New opportunities in Dubai attracts more company formations

Company Formation in Dubai, UAE is more pronounced all over the world, subsequent to the historic event of winning the right to host Expo2020 by Dubai. The political stability and unbiased foreign policy are the key factors which attract the world’s leading investors to invest in Dubai, UAE.  Further economic growth of UAE is the key incentive for them to invest, while the developed countries in east and west throughout the world still distressed in the after effect of financial downturn.

Business people in Dubai, UAE and new investors from all over the world have great news today. Foreign minister, Shaikh Abdullah bin Zayed Al Nahyan, of UAE said that  the UAE ambassadors have been directed to ease all obstacles that could face investors willing to open business in UAE. “The coming years are very important to us in sustaining and maintaining our national achievements and in expanding the role played by the foreign, economic and investment policies in the global economy” he added. Dubai winning the bid to host the Expo2020 after a stiff competition was a result of the word’s confidence in the UAE and its economy.

In current year, UAE is ranked in 33rd position in the word, in the Ease of Doing Business survey by IFC. In the Global Competitiveness Report for 2013- 2014, the UAE did better performance and reached in 19th position from 24th position, in the competitiveness of its economy in one year. UAE is aiming to enhance its competitiveness by diversifying its resources.  Emirates Chartered Accountants Group’s, company formation UAE division head recently noticed that the number of company formation in UAE is increased tremendously. In his opinion, the new free zone in Dubai – Dubai World Central (DWC) is expected to register more companies in the coming months, because of the importance of the location in the recent experience in Dubai.

To set up a business in UAE we, Emirates chartered accountants Group’s company formation division help everyone to break obstacles and ease all the procedures to form companies. Feel free to email us for more details info@emiratesca.com

 

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