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Turkey vs UAE: Where Should You Start Your Business?

  • Turkey and UAE are popular choices for starting a business in a foreign country.
  • Both destinations have developing economies and successful business environments.
  • Turkey has seen steady growth in its startup economy in recent years, particularly in tech, e-commerce and renewable energy.
  • Despite complex regulations and unpredictable currency, Turkey is a popular location for startups.
  • The UAE is known for its innovation and has already made advancements in tech, fintech and sustainability sectors.
  • English has been widely adopted in most business cases in the UAE.
  • Turkey’s cost of living is relatively low when compared to the UAE.
  • UAE's Dirham is relatively stable, making it a major advantage for companies who plan to operate on a global scale.
  • Setting up a business is relatively simple in both Turkey and the UAE, but the UAE's process is slightly smoother.
  • Turkey is better suited for those targeting European and Middle Eastern markets, whereas the UAE offers a tax-friendly business environment with global connections.

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