Dubai has paved a great way to establish itself as the most thriving, ambitious, and fast-paced economy. It has become one of the top globally reckoned cities for business persons. It is where company formation in Meydan Free Zone comes to great help!
So, what makes this city so alluring for SMEs and start-ups across the world?
Let us now look at the 5 main reasons why Dubai is the best option to start a business in 2022!
- World-Class Infrastructure & Logistics
Dubai is known to have a rapidly-evolving socio-economic infrastructure not limited to its top-notch office and residential accommodations, robust links to transportation, along the enlightened financial servicing sector. It is listed as one of the top three countries for alluring infrastructure investments, making the formation of a company very easy.
- Well-Planned Location with Limitless Opportunities
The other great advantage that Dubai brings is that it is located in the middle of the world, allowing robust trade links to major cities such as London, Hamburg, Hong Kong, etc. Dubai has attained exceptional growth in trade over the years, hosting over 100 international trade shows each year. Taking part in these fairs will allow you to network with international companies exploring several opportunities without sacrificing your daily operations as a business base in Dubai.
- Low Taxation & Full Profits to Repatriation
Dubai is exempted from personal income tax. You can still gain from about 0% corporate income tax, repatriating from your profits without any restrictions irrespective of the kind of business entities you have set up apart from specific business sectors. It arrives as no surprise that it is the reason behind several foreigners deciding to set up businesses in Dubai. Living in Dubai is a great destination without any tax earnings as there are several leisure options to enjoy the money.
- Dubai Free Zones.
The Free Zone is a well-nominated tax-free zone where foreigners set up and perform businesses in Dubai with complete ownership without assisting a local agent or an Emirati partner. The company formation in Meydan Free Zone changes from one to the other, offering licenses in many sectors.
- Sea Ports and Airports
Dubai also consists of one of the massive seaports and an airport in the area. You will not feel any kind of difficulty in international consignments making logistics an easy business with global access.
