Are you planning to start a small-to-medium enterprise (SME) in Dubai? Perhaps, one of the most pressing questions that you have when it comes to business setup in Dubai is this: “When is the perfect time to start your business?”
This is a fair and valid question. After all, if you are going to start a business, you want to do it in the most favorable condition. You want to minimize as many errors as possible.
So, we want to know, “When is the perfect time to start a business in Dubai?”
The answer is now.
Here’s why.
Expo Dubai 2020
The Expo 2020 is scheduled to happen in Dubai next year. It is one of the biggest commercial, financial, and industrial events in the world.
The Expo is expected to attract millions of people from around the globe. The Expo is the perfect opportunity for various international and local businesses to showcase their products and services. Because of the many people visiting during the Expo, the Dubai government is expected to earn billions of dollars from the event.
You can also take advantage of the Expo and start your company formation in Dubai. By doing so, you can capitalize on the influx of many people and potential customers for your new business.
Dubai’s economy is thriving and growing
According to the World Bank, the UAE’s economic growth will reach 3.2% by 2021. On the other hand, the International Monetary Fund forecasted UAE to close 2019 year with 2.8% growth. With the overall positive economic growth of the UAE, it is not difficult to see that Dubai would be at its forefront. Due to Dubai’s economic stimulus plans, improved trading practices, rising public and private spending, new businesses are set to have a good start.
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Check out some informative articles that may help you with your planning.
This is a fair and valid question. After all, if you are going to start a business, you want to do it in the most favorable condition. You want to minimize as many errors as possible.
So, we want to know, “When is the perfect time to start a business in Dubai?”
The answer is now.
Here’s why.
Expo Dubai 2020
The Expo 2020 is scheduled to happen in Dubai next year. It is one of the biggest commercial, financial, and industrial events in the world.
The Expo is expected to attract millions of people from around the globe. The Expo is the perfect opportunity for various international and local businesses to showcase their products and services. Because of the many people visiting during the Expo, the Dubai government is expected to earn billions of dollars from the event.
You can also take advantage of the Expo and start your company formation in Dubai. By doing so, you can capitalize on the influx of many people and potential customers for your new business.
Dubai’s economy is thriving and growing
According to the World Bank, the UAE’s economic growth will reach 3.2% by 2021. On the other hand, the International Monetary Fund forecasted UAE to close 2019 year with 2.8% growth. With the overall positive economic growth of the UAE, it is not difficult to see that Dubai would be at its forefront. Due to Dubai’s economic stimulus plans, improved trading practices, rising public and private spending, new businesses are set to have a good start.
...read full article
ARE YOU PLANNING TO SET UP A COMPANY IN THE UAE?
- Legal Documents for Every Startup
- Need a lawyer for small business?
- Importance of Hiring a Business Lawyer
- How to Set Up a Business in Dubai
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