Henri Truman, Negosentro | Could Dubai Be The Best Place To Start Your Business? | The last three decades have seen Dubai change from a fairly small city in the desert to a thriving metropolis full of incredible seven-star hotels, sprawling, modern business parks, man-made islands full of luxury and fun, amazing infrastructure, and who could forget that there are also some of the tallest building in the world here? Dubai is an extraordinary place to visit, but what about when it comes to business? Should you bring your business to Dubai?
The answer for you may be yes. If you want your business to do well, to succeed and thrive, to grow and become known around the world, there are many things that you need to do, and picking the right location is one of them. Dubai could very much be the right location for you – here are some reasons why this may be the case.
Taxation
One of the things that Dubai is famous for is that there is no tax to be paid there. That means that businesses can make a lot more money since none of what they earn has to be paid to any government. How can this be done? Dubai is found within the United Arab Emirates which is known as being a wealthy area due to the links with oil and investments. This means that the government is able to fund its own works and has no need to ask its citizens or the businesses growing there for any additional money.
If you want your business to really become profitable, Dubai may be the place to locate it because those taxes anywhere else will soon add up. Remember, though, that if you decide to move countries at any time in the future, or if you want to expand into other territories, the tax will need to be paid and this should be taken into consideration when writing up a business plan.
Trading Opportunities
Due to its location and its reputation for excellent businesses, Dubai is in a good position to make some exceptionally fortuitous trades across other countries. In Dubai, you will find many people, and that is a lot of potential customers just waiting to see what you can offer them. If you get your marketing right in Dubai, you can very easily make a lot of money and gain a lot of customers almost overnight.
As well as this, Dubai is a hub when it comes to international trade shows and expos. These conferences are the ideal way to network with people from all around the world, and you can showcase what your business is able to do to help them. Being in front of this many people from many countries all at once is something that can be profitable for your business, and will mean that you have maximum audience numbers, which could put you at a distinct advantage. Utilizing the opportunities offered can be a surefire way to boost your business.
Visas
It’s important to get a visa in order to live in Dubai, but because it is such a business-friendly place, if you have a business set up, it could be easier to obtain a UAE residency visa. Once you have sorted a visa, it can make renting a property (for business or for personal use) much easier, and you can also leave and return to the country as many times as you need to. It is important to think of all the steps involved if you are planning to move your business to Dubai. Although there are benefits, ensuring you have thought of everything before making a move will avoid problems later on in the process.
Security
Dubai is ranked as a rather safe destination, with low crime rates reported. This could make setting up a business in Dubai a lot less worrying – entrepreneurs can even feel happy about bringing their families out to there to help them build a new life because it is a safe place for everyone to be.
Buildings
If you want to locate your business in an impressive office building, there are plenty to choose from in Dubai. It will depend on how much room you need and what your budget is, of course, but if you wanted to lease an office in a seven-star hotel overlooking the beautiful blue sea, then you can certainly do that. Even if you work from home, you may need to have meetings with clients, and this is where one of the hundreds of purpose-built conference rooms dotted around the city will come in useful.
The Free Zones
For those expats who aren’t interested in partnering with an Emirati agent to help them build their business, the free zones within Dubai are places where they can create their own businesses. It’s still tax-free, but they can do it all by themselves rather than needing some kind of sponsorship or partnership. This can make all the difference because finding such a partner can be difficult and, if the rule were enforced across the city, it could potentially mean that some businesses would never get off the ground in the first place.
Downtime
Dubai isn’t just about business; there are lots of fun things to do there too, and if you need some downtime away from work for a while, there are many activities you can choose from. If you are a foodie, then you can experience some of the most exquisite restaurants in the world, for example. There are water parks to run around in and massive shopping centers to enjoy. You might be looking for a sexy massage in Dubai or a new hobby such as pottery or running. Whatever you want to do, you can do it in Dubai.
When you’re working hard on starting your business, and then you’re working hard at growing your business, it can be easy to forget how important some rest and relaxation really can be. That’s why it’s important to find the right mix of work and play in Dubai.
