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Starting Business in the UAE – Common Difficulties

Starting Business in the UAE – Common Difficulties

September 2017

Starting Business in the UAE – Common Difficulties The UAE has become the real financial hub of the Middle East and starting a business here is much easier than anywhere in the world. Why? The UAE has some indisputable advantages such as tax-free environment, great infrastructure, the excellent location, and numerous free trade zones. It makes the UAE one of the best places for investment. Nevertheless, there are certain difficulties one can face in the Dubai when starting the business. Such difficulties arise simply due to

Abu Dhabi is the Best City to Live in – Results of International Rating

Abu Dhabi is the Best City to Live in – Results of International Rating

September 2017

Abu Dhabi is the Best City to Live in – Results of International Rating The latest Top Cities Index rated Abu Dhabi, the heart of the UAE, second best city to reside in, launch the business and have a comfortable life. It has left behind London and Paris. New York tops the list. Other major cities comprising the top ten include Tokyo, Amsterdam, Rome, Los Angeles, Zurich, and Sydney. The rating was completed on the basis of interviews with people aged 16-64 living in 26 countries of the world. About 18 000 people took part

Change of shareholders / shareholders structure in Dubai company

Change of shareholders / shareholders structure in Dubai company

September 2017

Change of shareholders / shareholders structure in Dubai company There are certain scenarios when a change of shareholders in a Dubai or other UAE company is required. There are certain particulars in the procedure and documents for such change which depend on the company type and place of its registration – main UAE territory or free zone, if free zone – which one exactly and other factors. In the present overview, we do not go into particulars of specific free zones and concentrate on the most common documents, steps

Stable UAE Economy Growth Rate

Stable UAE Economy Growth Rate

September 2017

Stable UAE Economy Growth Rate According to the Minister of Economy of the UAE, Sultan bin Saeed Al Mansouri, the UAE growth rate will reach 4% this year. This rapid growth is stimulated by developed infrastructure of the state as well as various projects that are already in operations or are currently being developed. Last year, the growth rate of GDP in the UAE reached 3.7%. The UAE has its own way of doing things. It boasts one of the most diversified economies in the world. It is also very stable, has excellent

Why partnerships in Dubai may fail?

Why partnerships in Dubai may fail?

September 2017

Why partnerships in Dubai may fail? Five reasons you have to be aware of Business partners are usually highly beneficial for everyone involved – be It in UAE or any other country. Companies can share costs, face risks together and hire the best professionals in the area. No wonder, it is one of the most popular ways to do business in Dubai and other business cities of the globe. However, in the long run, some of these benefits can turn into flaws. About 70% of business partnerships result problems and fail. Why? This is

Abu Dhabi – the capital of billions USD worth projects

Abu Dhabi – the capital of billions USD worth projects

Abu Dhabi, being the capital of the United Arab Emirates, traditionally provides investors and contractors with new opportunities for realization of ambitious projects. Projects planned for 2013 prove continued growth of Abu Dhabi economic activity. The total value of projects planned in Abu Dhabi for 2013 is 50 billion dollars.

Recent conference held in Abu Dhabi had been devoted to these new projects. The conference brought together government officials and leading local and international companies. Key top-level decision-makers have defined further Abu Dhabi economic development in priorities, opportunities and milestones for their implementation within Abu Dhabi Vision 2030 strategy.

Abu Dhabi continues implementing previously launched projects. The total value of these Abu Dhabi projects comprises more than 80 billion US dollars. The largest of them are:

  • oil and gas sector – USD 32 billion
  • real estate and construction - USD 26 billion
  • transport sector – USD 13 billion
  • manufacturing and industrial sector – USD 6 billion
  • healthcare – USD 4 billion
  • power and water sector – USD 3 billion

All of these projects open new horizons for creation and development of your business ideas and latest technologies in any industry and provide unlimited opportunities to start a new business or expand an existing one. United Arab Emirates provide favorable conditions for development of any businesses – both local and international. In order to get professional consultancy on the practical implementation of your ideas please contact our company’s experts.

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