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The capital of the UAE, located on the South-Eastern side of the Arabian Peninsula next to the Persian Gulf, is the largest Emirate in Abu Dhabi. This is the second-most congested Emirate in the Federation after Dubai and constitutes more than three-quarters of the country's UAE area. Despite being one of the world's top oil producers, Abu Dabi has spread its economy off of oil exports since 2009, with 10 percent of the world's oil reserves. The city has received a large amount of investment for property, industrial, retail, and tourist.
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Abu Dhabi is one of the fastest-growing and affluent markets in the world. For a business person looking to launch a company in the Middle East, Abu Dhabi is a potential destination of choice. The corporate laws and commercial procedures in the Emirate are easy, and it takes only a few days for setting up a corporation in Abu Dhabi.
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Why start a company in Abu Dhabi?
Abu Dhabi is one of the most popular offshore sites in the world, being the administrative capital of the United Arabs. It represents 95% of the whole country's oil reserve and provides practically all economic sectors with various opportunities to invest.
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Besides being successful and safe, the establishment of a firm is widely preferred in Abu Dhabi because of its clear and flexible business setup. In contrast to several nations, setting up a new company or opening an offshore branch in Abu Dhabi takes just a few days. To achieve this, you have to correctly comply with the instructions.
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Here are some further benefits of establishing a business in Abu Dhabi:
· Abu Dhabi is located prominently between Europe, Asia, and Africa, which means that it is close to the rest of the world.
· The Emirates provides for an exemption from corporate and personal income tax and enables 100% foreign ownership.
· No controls on foreign exchange, quotas, or impediments to trade exist.
· Abu Dhabi has a top-notch living standard with world-class health, residential, recreational, education and transportation installations.
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Free Trade Zone Area in UAE
Free Zone Corporate Training provides single-window administration as an autonomous jurisdiction that permits an expatriate firm to own entirely an enterprise (100%). There is no necessity that the UAE native is appointed as a branch service agent or as a partner where the company is established in a free area.
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The establishment of an enterprise in the UAE has some limitations, and free areas are therefore a gateway for international trade. The local (UAE) product supply must be transported via local distributors, and a 5 % customs duty is to be paid by the enterprise.
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The Authority for Abu Dhabi Free Zone offers a suitable doorway to smooth registration of Emirate enterprises.
Abu Dhabi has all that an investor thinks about beginning a firm. It's a perfect place for any business dream. It provides not only the required services and infrastructure for the organization of companies but also has an increasing number of tourists from across the world. Tourism is famous for its prosperity in the Emirates in recent years.
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What Business Can be Profitable in UAE?
Since UAE is considered very welcoming for entrepreneurs, there are wide and ample opportunities for businesses to choose from. Mentioned here are a few from the list, which is sure to bring good profits.
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1. Healthcare and Medical Equipment
2. Food and Beverage Businesses
3. Cement Manufacturing Business
4. Ceramic Tiles
5. Textiles Manufacturing
6. Cosmetics Business
7. Sanitation and Hygienic Products Business
8. Sanitary Pads Business
9. Steel Wires Business
10. Agribusiness
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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. Its various services are: Pre-feasibility study, New Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Preparation of Project Profiles / Pre-Investment and Pre-Feasibility Studies, Market Surveys / Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant /Process / Equipment, General Guidance, Technical and Commercial Counseling for setting up new industrial projects.
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