Thursday 16 February 2017

Business initiation in Dubai

Dubai is one of those cities of the world that in recent times have caught the attention of not only the business community but also of people from several walks of life. An estimate of its popularity can be taken from the fact that it is the 4th most visited city in the world after London, Paris and Bangkok. The tourism industry in Dubai is flourishing. Specifically, the construction of Dubai land, which is expected to be even bigger than the Disney land, is sure going to increase the number of tourists coming to Dubai per year. The government plans to attract about 20 million visitors per year by the year 2020. They are not only targeting upper class families and tourists but also middle class. The main underlying aim is to increase their revenues and the number of tourists visiting Dubai per year.
The hospitality industry in Dubai is also at par with its international counterparts. Among the top 10 tallest hotels in the world, 6 are in Dubai. With an increasing flow of tourists in Dubai, the hotels too get a full chance to have visitors. Many industries like tourism and real estate are in full functioning in Dubai. They are not just generating their revenues from oils but also from these industries.
Dubai hosts a good majority of free zones as well. These are what that has made businesses interested in having business setup in Dubai at the first place. These free zones with no local restrictions offer a place where they can develop their business and let it progress without a worry about taxes, ownership or currency restriction.
There are several consultancy firms that offer services to these companies interested in company formation in Dubai. GIS is among the top management consultancy firms. They have throughout helped a good deal of clients with business set up in Dubai.
The firm offers a wide range of services that can be out to good use by offering help and guidance to clients interested in business initiation or branching out business to Dubai.

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