Opportunities for Business Development in Dubai

• Dubai is a city that is known for its exotic and adventurous tourist location as well for its excellent hospitality industry and more. Dubai initially gains attention due to the discovery of oil in these Arab states. But unlike the generally perceived notion, Dubai isn’t mainly dependent upon the oil industry. The tourism, real estate, commercial and financial banking industry and logistics are also main industries of the city. Many businesses today are interested in having business setup in Dubai. It’s simple; they see Dubai as a place that is favorable in terms of earning revenues.
• The presence of free zones in Dubai is also something that has attracted many businesses in developing their business there. These free zones literally offer zero taxes and 100 % complete ownership of business unlike in the main land where the foreigner company has to partner up with a local sponsor for business. So these free zones strike as the ideal place to begin business for many investors as well as to several entrepreneurs as well. The Jebel Ali Free Zone commonly known as JAFZA operates at the centre of the exporting trade in the Middle East. With the introduction of the Dubai International Financial Centre (DIFC) in 2004, it has allowed Dubai to develop as a global hub for service industries such as IT and finance.
• Dubai is also house to the world’s largest shopping centre that has approximately 1200 stores in it. This indicates towards the fact that Dubai is going to have a lot of say in the decisions of the world of fashion as well. With being the 4th most visited city in the world after London, Paris and Bangkok, it is expected that most of the fashion houses will want to have a present in Dubai.
• Global Integrated Services are a management consultancy firm that helps several clients with business establishment in Dubai. They have had companies interested in company formation in Dubai. The firm offers a wide range of services that can be out to good use by helping out these clients with business transition or business establishment in Dubai. Their most popular service that they offer is of PRO. Other than that they also offer legal aid and advice along with assistance with opening up bank accounts and securing insurance agreements. They also offer the service of protection of intellectual properties in Dubai.