As the emerging entrepreneurial capital of the MENA region, the U.A.E. has given rise to a large number of indigenous startups and attracted numerous regional and global startups seeking to scale their operations.
Why are startups choosing the U.A.E.?
#1 in the region in the “Ease of Doing Business” rankings
0 income tax for most companies onshore
Wide array of free zones allowing for full foreign ownership
Strong Startup Support
Government backing of SMEs, entrepreneurship, and innovation
Numerous co-working spaces, incubators, and accelerators
Countless training programs, events, and networking opportunities for entrepreneurs
Robust & Diverse Funding Sources
2 of the top 3 financial centers in the region (Abu Dhabi and Dubai)
Magnet for regional venture capital, angel investment, and private equity funding
New bankruptcy law that encourages banks to lend to SMEs
Ideal Regional Business Headquarters
World-class transportation infrastructure and leading global airlines
#1 in the 2016 Social Progress Index ranking for security