The UAE is always known for being one of the most investor friendly cities in the world. It is a known fact that when expat investors want to invest in the DED mainland they have to get into a 49/51 partnership with a local Emirati partner, unlike any UAE freezone business setup which is 100% ownership for any expat investor. However this is not the case for GCC Nationals who want to start a business in the UAE.
If a GCC National wants to invest for a business setup in Dubai, there is no requirement for the investor to have a local Emirati partner, and the GCC national can also have a foreign business partner.
But why setup a business in Dubai?
The UAE economy thrives on strong factors and some of them are:-
Many expats from western countries prefer doing business in UAE, especially Dubai, in comparison to other GCC countries. The UAE has ranked UAE #1 by the World Bank, for ease in doing business.
It offers world-class infrastructure with a strong and sustainable environment with political security and safety. Opening a business in the UAE is hassle free of many red-tape procedures for the company formation, especially if you partner with a professional business setup consultant.
You can choose from a wide range of licenses; employment visas depend on business type and facility; as a DED mainland company you can become an agent for free zone companies and transact business for them. You have healthy tax benefits and can avail of the Double Tax Avoidance Treaty, which has been signed between the UAE and a number of other countries, and no yearly auditing.
Dubai has begun many great initiatives, one of which is the Smart Dubai initiative where technology is integrated for business growth with innovation as the core key. With technologies such as open data, cloud technology, etc., every investor can access quality data, and ideate new business ideas.