Invest In Dubai, And Who Can Say You Might Ace The Business in 2020?
Contents:
1. Dubai Has Many Options for You
2. Choose Your Locations Per Convenience
3. The Support of the Dubai Government
4. Business In A Growing Economy
5. Absence of Personal Tax
6. Exposure to the Global Market
7. The Dubai Expo 2020
So, why one should invest in Dubai economy in 2020?
The economy of Dubai has grown exponentially in the past few years. It has grown in terms of business, especially.
Already always the City of Gold has been a mercantile hub, and a hotspot for sales of a multitude of items, ranging from luxury shopping to health tourism.
Millions of visitors come to the city to fulfill their needs, that is sometimes just a visit, and sometimes a dream.
So why is it a great plant to invest in Dubai this 2020? Have a look below-
1. Dubai Has Many Options for You
You basically just have to dream of having a Business in Dubai, and the City has already got the best tools in the world to make it happen.
It would not matter what kind of business you are seeking to get into- freelancing, part-time, full-time, start-up and even established, every type has its ground to thrive.
And the best part, opportunities range across sectors- hospitality, tourism, healthcare, and so on.
There are limitless possibilities when it comes to business setup in Dubai.
2. Choose Your Locations Per Convenience
Custom-design your profit plans, and even the cost of establishment and other nuances, since Dubai has more than one location to host your business.
It means, depending on the type of your business, its goals and market, you’re free to choose any location from free zone, mainland and offshore to set up your business.
In this way, you’ve actually got granular control on your business.
3. The Support of the Dubai Government
The introduction of the Smart Dubai Project alone has initiated more than 130 initiatives. It has grown ever since.
The Government of Dubai takes measurable and traceable steps to bring positive changes in the already developed economy of this Gulf country.
From supporting the private sector to enhancing the government, the Government of Dubai really cares for every business, and you will surely be benefited.
4. Business In A Growing Economy
Dubai has seen exponential growth in terms of GDP in the past few years.
The economy that was once strengthened and dominated by the oil and gas sector, is today supercharged by non-oil and gas sectors as well.
The growth has been all-rounding. The current 2.9 GDP is supposed to grow dramatically in the upcoming few years.
Your potential business setup in Dubai could be drastically benefitted.
5. Absence of Personal Tax
If the horrors of paying personal a tax have kept you apart for pursuing your dream business, Dubai is your and of dreams, undoubtedly.
As you’ve guessed by now, there is no personal tax for conducting business in Dubai. Only the VAT rule asks payment of 5% tax for corporate entities.
6. Exposure to the Global Market
Thanks to its strategic location, Dubai is easily one of the best markets for business setup.
Get path breaking opportunities to invest with foreign clients, Start with expanding to other Emirates before gradually expanding to the neighbouring countries like Qatar, Bahrain and Oman.
7. The Dubai Expo 2020
As much as 25 million visitors globally are expected to visit the massive, state-of-the-art event that is going to be held at Dubai- the Expo 2020
It could be your chance to get the exposure at the six-months long expo in 2020.
The mid-level company, startups and SME’s will be looked upon to give a boost.
