ARTICLE
15 August 2017

Company Formation In Abu Dhabi Global Market

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STA Law Firm

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STA is a full practice law firm headquartered in Dubai with offices across UAE (Abu Dhabi, Dubai, Sharjah and Ras Al Khaimah) and overseas (Bahrain, Delhi, Doha, Luxembourg, Moscow, Portugal and Mumbai). We work alongside several groups of companies within the Oil and Gas, Maritime, Logistics, Real estate, Construction, Hospitality and Healthcare sectors in the region and internationally providing them with our signature bespoke and cogent legal advice. We successfully represent our clients at various courts and arbitration centers across the UAE. We are also approached by several investors internationally who wish to find suitable business partners in the region.
The impact of globalization and elimination of trade barriers is considered to be an economic merit that consolidated the domestic markets of the world under one roof.
United Arab Emirates Wealth Management

The impact of globalization and elimination of trade barriers is considered to be an economic merit that consolidated the domestic markets of the world under one roof. However, there also exists an opposing view to this concept. Some financial pundits have argued that this global phenomenon may have paved the path for instability and competition hitches in domestic markets. Further, they also contend that the entry of international players into the domestic markets often leads to a misbalance in the local sectors and industries.

Nevertheless, minimal trade restrictions and government intervention have increasingly become synonymous with the success of an entity. This requirement equally applies to modern financial centres. The Abu Dhabi Global Market (the ADGM) is currently the most prominent and subsisting example in this regard. The financial free zone became predominant in the region due to scarce trade barriers and absence of restrictions imposed on mainland companies in the United Arab Emirates. Further, the adaptation of international corporate governance techniques along with global financial norms and standards have only acted as a catalyst to this process.

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