What is a Free Zone and Why Should You Consider One?
The UAE, renowned for its entrepreneurial spirit, has increasingly diversified beyond oil, making Dubai a hotbed for diverse business ventures, especially in its free zones. Discover the allure of these zones in our comprehensive guide, focusing on Dubai Media City. We cover the essentials – legal frameworks, regulations, and the extensive benefits for companies and […]
General trading license in Dubai and the UAE
Exploring the various business trade license options in the UAE can be daunting for first-time entrepreneurs. The answer to the question, ‘Which license?’ depends almost entirely on the nature of your business activities. Companies wishing to import, trade and export goods and products such as food, furniture, electronics or clothes must apply for a general […]
Why Start Your Business in Dubai?
Starting a business overseas can be a daunting prospect. When the foreign country in question is the UAE, however, it is anything but. The Emirates has an incredibly welcoming and supportive business environment. That’s one of the many reasons thousands of businesses launch in Dubai alone every year. In fact, in 2020, more than 40,000 […]
Beware the Startup Copycats
You’ve decided to set up a company in the UAE. Great decision! You’ll be able to benefit from 100% company ownership, 0% corporation and personal tax, 100% repatriation of capital and profits, no currency restrictions and 100% import and export tax exemption. However, the technical, legal, administrative and financial aspects of setting up a UAE […]
COVID-19 – Frequently Asked Questions
Tired of receiving invites to lengthy webinars covering the latest COVID-19 updates? So are we! This page sums up the most frequently asked health, banking & real estate as well as business-related questions surrounding the pandemic. A closer look at COVID-19 and the virus behind it What is a Coronavirus? According to the World Health […]
Why your existing trade licence is more valuable than you think
Recently, a client asked us, “Could it be more cost effective to set up an entirely new business rather than renewing one’s existing licence?” – and upon enquiring the source of this information, it turned out that this was from a marketing ruse being used by certain fly-by-night company formation agencies to line their own […]