Why is Dubai the business hub of the world?

 Dubai is rightly called the financial capital of the United Arab Emirates (UAE). The city is not just about the tallest building in the world, man-made islands, tallest Ferris wheel, largest natural flower garden, or the most luxurious hotel. There’s much more to Dubai than meets the eye.

From the time we started out as an audiovisual production company some 4 decades ago, we have seen Dubai transform from a fishing village to the leading city with world-class opportunities in business and lifestyle. A number of economic and administrative policies implemented by the government have helped in attracting businesses to Dubai. Here are some of the reasons why Dubai has emerged as the business hub of the world in recent times.

1. Easy to set up - Dubai has a number of free zones for foreign trade and investment. These zones are well equipped with all the amenities, and communication infrastructure necessary to set up a business and service the needs of investors. If your business is registered in a free zone, you are allowed a hundred percent ownership and also provided an exemption from taxes and customs duties. Another biggest advantage is such business are not subject to levies on exports and imports.
2. Easily accessible - Dubai is very well connected to other parts of the world. It has a large coastline as well. All this well connectivity means people from all around the globe can easily come and go. It also brings in a high number of skilled manpower to the region. Together the trouble-free transportation and availability of efficient and competent employees reduce the cost of developing businesses.
3. Future prospects - Dubai has already proven its worth to the world and it continues to rise beyond expectation. Along with that, the UAE government passed new investment laws to encourage new businesses to open. Other laws for long terms visas, silk road strategy, etc make a great environment for business owners.

We have seen Dubai grow in front of our own eyes, and being an audiovisual production company ourselves, we can definitely tell you that Dubai is one of the best places in the world to set up your business.