Over the years, female entrepreneurs have become some of the key players in UAE’s strategy for economic growth and prosperity. As more women begin to embark on their entrepreneurial journey, the environment around them is beginning to respond by providing them with the resources to do so smoothly.
The UAE in particular is enthusiastic about providing the best opportunities possible for women to become industry experts and start the business of their dreams. In this article, we entail all the reasons as to why the UAE is the best place for women entrepreneurs to start their own firms.
1. An inclusive environment
The UAE boasts a business environment that is inclusive to everyone who chooses to engage in the field. It acknowledges and upholds gender equality to a degree higher than any other country within the MENA region. Moreover, it recognizes the gender gap that prevails in certain industries and is making a conscious effort to close those gaps and create a workplace that treats everyone the same, regardless of their gender. They aim to become one of the top 25 countries in the world for gender equality, making it one of the best places for women to feel acknowledged in the field of business, thus enabling them to start the venture of their dreams.
2. Government Support
The UAE government is particularly supportive towards women starting their own businesses. They display this support not only through words, but through various initiatives that have a direct impact on women in the field of business. The Dubai Business Women’s Council is a government organization that directly engages in building awareness, educating, and promoting opportunities for women in business. They also strive to create an environment that is supportive of women and provides them the resources needed to be on equal footing with their male peers.
3. Free zone perks
Free zones like SPC Free Zone are generally considered to be one of the best places to start a business in, due to their major advantages and perks, as well as their support to first-time business owners who may have trouble navigating the landscape of business setup and legal paperwork and documentation. Some free zones even provide packages specially for women, giving them opportunities and resources that can boost their business effectively.
4. Opportunities by means of company partnerships
Private companies have begun forming tie-ups or partnerships with UAE government agencies to provide women in business with the training and resources they need to successfully run the business of their dreams. An example of this is the partnership between JP Morgan Chase Foundation and the Cherie Blair Foundation for Women. This partnership sought to offer Emirati women business training, this equipping them for the beginning of their venture set-up process.
5. Availability of long-term visa packages for female investors and entrepreneurs
The UAE government has begun reforms with visa validity periods, and this has greatly benefitted investors, and entrepreneurs regardless of gender. The introduction of the 10-year and long stay visas for this group of individuals has proved beneficial in drawing in the talent needed to boost the economy to greater heights. This initiative provides women with a safety net and gives them scope to plan far ahead into the future.
Starting a business in the UAE as a woman does not have to be difficult. Our experts here at SPC Free Zone can help you set up your business with no hassle, giving you the platform you need to start the business of your dreams! Contact us at 800 SPCFZ (77239) to bring your entrepreneurial dreams to life.