The UAE is one of the most prosperous regions in the Middle East. Right now, it is undergoing an economic transformation and is becoming a magnet for all the investors in the world. The national government wants to bring in a knowledge-based economy and reduce its dependence on oil revenues. There has been a significant success in this direction; the economy of the UAE grew by 0.8% in 2017 over the preceding year.
One of the most successful emirates in the UAE is Abu Dhabi which is an economic powerhouse. If you want to set up your business in Abu Dhabi, please read this article.
Setting up business in Abu Dhabi isn’t easy
To set up your business in Abu Dhabi, investors need to speak with experts. Abu Dhabi has a different set of rules and regulations and some of them are very complex. For establishing your business here, you need a local partner who understands the local government, bureaucracy and other regulatory people. A local business consultant also helps you spot various business opportunities in the region.
Advantages of starting a business in Abu Dhabi
Before answering the question ‘How to start a business in Abu Dhabi’, it’s better to understand the business advantages of this emirate.
- Strategic location in the Middle East region- Businesses can expand to other countries while being located in Abu Dhabi.
- Excellent infrastructure.
- Corporate and personal tax exemptions for business owners.
- Millions of square meters available for foreign enterprises to set up their offices.
- Abu Dhabi is the wealthiest emirate in the whole of United Arab Emirates.
- Per capita GDP of Abu Dhabi is the third largest in the world. Currently, it stands at USD 70,000.
- Non oil sectors such as tourism and banking are doing very well in Abu Dhabi.
- Abu Dhabi hasn’t incurred any direct debt from any source so far. It funds the development of the smaller emirates in the UAE.
How to start a business in Abu Dhabi?
Arab Business Consultant is a leading business consultant when it comes to handholding potential investors in Abu Dhabi. Over the years, it has helped several small, medium and big companies launch their businesses here and elsewhere in UAE. Some of the areas where this consultant can help you are:
- License Approval
Your business consultant will help you get all the necessary licenses quickly. You won’t have to stand in long queues and fill up papers. You can also depend upon it to renew your commercial, business, educational or industrial license.
- Pay for what you use
When you pick a particular package, you don’t have to pay for the unused features. This way, your business expenses come down considerably and you can reinvest your savings in other business areas.
Did this article answer the question, ’How to start a business in Abu Dhabi?’ If not, then Arab Business Consultant would like to hear from you.
