• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
WittySparks Logo White

WittySparks

Ignite Your Thoughts

  • Topics
  • Reviews
  • Newsletter
WittySparks / Business / Startups / 8 Reasons Why Dubai Is an Excellent Place to Start Business
Start your business in dubai

8 Reasons Why Dubai Is an Excellent Place to Start Business

Startups December 30, 2020 by Nishitha

Three decades back, Dubai was just a desert with a small population, and there was nothing extraordinary about it, but today, this sand city has transformed into something entirely new.

From world-class infrastructure to seven-star hotels, Dubai has so much to offer to its tourists and ex-pats. It has some of the tallest buildings globally, and its business park offers a lot of opportunities to business owners and entrepreneurs from all across the world.

Dubai has now become a global trading hub, which is why many entrepreneurs are so keen to do business there. In this article, I have mentioned a few reasons to help you understand why Dubai is an excellent place to start a business.

Let’s take a look on how to establish business in dubai:

Great Location

One of the biggest advantages that Dubai has is its location. It is located between Asia, Europe, and Africa, making it an excellent location for international trading, logistics, import/export, event management, hospitality, and tourism-related businesses.

Dubai is located in the middle of the UAE, and not only it has direct access to the sea, but it also has one of the biggest airports in the world. This helps businesses in Dubai transport goods from both sides of the world, giving them access to a huge consumer market. You also would not have to worry about catching long flights to other destinations when you are in Dubai.

No Taxation

Another benefit of starting a business in the UAE is that it allows you to escape many taxes that you might have to pay in your country. If you are looking to start a new business and want to make more profits by avoiding taxes, the UAE is the right option.

Almost all kinds of businesses are exempted from taxes like personal income tax, value-added tax, corporate tax, withholding tax, etc. However, businesses related to hotels, international banks, or fuel companies will have to pay certain types of taxes. So, if you want to start a business in this city, then it is time you start looking into Dubai offshore banking.

Residency Visa

Once you have started your business in Dubai, you will be eligible to apply for a residency visa and freely live in the country. This doesn’t not only apply to business owners, but it also extends to their families and their employees. Once you have got the UAE residency, you will be able to enjoy a lot more perks, like being able to open an account in a UAE bank or lease a new apartment.

You can also enter and exit UAE multiple times without any trouble. Another great benefit of having a UAE residency visa is that it will make it easier for you to get a visa for other countries. You won’t have to worry much about visa rejection from Schengen areas if you have UAE residency.

Seaports and Airports

If you are planning to start a new import and export business, then there can be no better option than Dubai. The city has one of the biggest airports and seaports in the world, and it gives businessmen and entrepreneurs access to more markets.

Having such facilities within the city makes it easier for you to move shipments, and you are far less likely to face any sort of time delays. It does not matter from what part of the world you are importing or exporting goods; you will be able to do it conveniently via Jabal Ali Sea Port. Dubai is an excellent place for this business that requires plenty of traveling.

A Safe City

One of the major things that makes Dubai an excellent place for doing business is that it’s a pretty safe city. If you want to run a business in Dubai and plan to move there for some time, you would never have to worry about security and safety. In fact, Dubai is one of the safest cities in the world as it ranks quite high on the Global Safety Index.

The crime rate is extremely low, and serious crimes like murder, physical assault, rape, and kidnapping are rare to none. Also, Dubai is considered one of the most politically stable countries in the Gulf, making it an excellent business place. You won’t have to worry much about market shifting due to political shifts.

Dubai Free Zones

If you want to set up an overseas business without partnering with a local agent or company and with full ownership, then Dubai is the place for you. In Dubai, there are designated areas that we refer to as free zones. The benefit of doing business in Dubai freezone is that you can do tax-free business without involving a third party in it.

However, there are different free zone for different industries, and you will have to set the shop accordingly. For example, if you are going to do a business in the education sector, you can start your business in Dubai Knowledge Village to avoid taxes and extra expenses.

Infrastructure

The infrastructure Dubai offers is remarkable, and if you are planning to do business there, you would never have to worry about finding a nice place for your business center office space in Dubai. New commercial facilities, buildings, and roads are being developed consistently, and everything is ready to move in.

Apart from its seaports and airports, Dubai also has a great public transport infrastructure, and getting from one point to another is quite convenient. UAE is ranked second in the quality of roads, third in air transportation, and fifth in seaport quality. According to WEF, UAE has one of the best infrastructures in the entire world.

Living Standards

Dubai is a place where you can do business and can enjoy a high-quality life of life. The living standards you can enjoy in UAE are second to none in the MEA region and are ranked 15th globally. According to the UN, the United Arab Emirates is the 14th happiest nation globally, which makes it an ideal place to live in.

Featured image source: Freepik (Affiliate Link)

Related Topics

  • What Are the Key Steps to Start a Business on a Budget?
  • 5 Affordable Tactics to Boost Your Startup’s Business Performance
  • Guide on Starting a Business in the U.S. as a Foreigner
Previous Post: « Everything about Stock Photos! The Best Paid and Free Stock Photos Sites to Use!
Next Post: Affiliate Marketing and it’s Best Practices »
Profile picture for Nishitha

About Nishitha

Co-founder of WittySparks
WittySparks Staff

I am done with my Physiotherapy Graduation. And I always try to share Health and technology tips with people. Apart from Physiotherapy and being a tech savvy, I do explore more on Technology side and I keep sharing my findings with wider audience.

View all posts by Nishitha

Primary Sidebar

Search

Exclusive Coupons

  • Moqups coupon code: WITTYSPARKS for 20% or PARTNERS50 for 50% discount.
  • WPForms coupon code: WITTYSPARKS for 50% off.
  • Serpstat coupon code: wittysparks_discount for 30% off.
  • SEO Buddy coupon code: WITTYSPARKS for 25% off.
  • Morningscore coupon code: wittysparks for 30% off for 3 months.
  • FlexClip coupon code: WITTYSPARKS for 30% off.
  • Uplead coupon code: “witty” for 30-day free trial.
  • FastestVPN coupon codes: WITTYSPARKS15 or WITTYSPARKS10 or Get up to 93% OFF.
  • Outranking.io coupon code: WITTYSPARKS50 for 50% off.

For more such offers visit our exclusive offers for SEO, Bloggers, Marketers and for Business owners.

Featured Productivity Software

Notion logo
Notion

Whether you’re a solo entrepreneur or a large team, Notion Workspace can help you stay organized and get more done. Get started today and take your productivity to the next level.

Try Notion for FREE

Footer

Affiliate Disclosure

If you make a purchase from WittySparks links, we will receive a small commission. See our Affiliate Disclosure.

Sponsors

Partnered with FreePik to use the licensed images.

turn to dhgate for smartphone

Follow Us

  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn
  • Instagram
  • YouTube
  • RSS

Copyright © 2023 · Hosting sponsored by Rocket.net (Affiliate link)

  • About Us
  • Contact Us
  • Privacy Policy
  • LinkedIn
  • Twitter
  • Like
  • Pinterest