This chapter contains an overview of the tax framework in which local and foreign investors operate in Abu Dhabi including a look at the limited tax laws in place and an outline of the incentives available for companies in the free zones.
This chapter contains an overview of the tax framework in which local and foreign investors operate in Abu Dhabi including a look at the limited tax laws in place and an outline of the incentives available for companies in the free zones.
Just over 50% of Al Ain’s Emirati population is under 20 years old and this young labour force, coupled with efforts outlined in Plan Al Ain 2030 to promote diversification should see the metropolitan area of Al Ain become an economic centre moving forward. The region’s status as an aerospace industry hub is growing rapidly, with this set to generate both direct jobs in the industry and to...
The telecoms industry is valued at $7.9bn and currently accounts for 3% of national GDP with the sector witnessing expansion of 6.6% in 2013, comparing favourably with the country’s overall GDP growth of 5.2%. Meanwhile the ICT sector added $5.7bn in real terms to the economy in 2013, representing a rise of 13.2% and equivalent to 2.9% of GDP. Indeed ICT has been a government focus in recent...
Abu Dhabi’s media environment is in the midst of rapid diversification, with ongoing investment in technology and skills in line with Abu Dhabi Economic Vision 2030 goals to build a sustainable sector capable of driving long-term economic growth and creating highly skilled jobs for Emiratis. Abu Dhabi Media Zone has attracted hundreds of companies to date with film and television broadcast and...
Dates represent Abu Dhabi’s most important commercial crop and agricultural export, with 99,136 tonnes produced in 2013, an increase from 80,461 tonnes a year earlier. Authorities are also encouraging the development of aquaculture as an alternative to fishing, with this segment seeing increased investment as new fish farms start to open in the emirate. Meanwhile the Abu Dhabi Farmers Services...
The UAE as a whole, of which Abu Dhabi is the largest emirate, ranked 25th in Yale University’s 2014 Environmental Performance Index, with the UAE scoring higher than any other Middle Eastern nation. Sustainability is a key focus moving forward and is included in the Abu Dhabi Economic Vision 2030. Since 2008, all new buildings in Abu Dhabi must comply with Estidama, the emirate’s sustainable...
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