Business Growth in UAE

United Arab Emirates has recently gained popularity in the international business fraternity. Many businesses today are interested in having a business setup in UAE. They see that with the growing opportunities and development of many industries there, they too can make a lot of profit. U.A.E is basically a federation of seven states among whom Dubai and Abu Dhabi are its highest revenue earner. They initially got businesses interested due to the discovery of oil, but now their earnings are not entirely dependent upon the oil industry but also on other industries as well. Dubai for instance focuses more in commercial and financial banking, real estate, logistics, trade and tourism. Abu Dhabi has the highest oil reserves among all the seven states. So the majority of industries that are being established there belong to energy and oil sector. U.A.E has as of late, improved its performance in various scales that measure development of different countries based on selected criteria. According to the reports of 2014-25, in the WEF Global competitiveness Index U.A.E has moved five places up to 12 out of 144 countries.  According to the report, the UAE's institutional framework, infrastructure, macroeconomic stability and ICT use have all improved.  It also shouldn’t be undermined that U.A.E is also one of the most favorable and emerging banking markets in the Middle East and has one of the finest Islamic banking structures consecutively for many years.

All these improvements and the presence of free zones are enough of an indicator that many businesses today are interested in having company formation in UAE. Similarly the fact that these free zones are free from local restrictions and have zero tax situations is also a big reason of attraction for many businesses. All these factors combine pave the way for an environment where businesses can freely emerge and grow themselves without the fear of taxes and other restricting situations. These free zones also offer these businesses 100 % ownership unlike the main land in U.A.E.

Global Integrated services are a business consultancy firm that has helped several businesses with company formation in U.A.E. They offer a wide range of services that can be used by different companies and entrepreneurs when looking for business transition and business development in U.A.E. Their help is vital to many clients in business development in U.A.E as they guide through and through about the requirements for business development and of course with their services they offer practical implementation as well.