Soham Management Consultancy

Background UAE - the pearl of the Middle East offers innumerable features that make it an investors’ delight. Straddling both the gateway to the east and the west, UAE has the cultural, technological, political and communication advantages to make it a global business base. Some of the factors are: • Large and Growing Economy: Despite a relatively small population, Dubai's total imports exceed $14 billion. The reason is that Dubai is the major re-export centre for the region. The emirate's non-oil imports have expanded sharply in the recent past and are projected to grow further as it services emerging markets like India, the CIS, Central Asia and South Africa. • Diversified Business Opportunities There is potential for almost any type of goods and services. In the prosperous, but sparsely populated Gulf States, there is demand for foodstuff, high technology equipment and luxury products. • Tax Free Economy There are no foreign exchange controls, quotas or trade barriers. Import duties are extremely low, and many products are exempt. • Easy Accessibility The emirate's transport infrastructure is unrivalled in the region in terms of size, facilities and efficiency. More than 100 shipping lines and the airport serve its ports by nearly 100 airlines. English ranks on a par with Arabic as the main business language. However, as with all the markets, UAE markets also throws up its own complexities. There are many options open to international companies seeking to establish a business relationship with Dubai