With the recent developments in UAE, Dubai is regarded to have transformed into the perfect hub for all small and medium enterprises. Recently, Dubai SMEs published a press release where SMEs are major contributors to the country’s growth. More recently, many initiatives have been taken on by Dubai SMEs and the government has helped many companies to develop their way towards success in the marketplace. As a result, this has helped the country flourish economically.
On the other hand, these enterprises are also giving in return to the government. For instance, reports have shown that SMEs contribute about 60% of the GDP of the country. There are about 400,000 companies in UAE, out of which 95% are located in Dubai. Moreover, 47% of Dubai’s development comes from these SMEs.
Some business associates agree that companies should ideally start as an SME because the investment is quite low and several flexible facilities can help in the business expansion. Moreover, it is believed that most of the SMEs are private organisations that create many job opportunities, diversifying and balancing the economic system.
Today, SMEs are regarded as the backbone of the business industry in UAE and have constantly supported this country’s growth and foreign investors due to the various facilities offered by the government and reputed business consultancies. We at Creation also believe in the growth of SMEs and aim to provide assistance in developing your small enterprise into a well-developed business.
Additionally, Dubai South has announced it will begin a partnership with the Union Of European Expert Chambers (UCEE) where the latter organisation will be setting up more SMEs in Dubai. This is a huge win as there will be an official partnership between the two organisations. Moreover, with more SMEs in the city, the economic condition of Dubai will flourish tremendously.
In order to make the company formation procedure simpler, the government is ready to offer services that include communities, network marketing and business modules for all companies. This is exactly why business owners are attracted to grow their businesses in UAE.
In addition, Creation Business Consultants are leaving no stone unturned to provide the best services in terms of business strategies and unique long-term goals. To know more about our services, book an appointment with us and have a chat with our expert team about your business dreams and aspirations.