The United Arab Emirates offers a highly dynamic environment for entrepreneurs and businessmen. The continuously evolving market with an emerging economy is one of the top reasons why ambitious SMEs and world-renowned multinational companies prefer setting up a business in UAE.
However, if you still find questioning yourself read the article on why Dubai and the whole of United Arab Emirates is the perfect place to start your business.
Here’s why do you need to set up a Business in UAE?
Thousands of international companies, transnational corporations and holding structures carry out their commercial and economic activities in the United Arab Emirates. Known as one of the wealthiest countries in the World, UAE offers vivid economic benefits not just limited to huge investors but also to small and medium level enterprises. The economic structure of UAE is such that could motivate any businessman to setup a business in the region.
There could not be a more strategic and centralised location than the UAE. UAE is situated in the middle of the gigantic trade routes – Europe, Asia and Africa. Right from the ancient times, UAE has acted as a major trade route for these countries – offering import and export activities at minimum costs with benefits on duty and tax. With the expansion and modern transport system in the current era, UAE can connect the entire world.
The UAE is a developed nation, the country found its fortune after the discovery of oil reserves and fossil fuel. In the recent years, there has been a shift in the development module. The UAE is a major international hub for commercial activities. The country is also a leading trading and tourism sector. Moreover, huge foreign investors that flock contribute immensely towards the large-scale projects creating active development and expansion in the UAE
The Seven Emirates
The UAE is an amalgamation of Seven Emirates – Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah. Each of this Emirate is ruled by a separate ruler giving the leverage to them to form various administrative units. Every unit specifies its own unique features and benefits on conducting a business activity. Some are more suitable for one trading or shipping business activities, while others could have more favourism towards tourism industry. However, it completely depends on the nature of your business setup.
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Setting up a business in UAE offers you global exposure and perhaps can be more rewarding monetarily. However, running your UAE business setup is a continuous process which can be challenging.
So, before you invest your time and life savings into your business idea, Contact Shuraa Business Setup to fully understand what it takes to be a successful business owner in the UAE market.