investing to make technology available for visitors and their
Families to do business in Dubai.
3 Expats Are 100% owners of their Business in Dubai:
why Dubai is A business hub for New Business: The recent developments in UAE commercial Laws has made the Foreigners 100% owners of
their assets and properties. There is no need for business owners to partner with Emirati
sponsors. It was previously known that Emirati owners must own 51% of foreign business
owners shares. This amendment was not only a wave of happiness for the business owner but
also the international business community can enjoy their legal control over properties and
assets. Investors can be in 100% control of his operations and finance. Moreover, A
businessman can sponsor his family and residents of his country to live in Dubai.
4 Tax-friendly Country for Business in Dubai:
why Dubai is A business hub for New Business: Entrepreneurs mainly focus on tax friendly countries. As the covid-19 crisis progressed, the
economic crisis increased in Europe. The financial system was shrunk visibly due to
restrictions caused by Pandemic.
why Dubai is A business hub for New Business: According to the Tax reporting organization, the average tax level was increased in19 European
states such as 12.5% in Ireland and 31.5% in Portugal.
On the other hand, in the UAE the tax was not increased. So, it shouldn’t surprise you why
investors from all over the world are looking for avenues in the UAE to do Business in Dubai.
5 Business is Easy for all:
why Dubai is A business hub for New Business: Dubai is the most favorable ground which not only supports company foundation but it also
provides statistical services which are required by functioning businesses. These basic services
are essential for all types of businesses in the UAE. The government has simplified the
essential processes like paperwork, approvals and documentation etc.