Dubai is the business hub of the world. It is an open economy therefore, it attracts more foreign investment from all over the world. Friendly visa regime and tax-free makes Dubai a better place to set up business. It offers favorable business regulation and ease of doing business for the businessmen. The main advantage of Dubai is its strategic location that joins the emerging markets of the east and west. Business entities from all over the world wish to set up their business in Dubai. Many think that setting up a company in Dubai is very costly. However, that is not the case. There are many options for having the cheapest company set up in UAE that reduces your costs in starting a business.