Set up business in UAE

The market of the Arab Emirates attracts investors from all over the world every day. Setting up business in the Emirates now evidences good awareness of the situation existing in the global economy. Despite the economic crisis that covered the Emirates sweeping the thousands of not enough stable companies the national financial performance are rather high as compared to the other countries.

Continuous development of free economic zones promotes attracting of investment in the UAE. The businessmen are enticed by the simplified registration procedure. The high standard of living and security in the country is one of the advantages drawing more and more investors to the Emirates.

Steve Thomas, the professor at the Cass London School of Business and Finance constituting the part of the London City University, says that it is required to continue enhancing maturity of financial market and infrastructure in order to make Dubai the full-fledged financial center for the whole Middle East and the Africa. The financial performances in Dubai have already been growing to the higher values, which is evidenced by increase of 7% in the number of companies newly registered in Dubai International Financial Center (DIFC) for the first half of 2013. So, the total number of offshore companies in DIFC reaches about 979 entities.

Almost all businessmen strive for setting up their companies in the free trade zones in the UAE. The unique infrastructure of DIFC with its internationally recognized legislative base and dynamic business community comes up to the businessmen’s expectations. His Majesty Sultan bin Saeed Al Mansouri, the Minister of Economy of the United Arab Emirates, says that the friendly business environment existing in the UAE gives the investors reasons to set up business here on the basis of the absolute ownership when registered in the free trade zone. Aviation, tourism, public health, finance, logistics, education and oil-gas industry are the most prospective areas for investing in the Emirates today.