Dubai is one of the most important cities in the world. It is located in the United Arab Emirates (UAE). The city has a population of more than 2 million people and is considered one of the most attractive places for foreign investors due to its high level of security and stability. The UAE is a highly developed country with an excellent infrastructure, a strong legal system, a global reputation for efficiency, and excellent trade links with many countries.

1. DYNAMIC BUSINESS OPPORTUNITIES
   Dubai has developed dynamic business potential as a result of its focus on earning non-oil revenue, adoption of blockchain technology, and business-friendly atmosphere. Additionally, boosting innovation-based companies and the technology sector has increased the scope of business setup in Dubai, United Arab Emirates.
2. LOW COST OF DOING BUSINESS
   According to recent reports, the Dubai Chamber and Strategic Affairs Council have thought about lowering the cost of doing business in Dubai. According to the report, the authorities would investigate the issues raised by high costs and come up with appropriate solutions. Dubai wants to promote a business environment that offers streamlined legal processes and economical solutions.
3. 100% OWNERSHIP TO SME’S
   In a bold step, Dubai SME intends to grant SME firms 100% ownership. For inventive business owners, a new regulation for “Incubators & Business Accelerators” was announced. Entrepreneurs can therefore apply for an incubator business license, and after reviewing the viability, the sponsorship requirement will be dropped.
4. VAT IN DUBAI
   The taxation system in Dubai may be a new concept, nevertheless, VAT in Dubai is a boon to businesses. Value-Added-Tax may seem like an additional expense, but it is reimbursed in the chain of supply. Moreover, with the implementation of VAT boosts the country’s welfare systems providing more scope to business start-ups in Dubai.
5. OPEN TRADE SYSTEM
   The Open Trade System is another factor that encourages investors to launch a business in Dubai. Due to Dubai’s membership in the World Trade Organization, new businesses have the security of stable trade connections and access to global markets. Dubai actively engages with major economies throughout the world, including those in Europe, North America, and most of Asia and Africa. Due to its location at the crossroads of the continents of Europe, Asia, and Africa, Dubai also promotes open economic relations.

0% Income tax and 100% Foreign ownership

So, if you intend to start a business in Dubai or anywhere across the UAE contact SocieteDubai.com for Business Setup in Dubai, UAE.

SocieteDubai.com is one of Dubai’s top service providers for Business formation and Company setup. Our knowledgeable business consultants assist you with every step of Company creation, Business registration & licensing, Office space search, PRO services, and much more.