Guide to Starting a Business in Dubai Are you interested in starting a business in Dubai but don't know where to start? The visionary government of UAE has pro-investment and pro-business policies, which continues to encourage foreign investors. Those who setup their businesses in the country are even offered good incentives. However, what stands out as the business hub is no other than the emirate of Dubai. Dubai is UAE's commercial capital. It offers a strategic location and a unique centralized time zone. It is said to be the most ideal place to setup a company, or open an offshore branch - and we'll give you the reasons why.
Reasons to Start Business in Dubai Growing diverse economy. Dubai carries the most successful economic performance within the GCC region. It has a stable financial climate, which helps businesses from startups to international companies, operate successfully. It was known in 2011 that their average annual inflation stood at a minimal 0.5 percent. Legal framework. Dubai became the first emirate within the UAE to open its property market to foreign ownership. The government has established an entirely different set of rules and regulations to foreign investors. This means procedures are fast-tracked. Manpower availability. The wealthy emirate has liberal labor policies. This makes it easier to recruit employees from almost any part of the world. Because of high wages and low taxes, most skilled individuals flock in Dubai in search of opportunities. Physical infrastructure. There is no shortage when it comes to excellent infrastructure and warehousing, office spaces, power supply, connectivity, and so on. Dubai dominates the cargo and reexport markets, because of the size and sophistication of its two ports. It is also home to two major airline carriers.