Busting myths (Part 1)

Opening a company in the Emirates is constantly accompanied by dozens of myths and tales. Having read false information on the Internet, entrepreneurs abandon the idea of registering a business in the UAE. In the next series of posts, we will talk about the most popular myths - and immediately dispel them.

Myth 1. It is difficult for a foreigner to open a business in the UAE

Opening, as well as doing business, in the UAE is much easier than in the US, UK and many other countries around the world. The government has made these procedures as easy as possible. Today, 50 free economic zones have been opened here. Each of them seeks to attract as many entrepreneurs as possible, creating comfortable conditions.

Many of those who wish to do business in the Emirates are held back by paperwork. This misconception is easiest to dispel - just talk to those who have experience in these matters. Contact us to open a business in the UAE! We will take care of visa processing, opening bank accounts, and, if necessary, accounting services for the company.

Myth 2. You can take everyone's word

Don't rely on words alone. Don't believe what they tell you. All information must be carefully checked for accuracy and double-checked several times, regardless of who told you this: a civil servant, service provider or business partner. Do it easier - consult with those who have been successfully working in the UAE for a long time or who successfully help entrepreneurs register a business in an eastern country.

Myth 3. Strangers will not be accepted there. Business can only do their own

People of different nationalities and religions work in the Emirates. So, knowing English, you will pass for your own here. Websites, TV, documents and doing business in the UAE are mostly in English.

A typical resident of the Emirates is a visitor who speaks English and respects the customs and traditions of others. Even the local Arabs are the same "citizens of the world", educated in Britain or the USA.

Myth 4. Everything is under control - there are no free niches and markets in the UAE

Opportunities for entrepreneurship in the Emirates are truly endless. Of course, there are markets and niches with high competition. However, even there you can take your place in the sun if you offer customers quality and service at least at the level of competitors. In other markets, the business environment is quite favorable.