Business Setup in UAE - BizVibeZ Consultants

 

The United Arab Emirates ( UAE) is a federation of the seven Emirates of Dubai, Abu Dhabi, Sharjah, Ras al-Khaimah, Ajman, Fujairah, and Umm al-Quwain. The Gulf Cooperation Council (GCC) is the most diversified economy in the UAE. A country that once relied on the export of its abundant oil reserves to run its economy now derives just a minority of its GDP from the same, having made economic progress in industry and tourism.

So much so that the UAE is one of the largest business hubs in the world, with its most populated city, Dubai, serving as the world's largest city and a favorite destination for entrepreneurs, investors, and visitors alike. All this has been possible as a result of the UAE government's market-friendly economic policies over the last three decades, encouraging foreign investment, sustainable growth, innovation, and science.

Business Setup Services in UAE

The UAE is a developed economy that provides a favorable market climate, world-class infrastructure, sophisticated facilities, responsive government standards, and efficient quality services to all incoming companies, irrespective of their country of origin. Business establishment in the UAE is a forward-looking and insightful business decision for the following reasons.

The UAE is a rising and diversified market with high global demand for imports and exports and extensive suppliers opportunities. The UAE has a strategic geographic position in a resource-rich area. The UAE has easy access and global connectivity with more than 90 airlines and 170 shipping lines. Above all, trade in the UAE is focused on free trade barriers (no quotas or exchange controls) of capital and profits.

Real estate and freight charges are competitive. There are no currency constraints on exchanging money, andthe Energy supply is abundant and low-priced. The country's population is educated and trained, so the location is favorable from the point of view of recruiting employees – not that there are restrictions on hiring foreign nationals.

Infrastructural development in the UAE is no secret – it's luxury real estate, state-of-the-art telecommunications networks, and stable power supply, and other utilities are a fertile breeding ground for business entities. There is high-quality housing for residential and office purposes, with state-of-the-art venues for exhibitions and conferences.The financial and services sector in the UAE is developed.

The nation has a cosmopolitan lifestyle with first-tier educational institutions, medical services, hotels, and shopping complexes.