This chapter contains an overview of the legal framework in which local and foreign investors operate including guidance for firms doing business in the emirate, advice for the establishment of a joint stock company and a rundown of the incentives provided by the emirate’s free zones.
This chapter contains an overview of the tax framework in which local and foreign investors operate including an outline of the business and tax incentives offered by the free zones and a rundown of the Wages Protection System. This chapter contains a viewpoint from Dean Kern, Middle East Tax and Legal Services Leader, PwC.
The media industry in Abu Dhabi has witnessed a surge in investment recently as sector infrastructure is developed to support the expansion of local production and content creation. By early 2015 direct spending on television and film production was expected to contribute $108.9m to the UAE’s economy over the next five years while the Media Zone Authority is looking to expand the breadth of...
The authorities in Abu Dhabi are seeking to develop the local agriculture and food-processing sector as part of wider efforts to improve food security and diversify the economy, with the emirate now emerging as an important regional food-processing center. Dates are Abu Dhabi’s most important crop and largest agricultural export by value, while there were 31 commercial livestock farms...
The federal government’s recent efforts to reduce the nation’s environmental impact have started to bear fruit. A three-year plan was announced in late 2014 for reusing 100% of recycled water. Currently Abu Dhabi treats all 800,000 cu metres of the wastewater generated daily, of which 60% is reused while 40% returns to sea. Meanwhile in early 2015 legal moves were made to endorse the expansion...
Abu Dhabi has become increasingly competitive as a regional and international destination in recent years. Guest numbers for 2015 were in line with growth targets, a trend that has continued over from 2014. In 2015 arrivals surpassed 4.1m, equalling an 18% increase over 2014, when 3.5m people visited. Indeed there is a growing recognition that the emirate is home to a “visitor economy” – one...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×