Who wouldn’t want to expand his business operations and take it beyond the shores of the nation? The Middle East, as a region, presents immense opportunities for anyone who wishes to do business here. The region’s friendly trading policies coupled with the need for a global expertise makes way for companies from around the world to reap the benefits of such culture. Most of the companies that are active in the region at present have their projects in UAE, which, among all, presents the highest possibilities to gain the best possible outcome.
So how exactly is the region able to grab so much attention globally in terms of ease of doing business. To begin with, the country promotes and floats tenders for different projects in UAE across multiple channels, social media included. Once it has a decent number of applicants, it presents them the opportunity to invest in the country and see their investment grow with time. Most of the times, anyone who has the capital to do business here is able to benefit from the country’s diverse and growing economy.
Besides this, there are several other reasons that make taking up projects in UAE a lucrative offer. These include:
- Negligible Import Duty: Most of the products you import here carry a duty of just 5%, making it one of the lowest in the world. If you happen to import some products for use in free trade zones, you won’t have to pay any duty at all.
- No Taxes: Any company which does business in the UAE is not expected to pay corporate tax or personal income tax at all. Where can you find a business-friendly policy like that!
- Free Trade Zones: There are many regions across the UAE which are designated as free trade zones, which offer friendly policies to anyone who wishes to do business here.
- A Competitive Economy: The UAE offers a favorable business environment, which is complemented by a high degree of political stability. This combination gives a major boost to its economy, pitting it among the leading countries the world.
- Top-Notch Infrastructure: UAE is one of the leading countries in the world in terms of a multitude of industries, including real estate and tourism, as well as for top-notch industrial and commercial facilities.
When you visit the country, you will yourself find UAE to be a beautiful country that has so much to offer. The people here are friendly and courteous, and will always make you feel at ease. So all you have to do is simply look for the tenders for projects in UAE, which will open the doorway to this country that will make your effort every bit worth it.