Why to set up Business in UAE? ( THE LAND OF OPPORTUNITY)

Mar 29, 2021

To start any business one need resources (financial resources, energy resources, human resources), Infrastructure, Transportation, Buyers and above all secure and safe place. 

Let’s know a little about UAE –

Despite its strategic location, the UAE back in 1971 was almost isolated from the rest of the world. With its shoreline stretching hundreds of miles, it had very primitive ports and virtually no roads connecting it to the neighboring countries. Just a few decades ago, going to or leaving the UAE was one of the most difficult things for any traveler. They had a dusty runway for the whole country that handled an average of one flight per week. But now they have the most modern and busiest airports in the world and seaports and ports facilities so huge and modern it almost won the contract for handling the operations of one of the busiest American ports. The most unique thing about the UAE is that it transformed itself from the most isolated country in the world to one of the most developed countries in the world. Hundreds of events are held every week and Formula One is held once a year. The UAE has become a melting pot of different cultures. Mind you, majority of the people are not Emiratis. And just   on 2nd Dec 2019, the United Arab Emirates celebrated its 48th  National Day. Being founded only four decades ago, it is one of the youngest countries in the world.

 

More Options in UAE -

Choose emirate for your Business as per your Financial Resources , UAE is a creation of union between seven emirates and all the seven emirates have all the facilities to start a business but to set up business in Dubai  and Abu Dhabi is pretty expensive than northern emirates, hence it’s a necessity to understand the economy of the Emirate, and here the role of Trust Genic who will guide you the best location as per your available resource and by forecasting future prospect of the business.

Along with the options in the economy in different Emirates, to start a business UAE has following reasons to start a business-

Security - UAE is free from communal riots, aggressive demonstration, agitations. UAE has best of police service and security and because of this UAE has hold 5th position in Asia-pacific countries, as per Pinkerton Risk Index report (Pinkerton is the leading provider of risk management services). The report also revealed some more positive points about human safety in UAE like UAE has the lowest incidence of tuberculosis and also lowest per capita natural disaster deaths.

Logistics and Infrastructure - Due to its geographical location UAE is considered to be he gateway of the world’s most progressive market, including India, Africa and China. UAE enjoys the position of a significant player in International trading and Transport.

 

Connectivity -   Even though UAE is made up of seven emirates, all the emirates are well connected via road with each other and within an hour we can travel  from one emirate to another.

Resources  -  UAE is a country which give  large space  and diverse expat  population of more than 200 nationalities hence UAE is rich not only with financial and energy resources along with it, UAE  has highly qualified skilled professionals.

TAX – Free Country – UAE will  certainly remain tax –free in many ways  even after implementation of VAT 2018.

 

To know more on options, how and which emirate is best fit for your business,contact us today we have highly professional and passionate team who will guide you to be an entrepreneur and own your business in UAE - THE LAND OF OPPORTUNITY.

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