Thursday 2 March 2017

Business in Dubai’s Free Zones

Dubai is one of the fastest emerging cities of the world. It has sort of become an unofficial hub of the world’s business. The city holds many attractions that make it one of the most visited cities in the world. It’s the 4th most visited city to be precise after London, Paris and Bangkok. Dubai is a part of the federation of U.A.E that has seven states under it. Among the states, Dubai is the only one that has taken bold steps in diversifying their business and letting the non oil sector play a huge and important role in earning revenues. Unlike Abu Dhabi, they don’t primarily depend upon oil sector. The economy of Dubai after the crisis of 2008-09 has taken an uphill and is growing with every passing year.  All these factors combined together have made Dubai an interesting place for business set up. Many businesses and investors today are interested in having business setup in Dubai. They see several opportunities in diversified industries and they want to make the most of such opportunities.
The free zones in Dubai are also a great reason of interest for many. They offer zero taxation and duty on goods for use in these free zones. Jebel Ali Free Zone is the most sought after among all. Many entrepreneurs too today find these free zones perfect places for them to initiate their business.  The economy of Dubai is expected to grow by 3.1 % in 2017 followed by 2.7 % of 2016.

There are several management consultancy firms that provide services to different clients’ interested din having company formation in Dubai. Global integrated services are a management consultancy firm with a vision to be on the top in their area if work. They offer a diverse and wide range of services to their clients interested in having company formation in Dubai. Among their offered services the most popular one is of PRO.

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