Dubai has emerged as one of the central locations to start a new business or expand your business. They offer some lucrative policies which attract business owners worldwide to open their centers. Here are the seven reasons to set up a business in Dubai.
1. Dubai is a Commercial Capital
Dubai ranks 15 in the world among the top global commercial centers. Being a rapidly growing commercial hub has perks, especially for new companies looking for a growing base.
- The geographical location in between economics of Europe and Asia.
- Excellent transport system
- Low taxation for new companies
- Commercial real estate options
- Dubai thrives on an oil-driven economy, offering a much more stable economic landscape
2. HUGE TAX BENEFITS
Foreign investors get substantial tax benefits. They were exempted from paying corporate capital gains and personal capital taxes. The VAT% in Dubai is only 5%, which is lower than most commercial capitals. Dubai provides 100% digital tax-free shopping. This attracts a lot of new companies established in this prospering territory.
3. SEAMLESS AVIATION CONNECTIVITY
For setting up a business, transportation is the utmost important thing. Dubai offers flight frequency and airport accessibility. That means more than 1000 weekly flights to every corner of the world and easily accessible international airports.
4. FRIENDLY BUSINESS SETUP CONSULTING
Dubai provides business consultants for regulatory measures and legal procedures. You must provide a passport, documents, and a suitable name for the business. From there on, business setup consultants like Clever Corp will help you with the registration, licensing, legal procedure, and any other certification you would require to set up a business in Dubai. Clever Corp will assist in covering every aspect, from filling in the registration name to becoming a silent non-acting partner. It also provides Free Residential visas, Bank accounts, and assistance on corporate.
5. ACCESS TO THE INTERNATIONAL MARKET
Dubai is a global commercial hub having its market all around. Players from almost all the domains and industries are present there. This is an excellent advantage for both- B2B & B2C businesses. There is always an increase in the business territory after Ranking 11th in the global index. With ports and abundant human resources, trading businesses find it easier to grow there. Dubai has efficient road and sea connections and relationships with other countries.
6. MULTI-CULTURAL AND MULTI-LINGUISTIC SOCIETY.
Dubai’s population comprises more than 70% of people from different areas. It’s home to over 200 nationalists. This makes setting up the business more accessible and much more socially fulfilling.
7. SMOOTH BANKING FACILITIES
Banking in Dubai is easy and smooth. For a company’s success, the availability of a suitable form of credit, accessibility of banks, and ease of banking is required. Dubai provides easy opening of accounts in international banks Tax-free. Hence, these are seven reasons you should set up business in Dubai.
WHY THE CLEVER CORP CONSULTANCY SERVICES?
Our services give you a customized solution focused on your particular business and market, and we design strategies that enable our clients to achieve continuous growth and scale sustainably. To discuss more in detail your business plan, reach us today to have a suitable solution for your business dreams. We at Clever corp hold vast experience and our expert advisors are round the clock at your service to understand your idea better and get them into reality. Contact us at +971586412031 or +97145804048 to discuss with our experts at [email protected].