PKF Doing Business in the UAE
scientist and thinker Benjamin Franklin once quoted - 'When you're
finished changing, you're finished'. The vibrantly growing and
constantly changing landscape of the United Arab Emirates (UAE)
seems to have taken these words to heart, with honest
sincerity. The scope and magnitude of how much this country has
grown in character, particularly in the last decade is phenomenal,
even by global standards.
It is natural therefore that most businessmen with a keen eye on
the new hub for 'world' economics and trade, are making a beeline
for the UAE. Whether it is the lure of consistentcy, healthy
profits or the zero tax carrot or the once booming real
estate sector, there is no doubt that conglomerates from both
developing and the developed world economies want a piece of the
From being a tiny tear drop on the world map to being the most
progressive centre in the world for commerce, trade and tourism,
the UAE has come a long way. It is only fair that investors should
have a bird's eye view and then again a bit more of what it takes
to be a part of this desert landscape.
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