Dubai – The city built for startups
Almost half of all company setup in Dubai are startups. These companies are also responsible for more than 47% of the UAE’s annual GDP. These figures should come as no surprise, given the UAE government’s emphasis on facilitating small businesses and encouraging foreign investment.
In addition to offering such benefits as economic stability, high quality of life, the availability of a skilled workforce and a willingness to import foreign talent, starting a business in Dubai can be extremely professionally rewarding.
Ease of Doing Business
The UAE secured the 11th spot on the World Bank’s Ease of Doing Business Report 2019. The country ranked:
- first in getting electricity,
- second in paying taxes,
- fifth in dealing with construction permits,
- seventh in registering property, and
- ninth in enforcing contracts.