Why start a business in the UAE?

Many multi-millionaires have grown their wealth by starting a business, regardless of how big or small. Whether you are an entrepreneur aspiring to build your business empire or you are already an established investor from overseas looking to expand globally, the UAE offers many benefits and incentives.

The following points show why you should choose the UAE – the heart of the Middle East – as the (new) home of your business.

One of the first few things you have to consider when starting a business are the tax laws and regulations in your chosen location. Fortunately, the UAE offers 0% corporate and personal income tax, as well as a minimal VAT rate of 5%.

In addition to these tax benefits, free zones in the UAE (special economic jurisdictions) offer customs duty exemptions on imports and exports. The UAE has over 50 free zones located across the seven emirates of Abu Dhabi, Dubai, Ajman, Sharjah, Fujairah, Umm Al Quwain and Ras Al Khaimah.

The UAE may have been a leader in the oil and gas industry for many years, but it’s considered an open and diverse economy, with thriving sectors such as high-technology, international tourism, real estate, manufacturing, financial services, logistics and transportation. Also, the UAE has become a home for startups and international companies, especially those who want to cut costs by shifting bases or opening an offshore division.

The country continuously flourishes, considering its stable inflow of foreign capital, high income per capita (USD 43,470 in 2019) and a high annual trade surplus. It has an economic freedom score of 76.9, ranking 14th in the 2021 Index of Economic Freedom, which measures a country’s freedom to trade, invest and do business, as well as its tax duties, judicial effectiveness and property rights.

Every entrepreneur knows that location can greatly contribute in making or breaking a business. The good thing is, the UAE is strategically located, with 1/3 of the world’s population within a 4-hour flying distance and 2/3 within 8 hours, giving you easier access to Asia, Europe, the Middle East and Africa.

If you build and/or supply products to the market, the UAE has built good trading relations with China and India, two of the popular sources of raw materials that also offer limitless trading opportunities.

The UAE government has made sure that investors would find it easy to run their businesses in the country by investing in infrastructure and setting the bar high for transportation amenities (i.e. airports, ports and buses), road networks, railway system, utilities, internet speed, business centres, warehouses and office spaces.

For one, the Dubai International Airport is one of the world’s busiest airports by international passenger traffic, while Jebel Ali ranks as the world’s 9th busiest port, the largest manmade harbour and the biggest and busiest port in the Middle East.

In addition, the UAE ranked 7th in quality of roads infrastructure, and 12th in infrastructure pillar, as per the Global Competitiveness Report in 2019. Hence, if you’re setting up a company in the UAE and you’re looking for a location that wouldn’t disappoint your potential clients and would make working more comfortable for your employees at the same time, the Emirates got you covered.

Employees are assets to a business, and with the UAE population’s literacy rate of 92.5%, the country’s workforce can surely deliver. The UAE is also a favourable country for employees and employees alike since it provides competitive wages and, as mentioned, has 0% tax on personal income. Even people from different parts of the world fly to the UAE to work. The country hosts over 200 nationalities who have made the UAE their home, enjoying a high GDP per capita and a high quality of life in one of the safest countries in the world.

So, if you are looking for people who can help your business grow, you can rest assured that the UAE has a wide and diverse talent pool for various skill and knowledge requirements.

Despite having federal rules for setting up a company in the UAE, each of its seven emirates has their own set of additional regulations and legal procedures for establishing a business. Their common ground, however, is that the procedures can be done quickly, and there’s minimal to zero paperwork involved. The processes for registration and licensing are also very straightforward. For example, setting up a free zone company can take only around seven working days.

The UAE allows foreign entrepreneurs and investors to own and operate 100% of their businesses in free zones, as well as to send back 100% of their capital and profits to their home countries. However, in the mainland, the UAE requires companies to have a local sponsor or a local service agent for some types of businesses.

Business setup specialists like ExpressPRO offer a unique corporate nominee sponsorship service, which allows foreign investors and entrepreneurs to retain 100% beneficial ownership, as well as 100% control of their operations and finances.

The mid-year 2020 Crime Index by Numbeo ranked the UAE as the third safest country in the world. This is a great advantage for businesses, especially if the enterprise requires 24/7 operations, or if your employees need to work at night as well. Also, the UAE has always had a politically stable environment, which has a huge impact on the economy because of its influence on investor and consumer confidence. Furthermore, Bank of America/Merrill Lynch listed the UAE as one of the most immune countries to political risks in the Middle East, Eastern Europe and Africa in 2020.

The business atmosphere in the UAE is considered as one of the most favourable in the Gulf Cooperation Council (GCC) region. In fact, the country ranked 22 in the overall Best Countries rankings by the U.S. News in 2020, placing it ahead of some powerful countries such as Ireland, Russia and Greece. The list considered various metrics including agility, entrepreneurship, openness for business, quality of life, power, cultural influence, movers, social purpose, adventure and heritage. This alone speaks volumes about the advantages you can get by setting up a business in UAE.

Are you determined to start a company in Dubai or any other region in the UAE? Great! Reaching out to ExpressPRO will make the business setup, registration process, and licensing quick and affordable. If you’re already done with the startup phase and you need help in expanding your business, we’re also here to assist and provide business support services.

Set up Your UAE Company with ExpressPRO

Please fill out the form below so our team can get in touch with you and guide you through the complete process.

Blog form

Top 5 Booming Industries to Launch Your Dubai Business Empire in 2024

March 21, 2024

Dubai. The City of Gold. A glittering metropolis that’s become synonymous with luxury, innovation, and sheer ambition. But beneath the towering Burj…

Why a Sharjah Trade License Might Be a Great Option for Your Startup Success?

January 2, 2024

Are you a budding entrepreneur looking to tap into the UAE market? Sharjah might be your golden ticket. Being the third-biggest emirate,…

Understanding the Core Factors Leading to Business Failures in Dubai

January 1, 2024

Dubai, the city of gold, is quickly becoming a hotbed for many international businesses and entrepreneurs, with many multinational giants from around…

sticking

Get Guaranteed AED 2,000

For Every Successful Referral Only With ExpressPRO

Mohsin Khan
Mohsin Khan
15:52 18 May 24
First of all thanks to Express PRO to have a man like Mr.Rohit I know he is giving me the right direction towards reaching my dreams. He is very professional, friendly, helpful and no matter how many... times I ask question they never failed to answer my concern and explained all the details that i need. I would strongly recommend their service if you want a better future here in Dubai. No words can explain how lucky I am to find a consultation company Expess Pro like this. All transaction were smooth and easy. Thank you again Mr.Rohit for all the help.They are truly knowledgeable, skilled and has empathy throughout the process. No doubt, the company’s success and the recommendations of their clients speaks for itself.read more
Sajjid Patel
Sajjid Patel
14:12 17 May 24
Rohit provided a very quick and efficient service to help us renew our company license. A big thanks to Rohit and the ExpressPro team for their thorough professionalism.
Muhammad sarfaraz uddin
Muhammad sarfaraz uddin
12:02 16 May 24
I recently contacted ExpressPRO to set up my business in Dubai and I couldn't be happier with their service. The entire process was smooth and efficient, thanks to their professional and... knowledgeable team. They guided me through every step, from company formation and trade license acquisition to opening a bank account.read more
Plat E
Plat E
07:51 14 May 24
This is the first time we setup business in Dubai. The business setup was done smoothly. When we moved forward to the visa processing, initially the information given to us was not been communicated... correctly by another department. Hassan had demonstrated his professionalism to make the process done in proper manner. Despite some delays in the process, which were entirely outside of Hassan’s control, he managed to navigate these challenges with grace and persistence. He helps us to solve all the problems and ensure everything was in order, his efforts did not go unnoticed. We highly recommend him for his outstanding service and dedication to his clients. Thank you once again for your helps!read more
Oriane International
Oriane International
08:00 07 May 24
Prompt reply and coordination and excellent services by Irshad Ismail. He assisted very professionally and helped me to get my license on time.
黃愛麗
黃愛麗
07:55 24 Apr 24
I am very lucky to met you, Hassan. Throughout the entire application process, I encountered issues like my name being written in reverse order, even during the medical check-up, you were online to... answer my questions in real-time. You were attentive to my worries even on weekends and during the Ramadan period. When Dubai faced its first major flood in 75 years, I still received your immediate response. Your dedication is truly commendable.The process for obtaining residency in Dubai is now longer due to the increasing population influx. Fortunately, applying through ExpressPro has been a breeze - fast, efficient, professional, and with prompt responses that provide peace of mind. I highly recommend this company. Once again, thank you, Hassan. May Allah bless youread more
Mj Tolentino
Mj Tolentino
13:45 23 Apr 24
As for my experience with the Express Pro company, they were very prompt in sharing updates of what is happening and the progress of documents.Double thumbs up to Mr. Paul's assistance on making... things happen at the promised certain time. We made the right choice coming to you and Thank you for your support. All the best to Express Pro.read more
Sheen Gurrib
Sheen Gurrib
10:02 22 Apr 24
I had such a smooth and quick experience. Hassan was so helpful, always keeping me updated and making sure it was done super fast! Strongly recommend!
Alessandro Nadalin (Alex)
Alessandro Nadalin (Alex)
13:06 08 Apr 24
Decided to process some of the visas in our family through them, they were extremely helpful and got everything done easily 🙂 I would gladly recommend Mahmoud Hafez, who we worked with
Erika Matullano
Erika Matullano
12:05 03 Apr 24
I recently had the pleasure of utilizing the exceptional services of ExpressPro for my business setup in Dubai, and I must say, it was an outstanding experience from start to finish.Professional and... Knowledgeable StaffI want to extend my heartfelt gratitude to Mr. Paul Pasumbal, whose exceptional patience and dedication made the entire process smooth and hassle-free. His prompt responses to all my queries, unwavering support, and expert guidance were truly commendable. His in-depth knowledge and willingness to go the extra mile exemplify the professionalism at ExpressPro.I also want to acknowledge Mr. Hassan and Ms. Girlie for their efficient handling of all my documents. Their expertise and attention to detail were instrumental in ensuring a seamless process.Efficient Business Setup and Legal ExpertiseExpressPro.ae demonstrated a remarkable level of efficiency and expertise in navigating the legal and administrative procedures related to business setup in the UAE. Mr. Hassan for emailing me all the forms needed for the processSeamless Company Formation ProcessThe entire team at ExpressPro, especially Paul Pasumbal, Girlie, and Hassan Ali, delivered nothing short of professionalism, helpfulness, and extensive knowledge throughout the company formation process. Their dedication and support were instrumental in making my entrepreneurial journey in Dubai a reality.Expert Advice and Exceptional SupportI cannot thank Mr. Paul Pasumbal enough for his unwavering commitment to addressing all my concerns and providing expert advice at every step of the company formation process. His wealth of knowledge and genuine willingness to assist made a significant difference in my experience with ExpressPro.In conclusion, I wholeheartedly recommend ExpressPro to anyone seeking business setup services in Dubai. Their exemplary team, led by individuals like Mr. Paul Pasumbal, Ms Girlie, and Mr. Hassan Ali, sets a benchmark for professionalism, expertise, and customer-centric approach. Thank you for making my entrepreneurial journey a seamless and gratifying experience.read more
Ibrahim MOHAMED IBRAHIM
Ibrahim MOHAMED IBRAHIM
13:02 19 Mar 24
very efficient and knowledgeable about procedure and how-to of the legal and administrations procedures in the UAE. Hassan and Rohit have provided me with excellent guidance for my company set-up and... employee legislation process. I clearly recommend them with no reserve.read more
Umair Khalid
Umair Khalid
09:57 19 Mar 24
It’s been a good experience.
See All Reviews
js_loader