If you are considering establishing an international business or a branch office in Dubai, there are many corporate setup services that are available for you to choose from. Dubai is a very vibrant international business hub, and arguably the world’s leading business and commercial center. It’s the largest city in the UAE and lies in the south-western corner of the country. Dubai is among the world’s top 10 fastest-growing economies, receiving the bulk of its revenue from various forms of business and tourism. The city boasts a stunning skyline that owes much to the structure of its buildings, which are made of unique materials such as slate, glass, concrete, steel, marble, and aluminum. A stunning natural setting, spectacular weather, well connected infrastructure, skilled labor, educated population, and good transport system are some of its many enticing factors that contribute to the success of any business establishment.
Many companies based in Dubai are looking for convenient locations for their trading hubs and business headquarters. Dubai has many business opportunities for international corporations, thanks to its excellent transport infrastructure, business centers, financial markets, and government support. The Dubai business market continues to grow with a lot of focus on improving the quality of life, promoting business, creating more jobs, cutting cost, diversifying into different fields, and reducing dependence on imported goods. These and other factors have made Dubai the destination of choice for many businesses both local and international.
As a result, it is imperative that before any entrepreneur starts applying for a license to open a trading operation in Dubai that they are provided with business and venture capital financing. This kind of finance is vital to help them meet the operational and marketing needs. There are many reasons why an entrepreneur would want to enter the business market in Dubai. One might be due to high rates of unemployment in the United States and similar situations elsewhere in the world. Another reason might be the desire for a stable economy where the government encourages private enterprise.
Another factor which drives entrepreneurs to Dubai, like dubai based investors, is because it is an offshore business center. That means that the rates of taxation a UAE company has to pay is far lower than what companies in host nations have to pay. This is another reason why so many uae based companies have established operations in dubai. Companies like these need to attract investors who have high disposable incomes. Dubai’s economy is also benefiting from lower oil prices, which means that jobs in the construction industry in Dubai are also promising.
The creation of a business and investment hub like dubai free zone attracts investors because it is an offshore company center. Companies that want to establish operations in this strategic location do not necessarily have to open an office in a country where they have an established business. They can simply purchase shares or other types of property offshore and then proceed to do business in Dubai. They only have to make sure that they get their payments in time, since the payment system in this emirate is quite transparent and reliable. This payment scheme makes it easier for foreign ownership of properties in Dubai.
The creation of business opportunities like investment hubs and formation of corporate houses allows investors to take advantage of both state-of-the-art commercial centers and a rapidly growing offshore business opportunities sector in one place. This makes it easier for entrepreneurs to set up their operations and meet their own needs. Once again, entrepreneurs will have to choose between doing business in a country like Dubai or not. Either way they have to take note of various business incentives and benefits offered by the countries they are eyeing. Once again, the choice is up to them.
