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UAE the Preferred Business Destination – Morison Menon

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 company formation in uae and 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.

Overall the country has a more stable macroeconomic environment for investment, 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,CIS countries, Far East and Europe as well as the areas surrounding the Red Sea and the Gulf.  The UAE offers incoming business all the advantages of a highly developed economy. The infrastructure and company formation in dubai services match the highest international standards, facilitating efficiency, quality and service.  

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 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.  

The excellent infrastructure, the opening up of many specialized free zones for company incorporation in Dubai 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 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 development of excellent hotels, malls, Clubs adds to providing the business men and professionals excellent getaways during the weekend for leisure and recreational activities.

About Author:

Morison Menon is a leading Chartered Accountant Company in the Middle East with offices across UAE. The company provides entire gamut of services ranging from assistance in business feasibility studies, fina
ncial accounting, audit services,company formation,setup services,incorporate & doing business in  free zones.

The company has assisted more than 1000 companies to setup businesses in UAE - Dubai, Abu Dhabi, Ras Al Khaimah, Fujairah, Ajman, Umm Al Quwain, Sharjah, Kuwait, Doha-Qatar, Muscat-Oman, Bahrain, Saudi Arabia, Iran, Jebel Ali, JAFZA, DAFZA, Dubai Internet City, SAIF Zone, RAK Free Zone-RAKIA and DIFC [Dubai International Finance Center].

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