The advantages of setting up business in Dubai are that there are laws in place that make the city conducive for investors. Potential investors are assured of 100% ownership of their businesses if they are located in the free zones. No foreign exchange controls are in place, aside from the regular quota and trade barriers. Many products are also exempted from import taxes, or if there are any only a minimal amount is being charged.
The government’s vision of Dubai is to further expand its service oriented industry. This means that as a foreign investor you are assured of full support from the government of Dubai. The government sees to it that the business environment is non-restrictive and as liberal as possible.
The infrastructure that makes business grow is already in place in Dubai. Proof of this is the numerous business towers being developed in the region and the numerous free trade zones being backed up by the government. Foreign businessmen would not have a hard time communicating in Dubai since the English language is widely spoken here. A competent workforce is also readily available which could easily be tapped.
The strategic location of Dubai in the Middle East is also a major factor in why businesses should have their headquarters here. It has become a major port of commerce for big markets like India, South Africa, Central Asia as well as the Middle East. |