Dubai’s growing economy offers many opportunities, not just to natives but also to foreign investors. The finance, services, trade and real estate are paying back profits. Furthermore, the city is one of the most cosmopolitan cities in the world. Dubai is also a suitable base for starting your business and expanding to the Middle Eastern country.

Being a dominant centre in world trade, doing international business in Dubai can be an extremely competitive market for a newcomer. A well-known consultancy firm in Dubai can ensure that your efforts are rewarded optimally.

If you are a foreign investor interested in investing and planning to set up a company in Dubai, here we will provide you with a better view of what to anticipate.

Why should you set up your company in Dubai?

1. Growing Economy

A growing economy is one of the principal factors that play a crucial role when an investor wants to invest in a foreign country. Several statistics have indicated that Dubai will have a flourishing economy for years to come. Although many oil-rich Middle Eastern countries have recently suffered financially due to oil crises, Dubai has flourished and came out on top in economic growth in the MENA region.

• Ease of Doing Business

According to the doingbusiness.rankings  2020 report, The UAE scored 16^th rank globally and 1^st rank in the Middle-East and North African region. The UAE attained magnificent rank in the following indices:

1. Getting Electricity – 1^st rank
2. Deal with construction permit- 3^rd
3. Enforcing Contracts – 9^th
4. Registering Property – 10^th
5. Protecting Minority Investors – 13^th

• Major Attraction

Dubai is one of the most transited cities by tourists. The city also has several attractions in its buckets, and it also hosts various arts, cultural festival and major sporting events.

• Safety And Security

Dubai, with a low crime rate and an efficient legal system, is one of the safest cities in the world. An experienced investor will always ensure that the city in which they invest is safe and secure. Being one of the safest cities, many investors find it reliable to invest in Dubai.

• State-of-Art Infrastructure

The city has the tallest building in the world, Burj Khalifa, and one of the world’s fastest-growing airports (it is the world’s 3^rd busiest airport in terms of international passenger traffic, 2019). Jebel Ali Port is the world’s largest man-made harbor. These reasons are enough for any investor to invest in the real estate sector in Dubai.

• Political Stability

Due to its visionary leadership that works towards development in the social, economic, cultural, environmental, and political domains, the city as well as the country remains politically stable. Since its formation, the UAE has been a successful constitutional monarch and continues to be so.

Summing Up

In this global world, you get a lot of opportunities to participate in the growth of a country by investing in it. Doing international business in Dubai is one such chance that shall not be missed. Many US companies expanding overseas want to be a part of this fast-growing economy.

If you need any assistance or guidance in where and want to invest, contact a well-known business set up consultant company.