The United Arab Emirates is one of the world's top 20 largest exporters and importers of commodities. The current population of the United Arab Emirates is estimated to be around 9,692,529 (and 93.0 % of the population is urban).
Successful efforts at economic diversification have broadened the scope of opportunities across all sectors. Free trade zones, offering 100 per cent foreign ownership and zero taxes, are attracting foreign investors.
According to Gov.uk, the Strengths of the UAE market include:
- Its strategic geographical location; Dubai is regarded as a regional hub and commercial capital for the Middle East, North Africa and beyond
- Large expatriate population
- A liberal trade regime which attracts capital from across the region
Some of the advantages to exporting to the UAE are:
- Ease of registration
- Few restrictions
- Low taxes
- Very open and pro-business environment
However, there as some risks and challenges to overcome if you want to export to the United Arab Emirates. Its vibrant and rich economy attracts the interest of food exporters worldwide, but the challenges that this market presents are not to be ignored.
Some very important cultural aspects govern the business environment, from personal contacts to advertising and legal requirements. Islam plays a central role in the region, and it takes some time to understand these traditions that govern almost all aspects of UAE’s existence.
Infinitus can help you take your products or services to The United Arab Emirates!
UAE is one of the territories where we have developed more commercial relationships and is a market that Infinitus knows very well, since we have successfully introduced several products in this prosperous market. Let us guide you through the process of taking your business to the next level! Contact us to start this new stage of your business plan.