Reasons to Start your Business in Abu Dhabi
During the past years, the UAE has been of the top countries in the world attracting foreign investors and business entrepreneurs. Almost all of the country’s emirates offer flexible policies and endless opportunities making it easy for investors to start their businesses and grow it quickly. However, investors tend to go directly to Dubai when taking the decision of setting up a business in the UAE. And while Dubai is with no doubt a perfect destination to start your business, we always recommend that you consider other emirates in the UAE and review other opportunities to know what would be best for your business.
Abu Dhabi for example, is one of the top cities that you can start your business at. Abu Dhabi is the capital city of the UAE, and is the wealthiest of all emirates. Abu Dhabi provides endless business opportunities to investors making it easy to build your business and make it succeed. The reasons that make Abu Dhabi a perfect business destination are countless, starting from its strategic location, financial policies, and easy business procedures. This article is to explore some of the reasons that make Abu Dhabi a suitable destination for business set up.
Both Abu Dhabi and Dubai rank among the top 25 financial centers in the world in term of their competiveness. In addition, Abu Dhabi’s Economic 2030 vision which aims to transform the economy in Abu Dhabi, makes it a more perfect destination for different business sectors including metals, aviation, tourism, healthcare, education and telecommunication sectors to mention a few.
Starting your business in Abu Dhabi will let you enjoy a lot of flexible financial policies. This includes 100% business ownership and 0% income taxes. In addition, there is no minimum requirement for company set up. Moreover, setting your business in a free zone in Abu Dhabi will let you enjoy many economic benefits including 100% import and export tax exemptions and 100% reparation of capital profit. Also, in a free zone, you will be able to find support with labor recruitment and finding a place for rent.
Location and Lifestyle
Abu Dhabi lies in a very strategic location between Europe, Africa and Asia making it a perfect destination for trade. In fact, Abu Dhabi is only 5 hours from 25% of the world’s population. In addition, Abu Dhabi has a safe and stable work environment, and a high quality lifestyle. The city is considered the best city to live in, in the Middle East and is known to be one of the safest cities in the world.
In conclusion, the UAE in general is one of the best places where you can start your business. However, as attractive as some emirates may sound for investment, it is important to consider the opportunities that each emirate offers and choose the one which will beneficial most for your business and your target.
Global Link offers its services to anyone wishing to start their business in the UAE. Contact us now and let’s see how we can help you.