Studies have indicated that UAE is noted to be one of the most promising blocks in the trading business, this service have been attributed by a number of factors. Therefore, as a result of the advantages that have been explained by the businessmen many companies are noted to have a plant at the UAE block in order to enjoy the advantages. Any company that is operating at the block is given a unique opportunity to network with other similar companies that are in the trading block which means there is more to be gained by every company from the networks that are formed.
The UAE block is located at very strategic block as it is at crossroads from West to East and into Asia. Therefore, based on the location many of the businesses that are in operation at the block are considered to be very advantageous based on the geographical location of the block. The number of companies that are in operation in UAE is large; there are international businesses that specialize in commerce, banking, manufacturing and modern logistics among other businesses. Therefore, when it comes to connecting with other like businesses a businessman is advantages as secondary business are available at the location with ease.
The UAE block identified to be a free trading block and this has been attractive to many businesses as the profits they make from a free trade zone noted to be greater as opposed to those made from a regulated block. Research has indicated with the free trade noted at the block, many people are noted to be encouraged to as they are able to start a business with little capital needed. Therefore, studies have indicated that with the free trade qualities foreign companies are noted to be encouraged to have plants there as they have complete ownership of their companies.
The companies that are in operation at the UAE are noted to enjoy significant amounts of tax reductions. Research has indicated that the free trade encourages companies to expand easily in the trade block as they have the needed trade routes they can operate in and with the foreign companies ability to expand gives the local companies an opportunity to get the international status needed. Furthermore, while having a business at the UAE a company is given the liberty to carry on business to the maximum extend where there are no restrictions at the legislation level on the currency exchange, profit and the withdrawal in the form of capital circulations or dividends.