Here are the top 10 reasons why to invest in Abu Dhabi:
Strong Economy
As of the fourth quarter of 2011, the real GDP per-capita had exceeded $85,912, casting Abu Dhabi among the world’s wealthiest countries or city-states such as Luxembourg and Switzerland.
Developed Infrastructure
Abu Dhabi’s communications infrastructure combining fixed telephone, mobile and Internet access compares technically to world’s most popular international business hubs.
The emirate’s logistics infrastructure is undergoing a massive upgrade, aimed at creating one of the world’ biggest and most efficient cargo handling centers.
Political Stability
Ancestral rule in the emirate guarantees that its economic agenda is safeguarded from unstable political issues.
Abu Dhabi’s geographic location away from the Middle East hotspots like Iraq, Israel and Lebanon and its progressive economic policies have won the confidence of its Middle Eastern neighbors, as well as those of numerous Western countries.
Crime rate in the emirate is very low, as respect prevails among residents.
Proximity to Growth Regions
Abu Dhabi’s strategic advantage for investors is the proximity to the world’s fastest growing regions namely, Asia and Africa. Collectively these regions comprise over 3.2 billion people, holding tremendous potential for economic and trading activities, featuring the world’s most populated emerging markets – China and India – as well as other oil-rich countries such as Russia.
Tax Free Business Environment
Corporate taxes are applicable only to branches of foreign banks and oil-producing companies in Abu Dhabi.
A negligible 5% tariff is imposed on goods imported from non-Gulf Cooperation Council (GCC) countries, although tobacco and alcohol products are subject to 50% customs duties.
Special economic zones altogether offer 100% tax exemptions.
100% Repatriation of Profit and Capital
The newly formed industrial clusters in Abu Dhabi’s special economic zones ensure zero-risk in the repatriation of capital and profits, besides 100% business ownership and tax holidays.
Low Cost of Doing Business
One of the most common types of business entities in Abu Dhabi is the limited liability company, with fixed initial capital.
Labour cost in the emirate is also relatively inexpensive compared to Western countries.
Legal Framework
Abu Dhabi’s legal framework is geared towards business growth, with streamlined incorporation procedures and free zones offering many benefits to foreign companies.
Labour law changes are also being considered to make workers’ rights more robust and employers’ obligations more clear.
Multi-national Human Resources
Investors immensely benefit from an abundant supply of human resource skills, courtesy of professionals migrating to the emirate from nearly every country in the globe, as well as the increasing number of UAE nationals that are joining the private sector.
Government Services
The Abu Dhabi Chamber of Commerce and Industry provides new entrants with helpful information and guidance.
