Abu Dhabi Ranked as Second Best City in the World

UAE Company Formations to Rise as Abu Dhabi is Ranked Second Best City in the World

July, 2017

Abu Dhabi has been ranked the second best city in the world, overtaking both London and Paris.

The 2017 Ipsos Cities Index has ranked Abu Dhabi the second-best city globally to work, live and do business in…… moving up two places since the previous survey in 2013 (as reported by The National).

This latest achievement further cements Abu Dhabi’s reputation of being an appealing location to work, live and do business in, that international investors and entrepreneurs are highly attracted to.

It is clear that the number of new UAE company formations will continue to rise as more and more investors are setting up their businesses in the UAE.

The UAE is and will remain one of the world’s top business destinations.

Click Here to Read More Details on the Advantages of a UAE Company Formation

These encouraging results were announced by the Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) a few days ago.

The top cities were selected from a list of 60 cities, including major cities like Sydney, Toronto, Moscow and Hong Kong.

Contact Us Today for Your UAE Company Formation – Take Advantage of a Wealth of Opportunities

The Benefits of a UAE Company Formation

There are many reasons why your UAE company will thrive:

Financial Advantages

• 100% foreign ownership
• 0% income tax
• 0% corporate tax
• Zero custom duties
• Increasing number of double tax treaties
• Zero restrictions on repatriation of profits
• No minimum requirement for company formation
• Resilience to economic crises

Strategic Location

• World-class Airports and seaports for easy imports and exports
• Easy access to regional markets
• Located between Europe, Africa and Asia
• Easy access to China and India

Ease of Doing Business

• Unique, world-class transport infrastructures
• Common law jurisdictions
• Simple business procedures
• Pools of low cost skilled professionals
• Quick and hassle-free UAE company formation processes and licensing
• Independent regulations
• Superb telecommunications and IT infrastructures
• Unique business facilities

 Abu Dhabi Lifestyle Advantages

Click Here to Read More Detail on the Lifestyle Advantages of the UAE

Moreover, Abu Dhabi has unique lifestyle advantages, some of which are:

• One of the safest cities globally
• Ranked 2^nd best city in the world and ranked best city in the Middle East for quality of life
• Sunny throughout the year
• Varied landscape of coastline, mountains, islands, desert, oasis
• Spectacular entertainment facilities
• World-class, unique facilities such as museums, malls, water parks, hotels, spas, restaurants etc
• International tennis, golf, Formula One tournaments, concerts and more
• World class education and healthcare systems
• Political stability

Take the Plunge and Launch Your Own UAE Company – Contact Us

FBS Kotsomitis – How We Can Help with UAE Company Formation

We are pioneer UAE Company Formation Specialists.  FBS Kotsomitis can help you deal with all the legal hassle involved in setting up your UAE company as well as handle all your business needs so you are free to successfully operate your business.

UAE, RAK and Dubai Company Formation – 5 Simple Steps

1st Step – Get in Touch With FBS Kotsomitis to set up and license your company in RAK, Dubai or other UAE location.

2nd Step – Choose UAE, RAK and Dubai Company Structure: 

Select the ideal company type for your particular needs, in Dubai, RAK or other UAE location and the services required from FBS Kotsomitis to run your company.  FBS Kotsomitis serves as a one-stop-shop providing all necessary services and support for you to operate your company smoothly.

3rd Step – Kick Off the UAE Company Formation Process: 

UAE Company Formation, Licensing and Residence Visa issuance. We obtain and process all the necessary documents and complete and submit all the necessary applications.

4th Step – Open Your Corporate and Personal Bank Accounts:

Select a bank and open company and personal accounts. We assist you in selecting a bank and organize the bank account opening process for you after the UAE company formation process is complete.

5th Step – Begin Running your UAE, RAK or Dubai Company with  Continuous Support from Us: 

We provide consulting, document clearing, corporate services of all types including UAE tax and VAT services, legal, accounting, auditing, PRO services for the operation of your company or for your personal needs.

Ipsos Top Cities Index

Ipsos was founded in 1975 and is a leading global market research firm with a presence in 88 countries worldwide.

Over 18,000 people, aged between 16 and 64, in 26 countries were interviewed for the 2017 survey.  They were asked which cities they believed were the best cities to live in, do business in and visit. The scores from these questions were added to create the Ipsos Top Cities Index.

The results of the 2017 survey revealed that the city of New York maintains its number one spot as the most popular city in the world for work, rest and play.

• New York retains its position as the world’s leading city.
• Abu Dhabi has moved into second position, overtaking London and Paris. When the first survey was carried out in 2013, Abu Dhabi was ranked fourth as the most popular city in the world.
• Tokyo has risen two places, and is in joint-fifth position with Sydney and Zurich.
• Amsterdam is the only city that has entered the top 10 cities since 2013.

Contact Us for Your UAE Company Formation – UAE is the Preferred Business Destination for International and Local Organizations

Abu Dhabi’s Rankings in “Best City to do Business in” and “Best City to Live in” Categories:

The United Arab Emirates is One of the Most Attractive Countries in the World in Terms of Operation of Business and Residence – Contact Us for Your UAE Company Formation

Last but not least, it is interesting to note that Abu Dhabi ranked the highest amongst the three younger generations, namely Generation X, Millennials and Generation Z.  These categories of participants all chose New York and Abu Dhabi as the best two cities in the world.

It is clear that the Government of Abu Dhabi’s robust efforts in innovation are steps in the right direction, succeeding to making the emirate hugely popular with the younger generations.

Contact an FBS KOTSOMITIS Professional if You’ve decided You Need a UAE Company Formation