Dubai is one of the seven emirates in UAE located along the coast of the Persian Gulf. It is a city which has come across as the most favourite destination for Business start up or movement and relocation for expats and people who are looking for a good lifestyle. Check out, why you should do business setup in Dubai?
The factors that fascinate the entrepreneurs to do business setup in Dubai:
-
Lavish Sites & lifestyle
Dubai is one of the most attractive tourist places. It has beautiful sites and great infrastructure. Maintaining a good lifestyle here is not that expensive as compared with European cities. The city has a good healthcare system and a good education system as well. These are the reasons why people from Europe and other countries are eager for business setup in Dubai & also they move their families to the land of opportunities.
-
Opportunities for Entrepreneurs
Entrepreneurs from different countries move here because Dubai offers opportunities to them by providing different flexibilities and relaxations in policies and legislations. Government listens to the needs of the new businesses, make changes in the legislations and supports the entrepreneurs. On the other hand in other developed countries there are boundaries and restrictions to start or operate a business.
-
0% Corporation Tax & 0% Income Tax
Dubai is a tax free city. There are no Custom duty restrictions & foreign ownership restrictions. You just need to pay the license fee to start a new business in Dubai which creates opportunities to earn more in fewer expenses. This is the most fascinating fact about Dubai that attracts expats to invest here and start or relocate their businesses here for generating high ROI.
-
Safety
It’s a safe city to live in. Hardly any crime happens in the city due to its strong legal system.
-
Easy Process
The process to start business in Dubai is very simple. Entrepreneurs don’t need to visit physically to UAE for business setup in Dubai. Now get your business license on your email without visiting Dubai, UAE.
-
Infrastructure
Dubai has world’s best infrastructure. It has excellent transport system, best ports across the world, well maintained roads, Beautiful buildings and fascinating places to visit for tourists.
-
Location Benefits for international Business
UAE lies in the middle of Asia, Europe & Africa. UAE has a strategic location among the worldwide countries which is very much significant for accessibility from different countries when it comes to trade.
Misconception about Life in Dubai
There are certain myths about Dubai and life in Dubai which needs to be cleared out.
-
Dubai is a Country
It’s a myth that Dubai is country. Its a city in UAE and one of the seven emirates in UAE.
-
Following Islamic culture is a mandate
It’s totally a misconception that in Dubai Islamic culture is mandate. In Dubai people from different countries and religion live together and are free to follow their own culture. All the religions are treated with respect & amalgamation of different cultures is the beauty of this city.
-
Women needs to wear Abaya
It’s also not true that women have to wear abaya in public places. It’s totally their choice to wear it or not.
-
No Alcohol in Dubai
It’s a misconception that consuming alcohol is not allowed in Dubai. You cannot drive when drunk. If you are found creating nuisance in public places after consuming alcohol then you will be put behind bars for such offense. Such restrictions are required to maintain peace and discipline within the city.
-
Freedom to speak or express
People think that UAE government does not give freedom to speak or express views and emotions. That is not correct at all. UAE Government is liberal for all the nationalities and welcomes suggestions and initiatives of expats. Just the unethical activities like abusing, threatening, disgracing anyone is not allowed here. But such restrictions are required because in Dubai people from different nationalities and cultures live together and there are possibilities to have tiffs and disagreements in between them and things can be out of control if everyone has been given rights to speak anything against anyone.
-
Safety is a concern here
It’s a myth that Dubai is not a safe for expats and foreigner. Its considered to be one of the most safest cities across the world. It follows strict rules and regulations for crimes. This is the reason why ratio of criminal activities is least as compared with other developed countries or cities. If you talk about other safety concerns like wars, health sector and risk of natural disaster along with personal security then UAE is ranked 2nd after Iceland amongst all the countries worldwide.
-
Climate is not good for living here for long time
There is a misconception about climate & weather conditions of Dubai that people living here have to face scorching hot throughout the year and the climate is very hot & unpleasant here. This is not right at all because there are only 4–5 months which are hot here where temperature goes high but other than that in rest of the months you enjoy pleasant weather where you can see rains and cold weather as well where temperature goes below 15 degrees as well .
Dubai a city with all the amenities and facilities, So you don’t have to face heat outside as you are working in good environment in a good office and travelling in AC car and residing in a comfortable accommodation. It has got one of the best infrastructures amongst all the developed cities .
-
It is an expensive city
People think that its a lavishing city and therefore is not suitable to relocate because of its high cost of living. This is not true as there is bifurcation in expensive, affordable and even cheap accommodations and even in lifestyle also. It’s up to you what u chose as there are showrooms with luxury brands also and markets for affordable and good quality goods as well at the same time. You can dine in with expensive restaurants also and have a great quality, authentic Middle East cuisine in affordable restaurants as well.
-
Language is a barrier for expats
Some people think that knowing Arabic for living in Dubai is necessary which is not the scenario. In Dubai 85% of population speak in English. So, English is the most common language in Dubai. Even though if you are looking for any employment in Dubai then knowing Arabic can be an advantage but you don’t face any difficulties in communicating with people over there.
Conclusion:
So, after going through all the facts about life and Opportunities in Dubai, Its pretty much clear that Dubai is the ideal location for anyone who is planning for Business start up or expansion and for those who are willing to relocate for a better lifestyle. UAE has emerged as a leading country in business startup & expats find it more fascinating to start up a business in Dubai specifically because of many factors which keeps Dubai above all the other developed cities. These factors include the benefits from its strategic location which is apt for connectivity with other countries for promoting international trade, liberal policies of government for expats to motivate them to invest and grow, hassle free and tax free business start up procedure , economical in terms of maintaining a commendable lifestyle, great amalgamation of different cultures and religions where there are no restrictions, and freedom to speak and express.