The UAE is the ninth freest economy in 2019 with an economic freedom score of 77.6. The country has a GDP of USD 686.6 billion with as astounding per capita GDP of USD 41,100. The inflation in the UAE is at only 2%, and the FDI inflow in 2019 was USD 10.4 billion. The falling oil prices have impacted the economy of the country, and has resulted in the Emirates pursuing aggressive economic diversification.
The free zones in the UAE offer several benefits and assistance for businesses to grow and flourish. 122 economic activities across 13 sectors are eligible for 100 per cent ownership in UAE even outside the free zones. Special long-term visas are also offered by the UAE authorities to foreign nationals doing business in UAE. The conducive legal environment along with several benefits offered to international businesses make UAE an ideal country to start your global business expansion.