In modern realities and with current opportunities, companies from all over the world often want to move their business abroad. This happens due to many factors — such as tax legislation, the most favorable climate, and living conditions.
The UAE is one of the most popular destinations for starting a business and the best among the Arab states. Nevertheless, there are some nuances and pitfalls that you should pay attention to if you decide to move your business to Dubai. In today’s article, we will talk about the top reasons to move your business to Dubai.
Taxes
This is one of the main reasons why companies decide to relocate their business to Dubai. The UAE has created favorable conditions for business development. Most companies are exempt from paying income tax, and the VAT rate is only 5%. You can register your business remotely or even in Dubai Virtual Commercial City.
Infrastructure
Dubai is a major transport hub with direct flights to many cities. It is very convenient for business trips. Moreover, if you are going to not only register your business in Dubai but relocate some of your employees there, you probably know how infrastructure is well-developed in Dubai. This applies to restaurants, malls, attractions, public transport, etc.
In addition, Dubai is famous for its luxury cars. You can easily rent one or more for your business purposes from one of the many car rental companies. You just need to open a website of a car rental company such as https://evolve.ae/type/luxury, choose the appropriate luxury car option, and place an order.
Climate
The UAE is a country where summer is all year round. Here you and your employees will feel comfortable. Superior service, bright sun, and warm sea – this is what everyone expects there. What can we say about the business relocation? Moreover, the working process will be much more productive when the sun is shining outside the window, and everyone is smiling instead of eternal rain and cold.
New Technologies
Megacities all over the world are turning into intelligent ecosystems. In Dubai, you will find a lot of the latest technological solutions that fit perfectly into city life. Automated waste collection and disposal, AI traffic management, energy-efficient buildings, and urban climate control – this is Dubai.
Loyalty
The Emirates government is loyal to business and investment. If you are ready to do business in the UAE, then all conditions to successfully implement your idea have been created for you. However, it’s worth noting that everything should be done honestly and transparently.
Serious checks await you when opening a bank account. If you don’t meet all the conditions the first time, it doesn’t make sense to apply to the same bank again. You also need to rent a physical office. Otherwise, you simply won’t be issued a permit. On average, you need to expect the registration process to take 2-3 months. But if you do everything right from the first time, you can quite successfully run your business in Dubai.
Security
Dubai ranks as one of the safest cities in the world. It provides residents with a peaceful environment in terms of political stability and the absence of crime. Medicine is at the highest level, which allows you to receive high-quality medical services and be calm about your health.
Wrapping Up
There are many benefits to doing business in Dubai. They are different for each company. But don’t forget the drawbacks, for instance, bureaucracy and the high cost of commercial real estate, which entails high prices for the final product. But if you weigh the pros and cons, identify your priorities and make the right decision, your business in Dubai will prosper.
We wish you the best of luck!
