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Start a Business in Middle East
In the last several years, the Middle East has become a major source of revenue for many foreign investors interested in nations like the United Arab Emirates, Qatar, Saudi Arabia, Bahrain, and Kuwait.
Setting up a business in Qatar or any of the other nations stated above can have a favourable impact on individuals wishing to set up operations in the Middle East; some the perks linked to opening a firm in this part of the world are outlined below.
Access to The Gulf Cooperation Council
The Gulf Cooperation Council is made up of wealthy Middle Eastern nations that share a common legal framework and have access to valuable natural resources. Those looking to start a business in the Middle East can do so in any of the GCC countries, where they will benefit from tax benefits, special investment regulations, and, most crucially, a simple company registration procedure.
A Good Taxation System
Not only European and Asian countries have good tax systems; governments in the Middle East have recognised the need of providing a tax structure that benefits business owners. Some jurisdictions in the area, such as the UAE, have a taxation system that allows some corporations to avoid paying corporate taxes, while others have some of the lowest corporate taxes in the world.
Great Geographical Location and Infrastructure
The Middle East is noted for two things: its location, which provides access to significant markets around the world, and its infrastructure, which supports this access. Middle Eastern governments recognise that time is one of the most valuable commodities for investors, and that a good infrastructure will have a favourable impact on a company’s overall operations, which is why countries will not settle for good infrastructure, but for exceptional infrastructure. Although the Middle East is a major participant in the oil and gas industry, several countries in the region have begun to engage in and support other economic sectors, which has helped them attract investors from other industries. Now that the Middle East is one of the most important investment locations for major players in the financial, research, development, and innovation industries, establishing a company here might be as enticing as establishing a firm in any other European country.
A Crossroads for International Trade
The Middle East has been at the heart of worldwide international trade for millennia. Whether it was the ancient Silk Road or the twenty-first-century oil traffic, the Middle East has always had world-class port facilities and can now boast some of the best commercial facilities in the world.
An Educated Workforce
A successful workforce is one that is well-educated. This is an idea that is prevalent throughout the Middle East. Education is extremely important. In many of the countries in the region, the labour force is made up of people with university degrees and higher. The Middle East is a huge and diverse cultural melting pot. Any company doing business in the Middle East should get familiar with the regional variances. Doing Business in the Middle East, for example, is a Communicaid cross-cultural training programme that will give your organisation an introduction to the intricacies and obstacles of doing business in the Middle East, as well as techniques to increase your chances of success.
Fundamental Advantages
Manufacturers benefit from a variety of key advantages in the region. It is a natural commerce hub, serving as a maritime crossroads between Europe, Asia, and Africa for ages. It’s important to remember this spatial advantage because the gravity model of commerce demonstrates that trade is stronger when huge markets are easily accessible. Furthermore, oil earnings have resulted in sizable sovereign wealth funds, allowing governments to invest in achieving policy objectives. The Middle East has evolved into a worldwide trade crossroads. The Middle East countries have generated some of the world’s foremost hubs across many industries, from the UAE’s globally recognised logistics hubs to Saudi Arabia’s revolutionary advancements in the renewable energy industry. Here are a few of the key areas where Middle Eastern countries are setting new, world-leading standards:
- POWER AND ENERGY
- LOGISTICS AND TRANSPORTATION
- HEALTHCARE
- RETAIL
Entrepreneur India, an Industrial monthly magazine on industrial development, technologies & project opportunities aims at simplifying the process of choosing the suitable project for investment. It makes business decisions easier and trouble-free for business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident Indian), startups, and professionals looking to start their own venture by providing information about right projects for investment. ‘Entrepreneur India’ -the right tool for identifying sound investment projects is published by Niir Project Consultancy Services (NPCS) An ISO 9001:2015 CERTIFIED COMPANY – a multidisciplinary project consultancy organization.
NPCS provides reliable consultancy services worldwide and has been excelling its expertise in a wide range of services. The services includes: investment opportunities, technology transfers, pre-feasibility study, business plan, new project identification, project feasibility, identification of profitable industrial project opportunities, thorough analysis of the project, plan all resources & details on capital and operational costs, economic feasibility study of the project, profile analysis, preparation of project profiles / pre-investment studies, market surveys / studies, preparation of techno-economic feasibility reports, funding analysis, market potential study, identification and section of plant /process / equipment, general guidance, technical and commercial counseling for setting up new business.
NPCS is one of the leading players in the industry endowed with the expertise, sound technical knowledge and intellectual asset. NPCS is a repository of reliable professional information for the entrepreneurial fraternity of India and has well experienced professionals in market research comprising of consultants, experts, field executives, researchers and analysts from different industries and sectors. We strive to provide a global platform for the entire entrepreneurial ecosystem by providing right project for investment, market survey studies and research through our advanced industrial, business and commercial databases.
Over the years, we have transformed from being consultancy firm handling project reports, market surveys, etc. to multi-functional, multi-disciplinary organizations offering a wide range of services to the industrial sector. We have contributed to the improved performance, efficiency and profitability of hundred thousands of clients through the wide spectrum of projects in different business areas including manufacturing, agro farming, livestock, service industry, and trading, etc. Our systematic and integrated approach leverages existing systems to make the right information accessible at the right time and enables better decision making. We have undertaken extensive work in identifying new project opportunities, sourcing technology and industrial know-how from European, South Asian plus USA etc and keeping in step with changing industrial scene and growing needs of entrepreneurs and business houses in India and Abroad. We aim at supporting our customer’s business objectives and consistently delivering techno-economic feasibility report with outstanding industrial performance that meet cost, schedule and quality targets.
We at NPCS want to grow with you by providing solutions scale to suit your new operations and help you reduce risk and give a high return on application investments. A large number of our Indian, Overseas and NRI Clients have appreciated our expertise for excellence which speaks volumes about our commitment and dedication to every client’s success. We bring deep, functional expertise, but are known for our holistic perspective: we capture value across boundaries and between the silos of any organization. We have proven a multiplier effect from optimizing the sum of the parts, not just the individual pieces. We actively encourage a culture of innovation, which facilitates the development of new technologies and ensures a high quality product.
SPECTRUM OF SERVICES
Ø Thorough Analysis of the Project.
Ø Requirement Collection.
Ø Plan all Logistical Requirement and Resources & Details on Capital and Operational Costs.
Ø Techno-Economic Feasibility Study of the Project.
Ø Profile Analysis.
Ø Industrial Market Survey/Research.
Ø Product Test.
Ø Market Growth/ Potential Studies.
Ø Demand Studies.
Ø Brand Awareness and Preference Studies.
Ø Package and Concept Testing.
Ø Funding Analysis.
