UAE: Best place to start business in 2022

HLB HAMT News Team

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HLB HAMT - Accounting Firm in UAE

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Email:- dubai@hlbhamt.com

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    The UAE has topped the list of best countries for entrepreneurs, as per the Global Entrepreneurship Monitor’s (GEM) 2022 report. The country has been successful in outperforming other leading nations such as Netherlands and Finland.

    The Global Entrepreneurship Monitor analyzes the business environment for entrepreneurs across 50 countries, every year and prepares an assessment report. The reports intends to rank nations on the basis of the encouragement they provide to new businesses, which are of interest to not just entrepreneurs, but policymakers as well. The research also throws light on the significance of the rule of law and education systems in encouraging entrepreneurship.

    The UAE bagged the title of best place to start a business in 2022, by obtaining an NECI core of 6.8. The other countries that closely followed are Netherlands, Finland, Saudi Arabia, and Lithuania. The UAE has shown immense improvement in 11 of the 13 framework conditions. “This could be due to a combination of reasons, including the country hosting high-profile entrepreneurship promotion events such as Expo 2020,” the GEM report stated.

    There are numerous methods a country can adopt to enhance entrepreneurship and some of the major ones are supporting new business during hard times and providing required help to women entrepreneurs. UAE has helped new businesses via various initiatives during Covid-19 pandemic and they have come up with different business packages for women entrepreneurs as well. This, along with many other business strategies, has helped the country emerge as the best destination to do business in 2022.

    While the country provides all the required assistance to new businesses, the role of business consultancy firms in UAE in ensuring smooth company formation should not go unnoticed. There are numerous business consultancy firms in UAE, but finding a reliable one is a challenging process. HLB HAMT is equipped with a team of business consultants who have helped thousands of entities form their base in the country. Contact us if you are planning to set up your business in UAE.

     

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    Varun R Chandra
    Varun R Chandra
    07:38 25 Apr 21
    HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
    Giuseppe Assi
    Giuseppe Assi
    06:20 31 Jan 21
    I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
    Mohamed Sheriff
    Mohamed Sheriff
    16:16 28 Jun 20
    Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
    218141 JOSEPH THOMAS
    218141 JOSEPH THOMAS
    16:20 23 Jun 20
    Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
    PMI
    PMI
    07:14 23 Jun 20
    In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
    RAVI CHOKSI
    RAVI CHOKSI
    08:28 21 Jun 20
    Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
    Maharajan Subramaniam
    Maharajan Subramaniam
    18:17 06 Jun 20
    High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
    Mohammed L
    Mohammed L
    08:07 05 Jun 20
    We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
    ROY ROSHAN VIVIAN
    ROY ROSHAN VIVIAN
    06:32 04 Jun 20
    Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
    Basil Daniells
    Basil Daniells
    05:55 03 Jun 20
    I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
    Amar Kashyap
    Amar Kashyap
    19:28 02 Jun 20
    Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
    Radz de Jesus
    Radz de Jesus
    16:03 02 Jun 20
    We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
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