UAE

Doing business internationally requires understanding of the local political and legal environments. In a country like the United Arab Emirates (UAE), this can be a complex process, but it is necessary for successful market entry. This paper will explore the political and legal environments of the Emirates.

On a national level, the UAE is generally considered to be an open economy, and is certainly one of the more open economies in the region (CIA World Factbook, 2013). The country has committed resources to infrastructure development and job creation, indicating a willingness to build the economic strength of the nation for the long run. There is a free trade agreement in place with the United States. In addition, several areas have set up Free Trade Zones allowing 100% foreign ownership and no taxes, with the objective of attracting foreign investors (CIA World Factbook, 2013). It is worth noting that such...
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