Dubai is one of the fastest growing cities in the world, with real estate, trade and hospitality mostly playing an important role in its fast expansion and contributing to its economy. It is probably the most well known of the seven emirates, an economic centre that attracts investors due to its amazing tax incentives. Abu Dhabi, the capital of the UAE and its second largest city, is also a place with a great industrial and commercial activity.
Together with the other emirates, Dubai and Abu Dhabi attract more and more foreign investors eager to start a new business in a high profile destination or to expand their business internationally. Business Services companies with experience in the UAE and Qatar offer business set up professional advice and firm formation solutions to persons intending to start investing or to companies willing to expand their activity in the UAE and the gulf area. If a company is looking to expand an already successful business in its home country, UAE and the rest of the gulf might be the right market to choose the business services.
These companies offer business services in all of the Gulf Cooperation Countries (GCC) including the UAE, Qatar, Bahrain, Kuwait, Oman and Saudi Arabia, in Middle Eastern countries like Algeria, Egypt, Iran, Iraq, Jordan, Lebanon, Libya, Morocco, Palestine, Sudan, Syria, Tunisia and Yemen and also to India. They provide all the preliminary information needed in order to start up a new business, handle any compliance and procedure issues, assist the investors or the corporations with all the formalities, including licenses, agreement and contract drafting, visas, registration information, Trademark or Intellectual Property Protection, and offer possible solutions to any problems that may arise during the entire process. Also, they will inform the investors about the necessary documents and the steps to take in order to open and operate a business bank account and they will find the best solutions to their clients different needs and goals. Another service provided by these companies is company liquidation assistance, with everything that it implies, the preparation of the legal documents, clearance letters, bank accounts closure, newspaper ad for company liquidation notice, visa cancellation, labour and immigration card cancellation and liquidation report and submission.
The key industries that offer business services and opportunities in the UAE are real estate, tourism, business consultancy, IT services, financial services, education, healthcare, transport and infrastructure and creative industries, like the publishing and media fields. Dubai is structured in many industry specific areas, such as the International Finance Centre, the Cars and Automotive Zone, the Healthcare City, the Internet City, the Media City and many others.
There are areas throughout the UAE, including in Dubai and Abu Dhabi, the so called 'Free Trade Zones', which do not come under the standard trade practice and regulation, meaning that lower tax rates are applied or even no tax is applied in some areas for the purposes of attracting new foreign investors. The main advantages of these zones are exclusive foreign ownership, income and personal tax exemption and import and export duty exemption. So UAE is the best environment for business services, in this case.