Business Modification in Dubai

Dubai is the most famous of the seven states that compile the federation of U.A.E. The city is full of life and has several tourist attractions. According to an estimate, the government of Dubai expects to have 20 million visitors yearly by the year 2020. They are in planning and execution phases of different projects that will increase tourist attraction in Dubai. The tourism industry and hospitality industry in Dubai are among those that generate the highest number of revenue. Dubai initially got famous due to the discovery of oil in the late 20th century. But they aren’t just dependent upon oil. The real estate and tourism earns them heavy share of revenue. The hospitality industry along with the tourism industry is getting international attention. Many businesses today are interested in having business setup in Dubai. With so many opportunities, these businesses too can make a lot of profits and gain market share as well.

The free zones in Dubai are also one major reason of attraction. These free zones are different areas of land that are free from local restrictions. This indicates that the laws and regulations in these free zones are such that they will accommodate the business development there. The best benefit that these free zones offer is that there is zero corporate tax. U.A.E recently has been ranked ahead of many European and Asian countries in world’s bank doing business index. They are now on number 22nd, the highest position that any Arab country has ever achieved. This index assesses 189 economies in 11 areas vital for facilitating business. In particular, the UAE scored highly in the trading across borders category (first in the MENA region and eighth in the world).

There are many business consultancy firms that help businesses in development and establishment in Dubai. Global Integrated services are one among the firms that have helped several clients with company formation in Dubai. They offer a diverse and wide range of services that can help a business and guide them towards the right way in business development in Dubai. They also help entrepreneurs by offering the service of feasibility studies and help them with structuring of their business plans.