BUSINESS IN DUBAI

Many businesses today are in to expansion that one would really wonder why. The globalization that has been going on today has shrunk the world and has made people, countries and organizations come closer. This also opens a whole new door to businesses and provides them even more platforms to make them known and yet increase their profits. Many countries too today are making laws and legislations that will pave the way for not only stabilization of their economy but will provide opportunities for these businesses to enter these places.

Among the cities in the world that are bursting with opportunities of trade and commerce, Dubai is famous. With the discovery of oil in late 20th century, the business there has continued to do better. Dubai can be called an economic hub that is growing in power and diversity with a lightning speed. One would typically assume that most of profits of Dubai are generated from the oil industry. But according to current facts oil industry contributes to only 10 % of the revenues, the rest primarily is the tourism industry and real estate.

The number of tourists that visit Dubai each year continues on increasing. The government is estimating to have around 20 million visitors yearly by the year 2020. For achieving this feat, they are in to planning and execution phases of projects that will increase tourist’s attraction. The project of Dubai land is estimated to be completed by 2020. It will be even bigger than the Disney land. The expo 2020 that is going to be held in Dubai has also attracted many businesses and investors. They want to have a business setup in Dubai and make the most of these opportunities that are bestowed upon them. It has been calculated that the Dubai expo 2020 during the time leading to it will create 200,000+ jobs.

All these stated factors and many more have made many organizations and entrepreneurs interested in having company formation in Dubai. Global Integrated Services are a management consultancy firm that provides consultancy services to different clients interested in company formation in Dubai. They offer services that will help in applying for work permits for their clients to protection of intellectual properties.