Dubai demonstrates all you need to start your own business from the ground up. The world's third busiest airport, full-fledged seaports, high-standard road networks, adequate electricity supplies, vast telecommunication networks, and so on exhibit Dubai's infrastructure magnificence.
According to World Bank surveys, the UAE ranks 16th in the area of Ease of Doing Business. It is projected that Dubai will enter the top ten rankings for Ease of Doing Business over the next few years. You may create a business in Dubai in 7 days if all the paperwork and other requirements are met. Other advantages available to investors include tax breaks, free zone privileges, asset control, and so forth.
Free Trade Policy
Dubai favors free commerce, therefore state supervision and limitations on private corporate enterprises are minimal. Income tax laws do not apply to private company companies. Because employment-related rules and regulations are investor-friendly, employers can hire workers from any nation.
Dubai draws investors from all over the world due to its unique geographical position. Dubai is home to all of the world's major airlines. Dubai also boasts the most sophisticated seaport facilities.
Improved Living Standards
In comparison to other emirates, Dubai has a high level of life. Expatriates make up the majority of the population. Dubai inhabitants have access to high-end housing facilities. Dubai is well-known for its real estate market and outstanding medical services. Crime rates in Dubai are low due to strict laws.
Future readiness in 2019
Dubai has risen to first place among Arab countries in the Future preparedness 2019 assessment. In the same category, Dubai ranks 11th globally. The "Future ready" index takes into account factors such as rising local talent, future preparation, and welcoming global talent. Dubai's Department of Economic Development has established Engage DXB, Future Ready Study, and Future Economy Lab.
World happiness index
According to the 2019 World Happiness Report, the UAE ranks #1 in the Middle East. This suggests that expats in the UAE are the happiest people in the Arab world. The rising Happiness Index encourages international investment and commerce.