Dubai isn’t just a great place to take your business to the next level. It’s also a great place to have fun. Dubai is a city with a breath-taking skyline and an exhilarating lifestyle. Everything here is geared towards entertainment, leisure, trade and investment. This highly-focused and business driven environment has resulted in a vibrant economy that enables Dubai to lead in all these sectors.
Bloomberg's article, published in January 2013, recognizes UAE as the best place in Middle East and Africa to start a business. Besides, UAE is the best choice for foreigners because of the cosmopolitan lifestyle.
Exhibitions and Trade Shows
With a glittering event schedule of permanent, annual, regional and international commercial exhibitions or trade shows taking place throughout the year, Dubai is not just home to a multitude of thriving businesses. With its impressive 5* business hotels, including the world only 7 Star Hotel, Jumeirah Burj Al Arab, it is also proud to be a temporary host to a steady stream of business tourists coming in from all over the world to attend events. According to the Dubai Ministry for Tourism over 7.9 tourists were welcomed in the first nine months of 2013. Here’s just a small sampling of what you can expect:
- Big 5
- Cityscape Global
- Dubai Shopping Festival
- Dubai International Motor Show
- Dubai International Boat Show
Dubai World Expo
Amid wide acclaim, Dubai won the bid to host the World Expo 2020 with their theme ‘Connecting Minds, Creating the Future.’ Anticipation for this major event is already having a positive effect on the economy and analysts predict a boom—as has been the experience for all World Expo hosts.
World Expos provide a meeting place for the global community to share their innovations and make progress on issues of international importance such as the global economy and sustainable development.
Dubai is an investment-driven economy. Trade and commerce is actively encouraged in every respect, and the Freezone environment means that every business has access to all the resources required to enable aggressive growth and development.
You can set up your business tax-free; no federal taxes are imposed and there is no property tax. The government’s policy of actively encouraging business means that trade barriers are removed as far as is practical. Workers are subject to social security levies and there are also certain corporate taxes. Bottom line? If you live in Dubai you pay no income tax, property tax or capital gains tax.
World Class Architecture
Dubai is unique for its skyline. Everywhere you look there are significant buildings. Dubai is home to Burj Khalifa which is the tallest building in the world. There’s also the Burj Al Arab, the only 7-star hotel in the world. They’re not alone in their uniqueness in this glamorous Emirate, and you’ll find a number of firsts if you can get past the awe-inspiring views.
Shopping in Dubai is legendary, with spectacular, internationally famous venues like the Dubai Mall and Mall of the Emirates. There is even the extraordinary event, the Dubai Shopping Festival every year, offering huge reductions across all major stores.
In addition to an impressive roll-call of malls, there are a number of souks which are traditional outdoor markets selling gifts, food, spices, jewellery, fabric and more.
Other Dubai attractions include:
Longest and most advanced driverless rail network in the world
Fountains: Dubai is home to one of the most breath-taking fountain displays with Burj Khalifa as the backdrop
Sailing facilities and marinas
Palm Jumeirah – the iconic man-made island, home to exclusive hotels and luxury living accommodation
A wide selection of zoos and thrill-seeking water parks
Museums and recreational destinations
Stadiums, sports venues – Sports City was launched in 2007 and is now home to one of the world’s premier sporting destinations, boasting Dubai’s International Cricket stadium
A selection of bridges and tunnels that represent state-of-the-art engineering