The attraction of export to Dubai
With a focus on the city's flourishing economy, strategic location, and business-friendly environment, this blog offers valuable insights and tips for entrepreneurs looking to tap into the lucrative UAE market.
Cesar Pacheco - Founder Green And Ports
7/16/20231 min read
Dubai, the vibrant city in the United Arab Emirates, has long been recognized as a global trade hub, attracting businesses from all corners of the world. Exporting to Dubai offers a diversity of opportunities for entrepreneurs looking to expand their reach and establish a presence in the Middle East and beyond.
Dubai's strategic location at the crossroads of Europe, Asia, and Africa makes it an ideal gateway for international trade. Its modern and well-connected infrastructure, including world-class ports and airports, enables seamless access to regional and global markets. As a major re-export center, businesses can benefit from Dubai's Free Zones, where they enjoy 100% ownership and tax exemptions (tax rate 9% for taxable income exceeding 375,000 UAE dirhams /$102,000 started in June 1st 2023), making it an attractive option for companies seeking to operate with ease and efficiency.
Besides, the diverse and affluent consumers of Dubai represents a vast market for goods and services. The city’s growing population of expatriates, tourists, and local Emiratis creates a dynamic demand for a wide range of products, from luxury goods to tech innovations. By exporting to Dubai, businesses can tap into this cosmopolitan market and leverage the city's reputation as a shopping and tourism paradise.
The UAE government actively fosters foreign investment by providing various incentives and initiatives aimed at attracting businesses. In addition, Dubai's commitment to innovation and development is evident in initiatives like the Dubai Expo 2020 (launched in 2021 due to pandemic restrictions), which served as a platform for networking and showcasing products on a global stage.