(C): Twitter
UK migrations to the UAE will triple by 2035, indicating a major economic shift. Whether a fintech startup or an established logistics business, British companies are in search of ‘base where opportunity and stability align. The UAE’s unique collar of regulatory advantages, tax incentives, and geographical positioning has catalysed international interest.
Businesses may not be able to expand because of the UK’s high taxes. On the other hand, the UAE has no income tax on individuals, good rules for businesses, and cheap licenses in their free zones. This means that UK-based businesses will have more money to spend and grow.
The UAE has more than forty free zones, which are places that were specifically designed for certain types of businesses, like trading, technology, banking institutions, and so on. Each of the free zones has state-of-the-art facilities, 100% foreign ownership, and the ability to send profits back to the country where they were made or visitors and investors, it’s always recommended to check the latest Travel Advisory for UAE Travel before planning business or investment activities.
Uncertainties associated with Brexit, the ever-changing relationship with the EU, and economic markets are worrying thoughts for businesses in the UK. UK-based companies are earnest in examining more flooded and globally connected markets; the UAE, with its diverse economy and progressive policies, is quickly becoming the go-to market.
UK financial firms consider the UAE as a conduit to accessing emerging markets in MENA and Asia. At the same time, fintechs benefit from progressive regulations and unfettered access to capital.
UK startups are taking advantage of the UAE’s innovation environment, accelerators, and investor networks to work on everything from AI-powered solutions to green energy.
Because the UAE is in a great spot between East and West, UK trade and logistics companies are setting up shop here to connect their global distribution networks.
For those looking to explore opportunities, you can read our guide titled “Why UAE’s Free Zones Are the Future of Global Business Expansion,” which shares best practices for cost-effective migration.
Q1: What causes UK companies to relocate to the UAE?
Due to tax incentives, free zones, and overall stability, the UAE is now more competitive than the UK post-Brexit.
Q2: What sectors are driving this migration?
Financial services, fintech companies, technology startups, logistics, and supply chain
Q3: Is migration limited to large companies?
No. More UK SMEs and startups are relocating to the UAE.
Disclaimer: Stay updated with the lastest news, from politics to business trends, while also catching up on the lastest news in sports covering matches, scores, and tournaments. Explore the latest news in entertainment with celebrity updates, movies, and shows, and don’t miss the latest news in games, featuring trending releases and esports highlights.
With this clean-energy move, Malaysia has thus made a historic breakthrough as it is witnessed with the opening of the…
Sumatra, which has a lot of different kinds of plants and animals and is famous for its beautiful jungles and…
Sri Lanka's famous tea-growing area was devastated when Cyclone Ditwah went through the central highlands, destroying farms and forcing thousands…
Japan is still having strong waves from the recent big earthquake that was felt in a number of different areas.…
Malaysia's tourist industry was doing well after the pandemic, but now there is uncertainty as political tensions rise. When Perak…
Christmas markets and other public celebrations in several cities of Europe this year are being held in an atmosphere of…
This website uses cookies.
Read More