Why UAE

The United Arab Emirates consists of seven emirates, with Abu Dhabi as its capital. A nation with a robust political, economic and social stability, it is an incubator for people from more than 200 nationalities, who live and work together in perfect harmony. The UAE boasts an effective legal system, adopts the best governance practices and the principles of transparency for managing its government sector. Its smart government provides customers with the most advanced eServices.

The United Arab Emirates is situated in the Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia; it is in a strategic location slightly south of the Strait of Hormuz, a vital transit point for world crude oil.

The UAE has broad diplomatic and commercial relations with most countries and members of the United Nations and plays a significant role in OPEC, and is one of the founding members of the Gulf Cooperation Council (GCC)and several of its specialized agencies (ICAO, ILO, UPU, WHO, WIPO), as well as the World Bank, IMF, Arab League, Organization of Islamic Cooperation (OIC), and the Non-Aligned Movement. Also, it is an observer in the Organisation Internationale de la Francophonie. Most countries have diplomatic missions in the capital Abu Dhabi with most consulates being in UAE's largest city, Dubai.

The UAE offers businesses

• a strong enabling environment
• stable political and macroeconomic conditions
• a future-oriented government
• good general infrastructure and ICT infrastructure
• Monetary policy stresses stability and predictability, also the Central Bank of the UAE keeps a peg to the US Dollar (USD) and moves interest rates closer to the Federal Funds Rate.
• UAE is ranked as the 26th best nation in the world for doing business (as published by the Doing Business 2017 Report published by the World Bank Group).

The UAE are in the top ranks of several other global indices, such as the World Economic Forum's (WEF), Global Competitiveness Index (GCI), the World Happiness Report (WHR) and 31st in the Global Innovation Index in 2022.Also UAE law does not allow trade unions to exist, the right to collective bargaining and the right to strike are not recognized.

The National Agenda for Entrepreneurship aims to establish the UAE to become the entrepreneurial nation by 2031. The National Agenda includes 29 initiatives aimed at enhancing the business environment and entrepreneurial mindset in the UAE, and an integrated package of incentives that will enable the country to increase the number of its startups to reach one million, incubating ten unicorn startups, and achieving a strong partnership between the public and private sectors.

• Repatriation benefits
• Infrastructure
• Strategic location
• 100% Ownership
• Low import duties.
• Comfortable and high-quality way of life.
• Absence of currency regulations
• The ease with which expatriate workers, who account for an astounding 90% of the city's labor force, can enter and exit the UAE. It makes it easier for
• Growing Economy
• No minimum capital requirement
• Zero percent corporate tax
• Ease of business setup
• Access to international markets
• Advantageous geographical location
• Flexible Visa Rules
• One of the biggest advantages of having a company in Dubai or any other Emirates in the United Arab Emirates is to have access to a large and diverse consumer market
• Businessmen Friendly Laws
• World-Class Infrastructure: The strategic location, well-developed infrastructure, and connected facilities make business conduct easier for foreign investors.

Promising Economic Sectors

Key economic sectors in the UAE are witnessing a steady growth in the flow of investments, and several national companies are entering into partnerships with foreign firms. The country seeks to attract further investments into promising sectors such as advanced technology, artificial intelligence, research and development, and digital economy, which stimulate innovation and improve the performance of the economy.

The UAE is a vibrant society in which both Emiratis and residents enjoy a high per capita income and standard of living. Known for its captivating nature, amazing tourist destinations, and well-developed tourism and entertainment infrastructure, the country has been ranked 31st globally in Human Development Index, and records a GDP per capita of $43,000 annually.

Entrepreneurs from all over the world who tap successful business opportunities in the UAE. They establish small companies that quickly grow to achieve profitable returns. The country is home to 10 billionaires and over 50 thousand millionaires.

UAE offers the convenience to the entrepreneurs to incorporate their companies either into the free zones designated into all the seven Emirates in the UAE OR under the rules and regulations of the Department of Economic Development in all the seven Emirates in the UAE.