This page throws light on the advantage of investing in the UAE which include: strategic location, state-of-the-art infrastructure, variety of business premises, political stability and more.

Advantages

The UAE has the advantage of:

• Strategic location
• State-of-the-art infrastructure
• Variety of business premises
• Political stability
• Social stability
• Ease of doing business
• Protection of intellectual property rights
• Favourable business regulations
• Open economy
• Economic stability
• No corporate tax.

Strategic location

The UAE is blessed with a strategic location between the east and west, which makes it accessible to major emerging economies, linking shipping routes and facilitating goods' transportation between the various regions in Middle East, Asia, Europe and Africa.

State-of-the-art infrastructure

The UAE provides advanced infrastructural facilities in all fields. In March 2016, Dubai announced to set up the world's biggest wholesale city , with an investment of AED 30 billion. The city, which will occupy an area of 550 million sq ft aims to help the UAE acquire a significant share of the global economic sector, estimated at USD 4.3 trillion. The city will be linked with Jebel Ali Port and Al Maktoum International Airport and will provide logistical support that will fully link with four continents.

Refer to the infrastructure section for more information.

Variety of business premises

The UAE offers endless choices of business premises and locations. According to your business activity, you are at liberty to choose a place appropriate for operation whether on the mainland or in a free zone.

You can set up your business in:

• plush business centres
• fancy shopping malls
• state-of-the-art commercial furnished buildings and towers
• industrial areas
• free zones specialised in a range of industries from logistics to media, power and information technology.

Political stability

The UAE is a model of political stability. Since its formation in 1971, the UAE has been a successful constitutional monarchy and continues to be so. This is because of the belief system of the UAE's Founding Fathers in peace and justice and the continued belief of the present political system and government in the same.

As per Al Bayan's report , the UAE has 102 diplomatic missions abroad which include 80 embassies, 18 consulates and 4 permanent missions. There are 199 foreign diplomatic missions in the UAE which include 110 embassies and 73 consulates.

The UAE is a member of Gulf Cooperation Council (GCC), Arab League and the UN and its agencies. According to the Global Peace Index 2016, the UAE is the third most peaceful country in the region.

Social stability

Despite the presence of a large foreign community in the country, the UAE is a safe place to work in and develop your capital with favourable living conditions and quality of life. The UAE Government emphasises on tolerance in the society. Moderation and acceptance of others are innate in the UAE culture.

With 110 crimes , the UAE had one of the lowest level of violent crimes in the world in 2015. The UAE ranked 9th among countries with lowest crime rates and 4th concerning assault offences in general. These rankings are better than many advanced countries around the world.

Ease of doing business

According to the Doing Business 2019 report, the UAE scored 11th rank globally and 1st rank regionally. The UAE scored impressive ranks in the following indices:

• Getting electricity - 1st rank
• Paying taxes - 2nd rank
• Dealing with construction permits- 5th rank
• Registering property – 7th rank
• Enforcing of contracts - 9th rank
• Protecting minority investors – 15th rank

Protection of intellectual property rights

It maintains protection of intellectual property rights, trademarks and it has enforced laws against piracy.

Favourable business regulations

The UAE signed major business international treaties to encourage business and foreign investments. It maintains tightened export control laws to prevent the movement of illicit goods as per Federal Law No. 13 of 2007 concerning Goods Subject to Import and Export Control.

Open economy

The UAE has its own regulations which prohibit monopoly and encourage competition. The UAE encourages private sector growth and maintains liberal policies in terms of foreign exchange controls, visa policies and import regulations. The UAE has strong ties with key trade associations to strengthen its position as an open economy and player in the international trade and competition.

The UAE:

• is a member of the World Trade Organization ( WTO) since 1996
• is a party to the General Agreement on Tariffs and Trade ( GATT) since 1994
• is a member of the Greater Arab Free-Trade Area ( GAFTA) in which all GCC countries participate
• concluded Free Trade Agreements with Singapore and the EFTA bloc in 2008 and 2009
• is cooperating with the GCC countries to conclude the Free Trade Agreements with the EU, Japan, China, India, Pakistan, Turkey, Australia, Korea and the Mercosur bloc comprising Brazil, Argentina, Uruguay and Paraguay.

Source: UAE Government Website