Among the Arab countries, U.A.E is one that has developed the most in a very short period of time. They are continuously in plans to build their place, stabilize their economy and increase their standard of living. U.A.E has been named as one of the growing and emerging financial business markets in the Middle East. U.A.E has also been ranked as the World’s Best Islamic Financial Institutions for 6 year in a row from 2008 to 2013. There banks are also claimed to be the world’s best foreign exchange providers. The trade policy in U.A.E is extremely efficient. As a result of that, U.A.E. hosts up to 50 % of the Fortune 500 companies.
The presence of free zones in U.A.E are also a major reason of attraction for investors and businesses interested in business setup in UAE. They see that with zero local restrictions, full ownership of the company and no corporate taxes, these free zones are the ideal places to get a business started. The most famous among these free zones is the Jebel Ali Free zone commonly known as JAFZA.
Many industries too are flourishing in U.A.E. The Tourism industry in Dubai is working on its full peak. With the construction of Dubai Land by 2020, they are expected to generate more attention and are expected to have 20 million visitors yearly to Dubai Alone. They are also working on increasing tourists attractions in other states that come under U.A.E as well. The purpose is to generate revenues and provide a path for many related industries to flourish and progress.
Among the companies that provide guidance and help with company formation in UAE, GIS is amongst the top. They offer a wide variety of diverse services that simply put, can be needed by an organization or entrepreneurs while moving to or establishing their businesses in U.A.E. They offer help with visa application and applying for work permits for their clients. They also provide legal aid and advice to their clients.
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