The Flourishing Economy of UAE
UAE is one of the fastest growing economies in the world and the second largest in the Arab world. GDP of UAE economy which stood at $382.58 Billion in 2017 is projected to trend around $425.00 Billion by the year 2020. The economy of UAE has grown by nearly 231 times, since its independence in 1971.
Law Guide for Your UAE’s Company Formation
Favorable business conditions, state-of-the-art infrastructure, taxation policies and tactical location are the main crowning features which make the United Arab Emirates one of the most sought after destination for expanding business. Hundreds and thousands of international entrepreneurs and investors flock to the nation to tap potential international clients and reap the benefits of global profits. But, in order to conduct business in the UAE, a foreign businessman or investor must incorporate a formal legal entity within the geographical boundaries of the UAE through any one of the following means:
Points to Consider While Hiring Company Formation Consultants in Dubai
Entrepreneurs with a vested interest in creating globally acclaimed business organizations have been increasingly investing and establishing offshore companies in the free trade zones in Dubai. The investor and industry friendly economy of Dubai are the primary reasons for the increasing foreign investment in this region. The management of a reputed business consultancy firm, which has been helping companies set up establishments, like branch offices and manufacturing units in Dubai, mention that investors prefer to set up offices in the free trade zones in Dubai.