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Why You Should Setup Business In Uae- Decoded By Business Consultants
In the new world country that provides friendly circumstances for business to grow will thrive. UAE has always been one of the most loved business partner international businesses, yet it is not fully explored yet. According to business consultants UAE, as the world undergoes substantial economic change, it is time to take a look at key reasons why setting up a business in Dubai is a profitable idea:
• Strategically located: UAE is a bridge between Western and Eastern World. It is an amalgamation of geo-diversity. Its centralized time zone makes business smoother, giving easy access to over 2.2 billion consumers. Business consultancy services providers share that such strategic location is perfect for import and export business that wish to reach worldwide.
• Free zones: There are over 20 free zones for industrial, catering business and can be extended to other groups as well. Companies that are set up in such free zones enjoy 100% ownership with no interference. Besides, there is low to zero taxation on businesses here for international-owned companies; which is rare to find. Some of ...
... these free zone benefits are also available in Mainland UAE for some companies.
• Global lifestyle in Dubai: Setting up a business in a totally different culture can be very overwhelming if you have to alter your lifestyle drastically. Dubai is a global country with local values. The lifestyle followed here is very global from shopping styles to eating habits to socializing opportunities. This makes businesses to proliferate with their workforce easily blending in.
• Other advantages: A company offering business consulting for startups recently highlighted that UAE has multiple other pros that can benefit foreign-owned companies. Some of them are:
o 0% taxation in most cases
o Global infrastructure
o Low export duties
o Quickly evolving economy
o Strategic location on the world map
o Liberal labour laws, though they may change
Dubai is a destination that the whole world is eyeing once the fight with pandemic subsides. If you are interested in setting up a business in Dubai, connect with business consulting services UAE. Working with a business consultant can give you clear insight into all legal possibilities for your business to grow.
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