BUSINESS OPPORTUNITIES IN THE MIDDLE EAST

Business expansion has become a trend in the current economical scenario. There is no limit to which an organization can grow or expand itself. More & more organizations are testing the waters by entering in to new industries. Many organizations are also opening up their branches in to places leading towards development. One place among the many developing is United Arab Emirates. There are many companies interested in having a business setup in UAE. They understand and see the benefits that having a business set up there will give them. On the other hand, the government there is now also welcoming trade and investment from foreign companies. This is a good omen and through this UAE will also be able to increase their position and one up their economy.

The way Arab carries and conducts their business is very different from that of other businesses. That is one reason that organizations and individuals interested in having business there should know the dos & don’ts of business in there. So it is better for outsiders to take the help of consulting agencies before venturing in to business in there. It is by the law that outside organizations should partner up with local firms for business ventures. The only place where they can have the total autonomy and powers of the business are free zones located all over UAE. These free zones have separate laws for import and export. And the duty and taxes charged there are also different. The only law that is applied all over UAE is the criminal law and even free zones aren’t exempted from it.

GIS has helped several organizations with company formation in UAE. They offer several business
related services to their clients. These services include protection of intellectual property, assistance
with account opening and securing insurance agreements, PRO services and much more.