White collar crimes and a case study on SPEAKASIA.COM

Topics: Dubai, United Arab Emirates, Dubai Internet City Pages: 23 (5575 words) Published: April 28, 2014

Why Choose Dubai As An Investment Location?5
Dubai’s Key Advantages7
Business Startup Services in Dubai16
High Quality of Life, Excellent Living Conditions:20
Strong Local Commercial Tradition and Wide Choice of Potential Business Partners26 Extensive Foreign Trade Network & Major Achievements in Export and Re-Export Performance:28 Rapidly Developing Manufacturing Sector Producing a Wide Range of High Quality, Competitive Export Products:29 Tourism:30


I am indebted to various people, who directly or indirectly contributed in the development of this work and who influenced my thinking, behavior, and acts during the course of the study. I express my sincere gratitude to Amity University Dubai for giving me the opportunity and facilities to complete the project. I am thankful to Mrs. Sudha Bhatia for her support, cooperation, and motivation provided to me in the course of the project for constant inspiration, presence and blessings.

This paper looks at Dubai, UAE. It looks at it new and ever changing business methods. It also argues why Dubai, UAE is one of the best places in the world to do business. It looks at various sectors across the economy. In conclusion, it talks about how Dubai, UAE will grow and how will businesses capitalize from Dubai’s booming economy.

Dubai is one of the seven emirates of UAE. The emirate consists of a city of the same name. The city is the largest in terms of population among the rest of the cities of UAE and is the second largest city in terms of area after Abu Dhabi. The history of Dubai dates back to the era even before than the formation of United Arab Emirates. It was only a desert back then in which only tribal Bedouins living in the area could survive. Gradually the population began to rise and thus the desert gained the shape of a city that is one of the largest cities in the world of modern times. Previously Dubai's economy was dependent on oil trading business only. Then steps were taken by the government of Dubai to diversify the economy of Dubai. One of these steps was making Dubai an industrial and commercial hub in the region.

For this purpose, many different free zones were established all over the city. These free zones played quite an important role in the diversification of the economy of Dubai and in the creation of a business hub in the city. The companies that were operating in these zones were given special allowances and benefits that helped in flourishing their trades all across the city. Dubai Free Zone Company enjoys benefits such as better infrastructure, a wide range of facilities (warehouses, offices), relief from corporate tax, and zero import duties. One of the most important benefits that were available to the companies operating in the zone was that these companies could be 100% owned by foreign investors. There is a rule in Dubai for a company that the majority of the shares of the company are to be held by the local residents of Dubai. Since the free zone companies are excluded from this restriction therefore this has helped a lot in attracting foreign businesses to operate from these zones in the city.

Why Choose Dubai As An Investment Location?
The Dubai economy enjoys a competitive combination of cost, market and environmental advantages that create an ideal and attractive investment climate for local and expatriate businesses alike. In fact, these advantages not only rank Dubai as the Arabian Gulf’s leading multi-purpose business center and regional hub city, but they place it at the forefront of the globe’s, dynamic and emerging market economies. Dubai, with its ancient commercial and seafaring traditions, has long been recognized as the Middle East region’s leading trading...
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