UAE - The Ideal Business Destination

Feb 9
09:06

2015

Steve John 63

Steve John 63

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UAE has a more stable macroeconomic environment for investment, thanks to the government spending on infrastructure and its pro-business attitude. UAE...

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UAE has a more stable macroeconomic environment for investment,UAE - The Ideal Business Destination Articles thanks to the government spending on infrastructure and its pro-business attitude. UAE has also signed double taxation avoidance treaty with more than 52 countries in the world.   It offers easy access to vast consumer markets situated in Africa, Asia,setup in abu dhabi,CIS countries, Far East and Europe as well as the areas surrounding the Red Sea,setup services qatar and the Gulf.  The UAE offers incoming business all the advantages of a highly developed economy. Its infrastructure and services match the highest international standards, facilitating efficiency, quality and service.  UAE being a tax free economy coupled with its strategic location as gateway to West and East and excellent infrastructure is one of the most preferred locations for doing international business. UAE a federation of seven emirates has undergone a profound transformation since 1971. UAE is currently placed at 25th position as per the latest ‘global competitiveness report of World Economic Forum. The UAE has reached advanced position among 139 countries assessed by the report. It ranked third in the world for 'quality of infrastructure,' three positions ahead of its classification in last year's report, and also ranked third in 'government provision of high-technology products.

 

The workforce in for doing business in uae is truly multi-national with workforce from the USA, Canada, Britain, Sweden, Russia, India, Pakistan, Philippines, Sudan,  besides GCC countries being actively associated in the industry and service sector.

  

UAE is being attracted by foreign investors due to the benefits it offers viz, zero taxation, no exchange controls, no trade barriers,performance consulting UAE,competitive import duty (5% with many exemptions), competitive labour cost, free enterprise system, free trade zones, highly developed infrastructure, state of the art telecommunications, etc.

 

The business friendly government departments assist investors in company formation uae which is much faster compared setting up businesses in other parts of the world.

 

The excellent infrastructure, the opening up of many specialized free zones such as internet city, media city, healthcare city, education city besides the legendary Jabel Ali Freezone,setup services fujairah the competitive rates on power and Petrol, industry friendly regulations make UAE on the most preferred destination for doing business.

 

The development of excellent hotels, malls, Clubs adds to providing the business men and professionals excellent getaways during the weekend for leisure and recreational activities.

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