Dubai Is A Haven For Startups
Synergy News • Aug 10, 2017
The Emirates of Dubai is becoming more known as the ‘startup hub’ of the region.
If you have that entrepreneurial flair and vision to launch a new business, Dubai wants to meet you. UAE’s leading business setup specialist The Synergy Group want to help turn your dreams into a successful business.
Do you need convincing that Dubai is an oasis for startups? Well, Dubai has just been ranked at number (29) in world in the Startup Cities Index, which ranks (85) of the world’s most dynamic startup cities.
Ranking score is divided into five categories:
- Startup Ecosystem
- Social Security and Benefits
- Cost of Living, and Quality of Life
Startup Cities Index has revealed that Dubai is:
- Number (1) in the world on Income Tax Score, with an awesome 5 out of 5 score
- Safety score is high 4.72 out of 5
- Healthcare tops at 4.54 out of 5
Dubai leads over some of the other, more established startup ecosystems, such as New York, London and Tokyo.
Dubai has demonstrated to be an innovation hub. UAE’s population, encompasses many entrepreneurial skills as the government strongly supports great talent. Millennials are urged to showcase their skills and bring in ideas. Classic startup stories like yallacompare and Fetchr along with Synergy Group clients Careem, Deliveroo, Dazzled Cars and much more display that Dubai has already emerged as a top startup environment.
UAE has witnessed a phenomenal growth in startup industry, both Abu Dhabi and Dubai offer world-class infrastructure, ease of business, strategic location and favourable legislations, these have worked wonders and the result is here for everyone to see. The country has been home to some of the top venture capitalists, also a lot of initiatives have been taken by the government and accelerators to boost the startup industry in the region.
The opportunities in this thriving business environment is endless. It is important to select the best structure suited to your business activity.
Synergy offers complete business support services for startups, individuals, small and medium enterprises to multinational companies looking to establish or restructure a commercial presence in the Middle East region. Entrepreneurs, professionals and business owners benefit from our fast assistance on all aspects of corporate structure, residency and employee affairs. Contact Synergy for a free no commitment consultation. Here we will explore the best suitable options for your business goals and set you on the road to success.