Ambitious entrepreneurs from around the globe seeking to launch their new business in 2024 will be interested to learn that the UAE has been ranked as Top 3 global location out of 52 countries analysed by Business Name Generator. It considered factors crucial for start-ups such as tax rates, ease of doing business, cost of living, economic growth and its prospects.
The UAE’s competitive edge lies in its exceptionally low corporate tax rate of just 9%, the second-lowest among the studied countries, its pro-business environment, strong appetite for innovations and unrelenting drive to improve and move forward. Therefore, it is not of much surprise that the country boasts a strong economic outlook with a projected GDP growth of 4% in 2024, bolstered by a high GDP per capita.
What about you? Ready to expand your business reach? We’re your UAE one-stop shop for success. Let’s discuss your goals! Reach out to us via email at office@alphaprimedwc.ae or call us at +971 58 515 2374.
