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Why Abu Dhabi? Pros and Cons of Setting Up Your Business in Abu Dhabi
Abu Dhabi is a place where most of the business ions in the world have been looking forward to set up their pillars. It may be because of various reasons. But the major reason behind that may be the kind of business atmosphere they get in Abu Dhabi. Yes, there is no doubt on the kind of business atmosphere one can get in Abu Dhabi. Abu Dhabi is a place where you can begin with your business dreams. If you have an aspiration to start up a fabulous business in Abu Dhabi, we are here to help you out by telling you exactly about the pros and cons of doing your business in Abu Dhabi. So let us together have an interesting journey into the opportunities of Abu Dhabi business world.
WHY ABU DHABI?
Abu Dhabi is one of the most important Emirates of the great nation called the United Arab Emirates. It is also the capital of UAE. And as you might already know the United Arab Emirates is situated on the edge of the Arabian Peninsula and is composed of numerous sheikhdoms. The country itself is at the forefront of modernity, and creativity of the 21st century. In recent years, the tourism and dynamic economy have made Abu Dhabi a regional center for foreign investors and an attractive place. Never before has the business done in the Abu Dhabi has been more satisfying. Let us now turn into a few pros and cons of doing business in Abu Dhabi.
What are the benefits of doing a business in Abu Dhabi?
This is a very much attention seeking question. A good answer to this might impress many bright minds to make Abu Dhabi as their business capital or dream land. Therefore let us now have a clear idea about the benefits of doing business in Abu Dhabi.
The Strong And Growing Economy:
Yes, United Arab Emirates has got a strong and growing economy. And being the prime Emirate of the UAE, Abu Dhabi has it in plenty. There is no question over the strength of business in Abu Dhabi. The economy is strong and it is growing to heights day after day. Therefore if you are planning Abu Dhabi as your place to start a business, it is something that attracts you.
If you search the meaning of the word ‘robust’ you will find the meaning as strong and healthy or vigorous in Oxford English Dictionary. And that is exactly the meaning of infrastructure when it comes to Abu Dhabi and UAE at large. Yes Abu Dhabi has a robust infrastructure. This would truly mean that the territory will make sure that you get all what you need to go forward with your dream business. Like in many other places, you don’t have to struggle because of the poor infrastructure.
Low Import Duties:
It has been a huge concern for business men all over the world when high import duties have been kept asking. But this concern need not affect you in UAE as a whole and also in Abu Dhabi. Therefore it is evident that the import duties in Abu Dhabi will never disappoint you.
What are the drawbacks of doing business in Abu Dhabi?
This too is an important question to be answered. And as the answer to the previous question, this too is well described below.
You might already know that Abu Dhabi is a free zone and there are certain trade limitations actively there in Abu Dhabi. But it is all about your choice. You can choose the better always. These limitations are affecting only some people. But in general, it cannot be found as a big issue for you to leave Abu Dhabi.
Restricted Business Activities:
Yes, it is a fact that certain business activities are strongly restricted in Abu Dhabi and in UAE at large. And this would probably disappoint at least some category of business people. But still what you can witness is the good number of business men embracing Abu Dhabi in spite of all these restricted business activities.
Finding a Local Partner:
Finding a local partner has also been a drawback when it comes to doing business in Abu Dhabi. At least some people must have been disappointed due to this. But there is no point in mourning over that. Because as we look at the number of people being successful with their business, it is very much possible as well.
As we conclude our discussion over the pros and cons of doing business in Abu Dhabi, we saw many of the benefits and drawbacks. And we strongly believe that these informations would surely help you to move forward with your business dream in Abu Dhabi. May it help you in the best possible manner.
If you have any further clarifications regarding this we are there to help you out. You can reach out to us in FIMKIN.