Business in U.A.E in 2017

In the Arab world, after Saudi Arabia, U.A.E is the most stable state. It is said to have the most open economy in the Middle East. It comes as no wonder that with so much development going on in there, businesses are also interested in having company formation in U.A.E. Abu Dhabi among all the states has the highest percentage of oil reserves. It has almost 10 % of the world reserves of oil. Their GDP mainly depends upon the oil reserves but now they are planning diversification in non oil sector as well.  But the government is taking conscious decisions to increase the contribution of non oil sector towards the GDP. Tourism for instance is a successful industry in Dubai. Dubai is listed as the 4^th most visited city in the world after London, Paris and Bangkok. There are several tourist attractions there as well that keep tourists coming.

With so many business developments in different sector, it can be said that the economy of U.A.E will to grow fast. It is forecasted that the economy will grow 4% - 5% from 2017 to 2020.  The presence of free zones in U.A.E is also a major reason of attraction for many businesses. These free zones are free from local restrictions and offer zero corporate taxes as well. So many businesses even entrepreneurs want to have a business established in these free zones.

Global integrated services are a business management consultancy firm that offers a wide range of services to different companies interested in having their business established in U.A.E. They also offer these services to GCC countries. They offer the service of business plans and feasibility studies inU.A.E along with a diverse range of other services. The firm works with a vision to be the number 1 in their industry and they are working hard to achieve that.