When we think about a place like Dubai, most of us see the destination as a retreat, meant for rest and relax, or the perfect setting where we can enjoy expeditions through the desert on the back of a camel and eternal nights scented with argan blossom. Although this might be a very accurate way of describing Dubai, the truth is that the jewel of the United Arab Emirates is more than just 'a holiday destination'.
With infrastructure of the highest level and regulations which tend to facilitate all bureaucratic processes for foreign-capital companies, it's not surprising that Dubai is – and has been for years – the main business centre in the East. We see proof of this in the form of hundreds of international companies (many of them with Spanish capital) that have decided to move there in order to work with a view of the spectacular desert. What are the factors that convince foreign companies?
A strategic location
In the same way as New York in America and London in Europe, Abu Dhabi and Dubai are the two capitals that reign in the East. Apart from making them popular destinations (for tourists, that is), it also means that they are well-renowned within the global business network. Distances? Six hours from Barcelona and a bit less than eleven from Tokyo, the Japanese capital.
Ideal hotels
Another important fact that foreign companies take into account is that Dubai has hotels such as the Arabian Courtyard Hotel & Spa, a recommended hotel in the centre of Bur Dubai with the best rooms in Bur Dubai. Few things are as effective as offering guaranteed rest in a true luxury hotel to visitors flying in for conventions and other events.
Laws that favour business growth
Apart from special conditions for companies that invest in Dubai, the city offers a profits-and-benefits tax rate of zero that you keep for up to fifty years. If we add the fact that capital convertibility is free, it's easy to understand why more and more brands decide to relocate to the capital of the Arabian Desert.
