Despite the COVID-19 crisis, here’s why it’s still a good time to start a business in Dubai , Abu Dhabi, or in any part of the UAE: Cheaper Business Processing Fees For those who have always wanted to be their own boss, there is no better time. It is now more affordable for start-ups to get set up as processing fees have been slashed. In fact, costs for new license registrations and administration fees for businesses already operating in the free zone have gone down by up to 70 percent. This move is beneficial for both existing businesses and those looking to set up operations within the free zone. SME Credit Guarantee Scheme Even before the pandemic, loans can be difficult to secure. To help start-ups overcome financial challenges, the government has provided a range of financing solutions. For instance, businesses in the industrial and commercial sectors in Dubai and Abu Dhabi can expect an enhanced credit environment. National banks are encouraged to facilitate loan pr...