UAE is one of the best places in the world where you would want to start your business venture and give a boost to your career as an entrepreneur. The task of Company Setup Dubai is much easier in the city and everywhere in UAE. Over the last few years, UAE has seen huge growth and progress in terms of business, foreign investment and strengthening the economy. No doubt why it has been recognised as a paradise for businessmen and entrepreneurs. But how does UAE facilitates access to clients for entrepreneurs? We will discuss the same in the following section. So give it a read!
Ready-made client bases The major facility that entrepreneurs receive in the UAE is a ready-made client base already present there. This allows the entrepreneurs to start their ventures in different markets like real estate, food business, jewellery and even oil and gas. So these startups do not have any trouble to find potential customers and audience for whom they can manufacture products for. The client is already there and now the major task is for you to set up a good business.
Entrepreneurial culture Another major benefit of creating a venture in the UAE is its entrepreneurial culture. Surprisingly 95% of all the ventures that have been in the business for years in UAE are startups and SMEs. This shows how friendly and supportive the environment is for entrepreneurs to invest and start their business in the UAE. There are Free Zone Company areas as well which largely encourages small to medium businesses to arrive.
Diverse Market The region of UAE has diverse markets in different sectors of the industry. Dubai is a hotbed for tourism, recreational attractions and luxurious business centres. On the other hand, Abu Dhabi is important for the contribution in aerospace, defence and the information technology sector. So as you can see that there is a myriad of different markets available in the various regions of the UAE which allows the entrepreneurs to start a venture in their field of expertise and interest.
High net worth Individuals If you are looking your company to make profits there are two different ways to do to – reach out to as many people possible or get hold of customers who have high individual net worth so that they can spend and afford higher cost items in your business. The combined wealth of all the rich individuals in Dubai is around $2.4 trillion. So entrepreneurs can get hold of rich customers who will give them more profitable dealings.