In 2019, UAE ranked 11th in World Bank Ease of Doing Business and 5th in IMD World Competitiveness Ranking. Moreover, UAE does not have an individual income tax and corporate tax, and there are many recent policies which support business development in the country. This report describes competitiveness of UAE and its largest sectors at the regional and global levels.
Internationalization could be broadly defined as the process of increasing involvement of enterprises in international markets. It occurs when the firm expands its production, research and development (R&D), selling and other business activities into international markets.The first section of the report illustrates the three major strategies that are used to help firms determine how, when and where to internationalize. The second section explains in detail the 7 most commonly used market entry modes, namely, "Exports", "Licensing", "Franchising", "Contract manufacturing", "Joint ventures", "Merger or Acquisition", and "Greenfield" modes.The third section sums up the report by highlighting the most suitable strategies for Dubai based businesses when going international. For each key sector, a matrix is used to match selected international markets with the available entry modes.
Dubai economy enjoys a competitive combination of cost, environmental, geographical and market advantages that create an ideal and attractive business climate for local and foreign investors. These advantages rank Dubai as one of the leading business centers in the world. This report is a guide for setting up a business in Dubai and talks about privileged sectors for investment.