Why Dubai is such a great place for business

When you think of Dubai, it conjures up images of perfect weather, beautiful beaches and modern resorts. While this UAE country may be a top holiday destination, it’s also great for business.

Not only has Dubai transformed itself into a global trading hub, it also boasts a diverse economy which is made up of businesses in a number of sectors including trading, import, hospitality, tourism, construction and financial services to name a few. What exactly makes this beautiful country such a great place to do business however?

Great location

If you’re a global corporation, you can’t get better than Dubai when it comes to location. Sitting between Europe, Asia and Africa, it’s the ideal place for international trading, import, export, logistics and tourism. As well as being strategically placed, with a coast that stretches 400 miles, visitors can benefit from access to the sea as well as one of the largest airports in the world.

You don’t pay tax

Because Dubai applies a no taxation policy to almost all types of business activities, this makes the country a very attractive prospect. You don’t need to pay a number of taxes in Dubai including personal income tax, capital gains tax, VAT, withholding tax and corporate tax. There are a few exceptions to this however – international banks, hotels and major oil and gas companies do still pay tax even if they’re based in the country. Companies such as Europe Emirates Group will be able to discuss the best options for your business if you are considering moving to Dubai.

It’s safe

Safety is always a concern when it comes to travel – especially if you’re frequently abroad for business and don’t know certain countries very well. According to a report last year by the World Economic Forum Dubai is one of the safest places in the world to live! To view the findings, follow this link: https://www.weforum.org/reports/the-travel-tourism-competitiveness-report-2017

Not only does Dubai enjoy one of the lowest crime index’s in the world, the UAE is considered to be among the most politically stable in the Middle East.

Fantastic infrastructure

Residential, tourism, industrial and commercial facilities have been built on a large scale and to a very high standard over the last decade in Dubai. As well as being spoilt for choice for great places to house your business, you can also benefit from new roads and an efficient public transport system. According to the Travel and Tourism Competitiveness Report, Dubai’s infrastructure is in fact one of the best in the world. It was voted second when it came to the quality of its roads, third for air transport, fifth for port infrastructure and eight for its ground transport network.

It’s easy to recruit

Thanks to its liberal labour policies, businesses based in Dubai can recruit candidates easily and cost-effectively from almost anywhere in the world. With perfect weather all year round and no tax to pay, it’s hard to imagine that companies struggle to find willing volunteers to fill their vacancies.

It’s offers a great lifestyle

Ranked as the top Middle Eastern city in Mercer’s Quality of Life Index, Dubai has become one of the world’s most preferred expatriate locations.

As well as being home to the world’s tallest building, the largest man-made marina and the most luxurious hotels, Dubai’s vast tourism infrastructure means that residents and visitors can make the most out of the shopping experiences on offer which includes exclusive boutiques, value chain stores and some of the world’s leading retailers.

If you’re still not convinced as to whether or not Dubai is a great place for business, read this article on the Forbes website: https://www.forbes.com/sites/elizabethmacbride/2016/03/31/9-reasons-dubai-could-be-21st-century-capital/#74fe7c945b23