5 reasons to make the UAE one of the most exciting places in the world to create startups

In the world of live many states, strikes, political and civil wars, economic crises, stifling, working entrepreneurs and business ideas to choose which countries they wish to move to start their business.

The United Arab Emirates is one of the options available to any entrepreneur around the world, the idea have the capital and desire to sacrifice for the sake of his dream.

We saw a lot of Syrians and even some other nationalities that belong to states troubled have moved to Dubai and founded the company due to them, and they got all the good conditions for success and helped them achieve their goals.

Even countries that claim to be the best in the world for entrepreneurs like Germany and Japan find it difficult in matching the unusual combination of dynamic growth, technology and the strategic location and government incentives offered by the UAE.

The following are five reasons to make the UAE one of the most exciting places in the world to start and grow a business.

  • United Arab Emirates is the center of the technology world-renowned

While the United States is among the most technologically advanced in the world, the United Arab Emirates didn’t take too long. according to research conducted by the Fletcher School at Tufts University in Boston, United States of America.

Not only the role of the UAE on a healthy economy, but the UAE has compelling financing options and a robust infrastructure, not to mention government support intensive entrepreneurs, should not be surprising that the United Arab Emirates is home to a successful two market dot com and .Careem

If you see the list Digital Planet 2017 you’ll find that Emirates, Singapore and New Zealand are leading the accelerated growth of the technology level.

The report indicates that they are “the leaders in payment innovation, building on the benefits of their current way is effective,” the challenge facing these countries is to maintain the innovation and generate a new request, this is the place which excels in the UAE on its nearest competitor due to a large programme of technological innovation which is being implemented currently, and the ease with which they can do so in the state of thinking of the future.

The UAE is the first environment for innovation in the Arab world according to Global Innovation Index, Innovation Culture in research institutions, new and art centers that were established to promote research, creativity and innovation, such as Garden Dubai to the world.

  • Emirates offer incentives for exceptional startups

If 95% of all enterprises in United Arab Emirates are startups and small and medium, making the UAE far from the other in this category of companies, this illustrates the nature of the business economy here and the group of customers ready-made for SMEs and leaders technical accelerated growth.

One of the main engines of the economy of emerging companies in the United Arab Emirates is the wide range of government incentives for new businesses.

Help Khalifa Fund for Enterprise Development, a development agency non-profit, in spreading the culture of independent innovation and the establishment of small and medium businesses. It shows a strong commitment to developing a culture of entrepreneurship.

At the Dubai Department of Economic Development (DED) and the implementation of a new package of government reforms to improve competitiveness and achieve sustainable economic development in Dubai, including proposals to allocate 20% of government tenders for small and medium enterprises and provide additional support to create and expand emerging businesses by attracting incubators and accelerators business leaders in the world, with a global network of resources.

  • Excellent infrastructure and are expanding rapidly

One of the biggest attractions in the United Arab Emirates for entrepreneurs and investors is a well-established infrastructure and banking system strong and the political system stable.

Enjoy the UAE’s strategic location between East and west, making it accessible to major emerging economies, and ocean shipping routes and the transfer of goods between different regions in the Middle East, Asia, Europe and Africa.

While enjoying Singapore also strongly on the strategic location, the position of New Zealand relative isolation represents a serious drawback for startups and SMEs that do not rely just on the online business.

  • Financial incentives are plentiful

The UAE offers an environment very favorable taxation for most industries, which is a big advantage for startups compared to, Singapore and New Zealand, but this is not the case the last only.

In Dubai for example, the freezing of government fees for the next three years and at the same time, the Department of Economic Development (DED) and the implementation of a new package of government reforms, including proposals to allocate government tenders for SMEs, and a programme to support production, procurement, local incentives to attract incubators and accelerators business leaders in the world.

Consider the competent authorities also in each company’s emerging nature and challenges thanks to the availability of entrepreneurs with those of the competent authorities is to reach agreements good for all parties in respect of taxes and duties and obligations of the other.

  • Secure state and eager to happiness of citizens and residents

The United Arab Emirates is one of the few countries in the Middle East and North Africa, which enjoys security and stability and has a political system that privileged fits the needs of Emiratis and aspirations.

United Arab Emirates, the first also on the level of happiness index cart, which is ranked 20 globally.

And this session on the interaction in this indicator through the provision of the conditions of life better for citizens and residents alike.

 

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0 Comments on “5 reasons to make the UAE one of the most exciting places in the world to create startups”

  1. I’m not sure where you’re getting your info, but great topic I needs to spend some time learning more or understanding more Thanks for wonderful info I was looking for this info for my mission |

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