What does Dubai have to offer businessmen?

13 / 08 / 2020

Dubai is a real magnet for tourists and sophisticated travelers. Of course, the exciting beauty of the local culture, modern high-rise buildings going straight into the clouds, absolute cleanliness, air-conditioned public transport stops, amazing green areas in the middle of the city attract everyone. Businessmen, who understand how important the right environment is for business growth, also see benefits in this.

What does Dubai offer entrepreneurs?

1. Businessmen can easily use Free Economic Zones to open and run a business. Each Zone has its own distinctive features and allows you to maximize the benefits of business scaling. For example, the Jebel Ali Zone is distinguished by its relatively high cost and a longer opening process, but businessmen are still striving to open a business there. First, it builds a favorable reputation around you. Secondly, there is an opportunity to buy real estate not only within the FEZ, but throughout the United Arab Emirates.

2. If your activity is related to tourism, then you definitely need to open a business in Dubai. The annual tourist flow in Dubai is about 16 million people. This factor gives entrepreneurs unlimited opportunities for earning money in this area. The UAE authorities pay enough attention to tourism, since it is one of the main tools for diversifying the UAE economy, therefore, by choosing a tourist destination in Dubai, you will definitely not go wrong. It is worth noting that to set up a tourism business you will need to register a local company and have a local partner, but believe us, this is not a problem or an obstacle for business. Consulting specialists can help you solve the problem of finding a local partner without any problems.

3. Real estate, real estate and again real estate! Dubai is teeming with different types of investment properties, from economy class apartments to luxury gulf villas. Real estate prices in the UAE are lower than in Europe, but the return on such investments is higher.

 4. Banking institutions of the UAE are known throughout the world as one of the most reliable. The central bank controls the licensing process very strictly. There are a large number of both foreign and local banking institutions in the United Arab Emirates. Foreigners can easily open a bank account and assess the level of customer service.

5. Excellent infrastructure. To solve the problem with moving from point A to point B you will not have any difficulties. This applies not only to the territory within the country or city. The UAE has an International Airport with exceptional service. In the city, you have at your disposal a metro, in which tourists ride just like that, and which is considered almost a landmark of the UAE, air-conditioned buses, taxis and trams.

As a result, we can see that Dubai has all the conditions for a successful business and a comfortable everyday life.