Starting Up Business in Abu Dhabi
Once you have decided to
establish your business in Abu Dhabi, you must be able to efficiently define
the nature of your business. It is also essential to know the basic
requirements of your business. It will be very helpful if you have developed a
proper business plan on your own before applying to governmental authorities.
Good understanding with your business plan will help you to start up your
business smoothly.
Business Environment in Abu Dhabi
Business environment in
Abu Dhabi supports all local and foreigner investors and entrepreneurs without
making any discrimination. Businessmen can take advantage of utilizing state of
the art infrastructure, telecommunication, transportation, cargo and shipping
amenities in the region. Moreover, emirates also develop free zone in specific
areas that offer 100% ownerships rights with paying zero taxes on income and
capital amount invested. In fact if you are a foreigner, who is setting up
business outside these free zones, you will need to pay negligible percentage
of tariff around 5%.
Strong economy and political stability
Abu Dhabi is among
wealthiest cities and possesses very strong and stable economy. Secondly
emirates political condition is also very stable. Stability in politics and
economy are the two major factors responsible for progress in almost every
business sector. Entrepreneurs from several Western countries and neighboring
Middle Eastern countries are considering this emirate to establish their
business and maximizing their profits.
Low Business operating cost and 100% compensation of Profits and
Capital
If you compare the total cost of establishing
and operating business in Abu Dhabi with Western countries you will find that
total labor and operational cost is low. Whereas newly established free zones
allow entrepreneurs to earn maximum profits with zero taxes.
Businessmen can take advantage of human
resource skills of foreign experts working in Abu Dhabi. Secondly Abu Dhabi
Chamber of Commerce and Industry also support new comers and provide helpful
information to guide them.
5 comments:
Outstanding Post. . . .
Dubai City Tour
Hi, I am Michelle Dela Cerna currently based in Dubai, I am your avid reader of your blog since then and somehow you give me an interesting idea about Abu Dhabi.
https://www.dubaieveningsafari.com/abu-dhabi-city-tour/
I would like to commend you for a very good job in every blog that you've made. Thank you for inspiring us!
Hope you will make more blog! ♥
Wonderful article, thanks for putting this together! This is obviously one great post. Thanks for the valuable information and insights you have so provided here. jubaexpresscommbrokers.com/
Wonderful blog. I appreciate your thoughts.
Informative and creative article.
Keep sharing...
Offshore Company Setup In Dubai
Wonderful blog. I appreciate your thoughts.
Informative and creative article.
Keep sharing...
Mainland business setup Dubai
Post a Comment