Hmm, your indecision is understandable.
The market can be a cruel place and deny you a second shot at living up your dream if you fail once. That’s why it is important for you to make the first chance count. And for that, you must get the timing of your business launch spot on.
Genuine as your worries are, they are actually unfounded. Because this is the right time to launch your business in Dubai.
There is tremendous potential in the market at present and one of the main reasons for that is World Expo 2020 to be held in Dubai.
Investors and successful businessmen from across the globe are now showing interest in Dubai, which is fantastic news for startups like you. It means finding an investor in the present market is likely to be relatively easier.
Apart from the much-awaited World Expo 2020 and the interest it has generated, there are several other reasons why you shouldn’t delay the launch of your first business in Dubai for even a moment.
Let’s look at some of these reasons:
- The cost of doing business is low
That said, VAT (Value Added Tax) was introduced here on 1st January, 2018. However, VAT will prove to be a great thing for businesses. While it appears to be an extra expense, it is going to be reimbursed in the supply chain. Another thing to note is that VAT’s implementation will boost the welfare systems in UAE and Dubai, and this in turn will provide better scope to startups.
- Full Ownership to SME’s
- Open Trade System
- Willing Investors
If you need help to launch your business in Dubai and UAE, like preparing a smart business plan, you can count on our help.