UAE is the dreamland for all the budding entrepreneurs. But has anyone wondered as what makes this place a special hotspot for today’s youth? Well, the answer is quite simple. It depends on many factors like finance, policy, entrepreneurial environment, education, and infrastructure. When these factors combine, they give out an effective and efficient route for business setup.
It has been proved that UAE stands 19th rank among the 138 countries in the Global Entrepreneurship list. Let’s take a look at the reasons for which it has left behind many countries in the race.
Vision
UAE with its hard work has gained its position as the most preferred destination for global investment. The UAE vision 2021 was launched in the year 2010 for the development of Socio-economic of UAE. The aim was to emphasize knowledge based on the economy.
Policies
The policies of the UAE are very transparent and flexible and the whole credit goes to the government of the UAE. Because of this, budding entrepreneurs are sure of their protected interests and rights. Thus, it remains the perfect place for the dreamers to accomplish their dreams.
Focus on Innovations
The UAE government has done a great job by encouraging and welcoming new and innovative ideas. This has created a space for new innovations which then is introduced to the world. This way, they top the list of innovative countries of the world.
Friendly Foreign Investment
The UAE government has opened its doors to foreign investments and this, in turn, has led the growth of country’s economy. The new and young entrepreneurs have found a perfect place for their business set up with a remarkable climate and amazing opportunities.
Thriving Digital Economy
UAE is heaven for digital entrepreneurs. It has attracted hordes of digital investors in recent times and has become a favorite place for the tech starts up.
Among all the hype, Dubai has become a favorite place for it is a dreamland in the land of dreams. The Dubai Expo2020 is all set to welcome its new guests with open hands and provides many exciting and mind-blowing opportunities. When talking about great opportunities, the city of Sharjah and Ajman Free Zone are not behind too. They have cut down the cost on trade license and also offers flexible installments. It remains very using for the budding investors and their new business journey.
If you are interested to learn more about how to set up business in Dubai in detail, then look into companysetup.ae
