Importance of Feasibility Studies in UAE

As people who are getting profited because a business exists, we don’t see much of what’s going around inside the building. We aren’t getting profited in the money sense, but we sure have newer products everyday on our hand and within our reach to try and test. So we can find out if they fill that latent demand gap. Businesses go through several stages to be successful. They go through even more to maintain that success and let it grow over time. Today, technology has made it significantly easier for businesses to be born but they need to have that extra unique element in order to grow and thrive of success and grandeur.  Many organizations today are in to planning expansion phases for them so that they can grow and mark their name and identity in other places as well. For this purpose, these organizations are often on the look for finding places that offer suitable and constructive business conditions.

If we take a look, at the Arab world, we can safely say that U.A.E among many Arab countries has one of the most open economies. This makes easier for businesses to settle up there and enjoy. The free zones in U.A.E are basically places that neither follow nor abide by any local laws or restrictions. And the best part is that they have zero corporate taxes. U.A.E has emerged as one of the burgeoning business communities of the Middle East. Many businesses today are interested in having business setup in UAE. Apart from Dubai; the other states of U.A.E depend upon the oil and energy sector to earn revenues. Abu Dhabi has the 90 % share of oil reserves of U.A.E, and by an estimate they have almost 10 % of the world’s oil reserves. It is expected that U.A.E’s GDP forecast will rise from 4% -5%from 2017 to 2020. The non-oil sector in U.A.E is growing and can be attributed for the growth in GDP is a limited manner.

All these factors make several businesses interested in having company formation in UAE. Global Integrated Services are a business management consultancy provider. They provide the service of feasibility studies to many of their clients. A feasibility study by definition is one that covers all the aspects of a proposed business idea. It covers all the aspects from the initiation to the execution of the plan, the pros and cons and the financials needed plus the different ways to obtain them. GIS also offers the service of business plans & feasibility studies in UAE.

Their portal of services also includes providing help in areas like legal aid, protection of intellectual property, corporate services and more.