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UAE Is a Preferred Destination by Young Foreign Enterprisers

Written by: Bridgewest

UAE-is-a-preferred-destination-by-young-foreign-enrterprisersAt the end of 2016, the UAE obtained the appreciation of foreign entrepreneurs, according to a report issued by the Mara Foundation and Opinium Research which drafted the Global Entrepreneurship Index. The UAE ranks 16th, surpassing some of the largest financial centers in the world. Foreign investors interested in starting a business in the Emirates, can rely on our company incorporation agents in Dubai.

The UAE offers one of the best environments in the world for enterprisers

The Global Entrepreneurship Index is based on the measurement of the entrepreneurial environments in 85 countries all over the world, and in 2016 the UAE made it to the first 20 countries to offer a thriving business environment for young investors. The report takes into account factors like policy, finance, education, entrepreneurial environment and infrastructure.

In last year’s report, the UAE surpassed countries like Germany and Japan which are considered important financial centers all over the world, but it also outranked neighboring countries like Qatar and Saudi Arabia.

Our company registration consultants in Dubai can offer information on the policies related to foreign investments in this country.

The UAE ranked best in the policy and infrastructure sub-indexes

When it comes to policy, the UAE offers one of the best and most supportive environments for entrepreneurs and their companies to flourish in, while in terms of infrastructure it is no secret how impressive the road system in the UAE is. However, the Global Entrepreneurship Index also takes into account the digital infrastructure sub-index in which the UAE ranked 7 worldwide. Related to digitization, UAE companies have come a long way since 2010 when the country did not have such a performant internet connection.

The UAE was also commended by young entrepreneurs for the environment the government has created for them and described the authorities attitude as open. The report shows the UAE still needs to work on the education and finance pillars.

If you are interested in opening a company in Dubai or in other emirates, please feel free to contact our company formation consultants. You can also rely on us for assistance in setting up companies in Dubai’s free zones.

 

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