Dubai is one of the top business destinations attracting investors from all around the world. From start-ups to large enterprises, every business is leveraging the benefits of company formation in Dubai and witnessing significant growth in business. Over the past few years, more than 200 thousand companies are registered in Dubai leading to a strong economy.

Wondering how to establish your business in 2020? Then check out these reasons to know why you should consider your business setup in Dubai in 2020.

Growing Economy

A stronger economy will help your business grow faster. As thousands of business owners are investing in Dubai every year, the economy will also grow significantly. Moreover, Expo 2020 will have a major impact on the UAE's economy, which is expected to increase by about 2.6%. The increased economic growth will amplify revenue and profitability creating great opportunities for both mainland & freezone business setup. 

Visa Benefits

According to a recently passed law, the expats can extend their UAE residency visa after they retire. This enables long-term commitment and encourages older entrepreneurs for their business setup in Dubai and remains in the UAE after retirement. However, the visa processing for younger entrepreneurs and for their families and employees is easy if you approach a business setup consultant in Dubai like The Executive Lounge Business Center.

Dubai Expo 2020

Expo 2020 is the most awaited by several entrepreneurs from all around the world as it is anticipated to create exciting business opportunities across various domains. The tourism, food and beverages, hospitality, logistics and transport, financial, retail outlets, and real estate industries will be the top economic growth drivers. About 25 million visitors are expecting to the Expo, which is a great opportunity for your company formation in Dubai.

100% Foreign Ownership

The UAE government is allowing 100% ownership of the business in recent years, which is favourable to the emerging small businesses. This enables ease of doing business in Dubai and gives you full control of a business. Earlier, 51% of ownership should be held by a local sponsor. This was the major concern of several entrepreneurs for their business setup in Dubai. But now no need to worry about the 100% ownership of your business.

International Trade Opportunities

Dubai is the favourite destination for global entrepreneurs. It frequently hosts international exhibitions and trade shows, which bring business owners from around the world in one place. For both the mainland & freezone business setup, Dubai provides an excellent platform to network with global companies and creates more opportunities to grow.
Hassle-free Company Registration

Company formation in Dubai is simple if you are well aware of the procedures to start the business. Hire a business setup consultant in Dubai to get approvals and licenses easily and start your business operations quickly. 

Tax Benefits

The major reason that most entrepreneurs prefer their business setup in Dubai is the tax-free environment. Therefore, if you set up business in Dubai, you will be exempted from corporate taxes.

 Immense Business Opportunities

From tourism to real estate, Dubai supports almost all types of business activities. It welcomes millions of visitors every year and gives immense opportunities for businesses to grow. Hence, Dubai remains the ultimate destination for both mainland & freezone business setup.

2020 is the best time to start your business in Dubai. Call us today to make your dream come true. We are a leading business setup consultant in Dubai helping business owners to establish their company in the UAE. Whether it is a mainland or free zone business setup, we guide you throughout the process and make sure that you start your business smoothly. We also provide you premium office spaces at affordable prices.