There is no denying the fact that Dubai has become one of the most popular business destinations in the world in a very short period of time. As a pioneer in encouraging foreign investors among the seven Emirates of UAE, Dubai government took a number of steps that helped the Emirate to diversify its economy by attracting international investors in many different sectors.
With unmatched facilities and highly favorable conditions for businesses, it did not take long for Dubai to become one of the most important business centers of Middle East. This is the reason that today you will find regional offices of countless international organizations in Dubai. Yes, Dubai was also one of those markets that faced huge impacts of global economic crises in year 2008. However, with quick corrective measures and sensible financial policies, Dubai successfully recovered its economy from the onsets of global recession. In addition to that by winning the bid for hosting Expo 2020 Dubai reassured its commitment and determination to provide exceptional business opportunities to foreign investors so that that can make more investments in its market successfully. This is the reason that there are more international investors interested in starting a business in Dubai today than ever before.
It truth be told, you can reap a number of benefits by opting for Dubai to expand your business in MENA region or starting a new business setup. One of the first and most important advantages of doing business in Dubai is that you will enjoy doing business in a stable economy. Dubai ranks high in the list of countries with better purchasing power which will help in the speedy growth of your business. Moreover, business friendly policies and strong political and business environment will provide you a peace of mind to operate your business smoothly. How can we forget to mention low tax rates that help businesses achieve their business goals effectively.
In case, you are interested in offshore company registration in Dubai, then you will be very glad to hear that Dubai government has established a number of industry based Free Trade Zones in the Emirate for international investors who want to expand their business in different countries. These free zones are not only duty free zones but also offer unmatched facilities and tax relaxations that you will not find in any other market of the region.