Dubai Emerges as a Top Financial Centre
Dubai has made it to the list of top 10 financial centres in the world for the first time since the index was launched in 2007. The city is ranked at 8th position and happens to be the only financial centre in the Middle East and South Asia to appear in the top 10 rankings.
Types of Licenses in the UAE
A trade license is a must when it comes to conducting businesses in the UAE. The UAE economic department issues the licenses and the procedures of license issuance varies from one emirate to another. The three major types of licenses in the UAE are commercial, industrial and professional.
Are you eligible for UAE golden Card?
The UAE government has recently announced a long-term residency scheme termed ‘golden visa’ for expats, that gives them the opportunity to prolong their stay in the country. An attractive business environment with exceptional talents is what is expected out of the initiative.
Business Liquidation in UAE Mainland
One might come across plenty of articles on starting a business in UAE, but not many on closing one. There are certain formalities that need to be taken care of once you plan to close your company.
UAE residence visa: Everything you need to know
Expats require a residence visa to live in the UAE and it is usually sponsored by the company employing the expat. Expatriate employees are issued residence visa for one year or two years based on their labor contract
The Flourishing Economy of UAE
UAE is one of the fastest growing economies in the world and the second largest in the Arab world. GDP of UAE economy which stood at $382.58 Billion in 2017 is projected to trend around $425.00 Billion by the year 2020. The economy of UAE has grown by nearly 231 times, since its independence in 1971.
Free zones in UAE
The UAE has been excelling economically over the last few decades and the lion’s share of the credit goes to free zones! Free zones are the strongest pillars of UAE’s economy, that generate billions of jobs and helps in boosting foreign investment. They help spur economic diversification and contribute significantly to the non-oil sector.
Offshore Company Formation in UAE
UAE is one among the top 10 countries in the world that holds the highest offshore wealth. Going offshore is one of the best methods to start or expand your business, as it comes with numerous perks. The tax and custom-free benefits coupled with complete anonymity has helped elevate offshore zones’ status as the most preferred type of company formation
What makes a consultant an inevitable part of your business
Getting away from the clutches of managers and beginning your own firm is something most people dream of. But it’s not an easy process, it’s indeed a challenging one that involves careful planning and execution. When it comes to a country like UAE, that opens door to myriad of opportunities, the risk level increases.
Everything You Wanted To Know About Franchise Opportunities
Investing in a franchise is a smart decision for aspiring entrepreneurs. The reason being that instead of establishing a business right from scratch, you get the opportunity to have the brand recognition and marketing channel of a renowned business along with a framework to operate the franchise successfully. In addition to this, help is offered by the franchisor with respect to marketing and promotions.But, the chances of losing your hard-earned money is equally high if you do not understand what you are about to get into, and the complications that might be involved in it. Hence, to simplify this process, here are a few things that you should consider when looking for franchise opportunities in Dubai/UAE or elsewhere.