In the ever-evolving landscape of global business, the United Arab Emirates (UAE) is stealing the spotlight as an enticing haven for UK-based SMEs, entrepreneurs, and startups seeking to spread their wings. Here’s why savvy businesses are turning their gaze towards the UAE:
Economic Growth Sector and Sector-Specific Opportunities:
The UAE beckons with a diverse and thriving environment for international ventures, particularly favouring businesses in technology, tourism, and finance.
Prime Market for Foreign Direct Investment:
The UAE stands tall as a magnet for UK businesses eyeing expansion, claiming a substantial 31% share of West Asia’s total FDI and 32% in the MENA region. It’s more than a destination; it’s a cornerstone for investment.
Innovation and Support System:
Pioneering innovation is more than a trend in the UAE; it’s a commitment. With perks like low corporate taxes, cutting-edge infrastructure, and access to global business networks, the UAE is fostering an environment where creativity thrives.
Ease of Doing Business:
The UAE isn’t just a business-friendly location; it’s a streamlined powerhouse. From the coveted Golden Visa to 100% foreign ownership, zero personal income tax, and a low 9% corporate tax rate, the UAE has removed roadblocks for international businesses, making it an irresistibly attractive business hub.
Lifestyle and Cultural Consideration:
Beyond business, the UAE is a beacon for quality living. Ranked 11th globally by InterNations, it offers expats an exceptional quality of life and abundant job opportunities, showcasing a perfect balance of work and play.
At Hensley&Cook, we’re not just observers; we’re facilitators. Positioned to guide businesses in setting up and flourishing in the UAE, we invite you to connect with us for a seamless journey into the realm of opportunities.
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