When it comes to places one can invest as a foreigner, the United Arab Emirates (UAE) is one of the most excellent choices. For those who may be wondering why it is a good idea to start a business UAE, this piece is going to shed more light on the reasons.
Of course, there are many nations where one can invest as a foreigner but not many have the same packages that will attract investors to start a business UAE. If you are considering becoming a boss and starting your enterprise, here are seven outstanding reasons why the UAE should be the number one destination on your list.
The UAE has one of the most open economies not just in the Gulf region but on the planet. For decades, it has maintained consistently-high rates of economic growth. If you are interested and want to start a business in UAE, focusing on a location with a strong economy is the first step.
From Dubai to Abu Dhabi to Sharjah, the government of the UAE has put in place several legislations that are specially designed to make life as easy as possible for foreign investors. If you happen to be a foreign entrepreneur, this country is ideal for you. There are entire collections of laws made specially to cater to the needs of foreign investors.
To start a business in UAE will not generate the desired results if you do not have the right hands to sort your tasks for you. But that is not the case with the United Arab Emirates. This is because there is an abundance of skilled and even unskilled workers from all over the world located in the UAE. As a foreign investor, the least of your worries will be how to get dedicated, committed and affordable workers to help you run your business.
As an investor-friendly authority, the government of the UAE has ensured that foreign investors get to enjoy the best of amenities and infrastructure. From the mass transport systems to corporate spaces to health centers and countless business parks, this country is an unbeatable offer as far as investing as a foreigner is concerned.
Favorable Tax Policies
If you are going to invest in the United Arab Emirates as a foreigner, you are going to be a beneficiary of some of the most business-friendly tax systems in the world. For example, there are special tax-free zones where there are total tax exemptions.
Emiratis are known and beloved for being some of the most hospitable people ever. Having a business in a society with people who are welcoming to foreigners and everyone alike is a positive boost for any business brand.
Location is one of the most important things when looking for where to invest. As far as location is concerned, few places can be as good as the UAE. This country is located right in the middle of Africa, Europe, and Asia – the center of global trade.