India's Bold Demonetisation

The recent move by the Indian government to demonetise or ban 500 and 1000 currency notes as been hailed as a great attempt to combat tax fraud, kill the circulation of counterfeit money and eliminate corruption, as eliminating large denominations makes it harder to hide large amounts of cash. The announcement has attracted immense praise

3D Printing Dubai

3D printing is all set to change the world. From spraying toner on paper to setting layers of plastic resin until the layers add up to an object and enabling a machine to produce objects of any shape, on the spot, 3D printing is ushering in a new era. Dubai has been quick to cash

Saudi Cost-Cutting Drive - Vision 2030

For the very first time in its history, Saudi Arabia has unveiled a series of economic reforms in the form of cuts to salaries, bonuses and perks for its government employees in a bid to slash spending amidst dipping oil prices. Public sector wages accounted for almost half of the government’s spending last year. About

UAE Visa on arrival for Chinese nationals

Visa on Arrival for Chinese Visitors Will the visa-on-arrival facility for Chinese visitors to the UAE lead to a surge in Chinese investment in the country? Presently, the UAE is China’s second largest trading partner and the largest export market in the Middle East and North African (MENA) region. There are over 4,000 Chinese enterprises

UAE’s Landmark Bankruptcy Law

The reasons to start a business is Dubai are known to all. A tax-free milieu, world-class infrastructure, 0% capital, lucrative foreign ownership and trading laws and access to human capital from across the world. Get set for yet another reason to set up or continue to operate your business in Dubai. UAE’s new landmark bankruptcy

FZE versus FZ-LLC

Monday, 03 October 2016 by
FZ versus FZ LLC

Dubai with its tremendous growth and development has emerged as a great destination for business start-ups from around the world. At present, there are over 22 Free Zones in the UAE, which are home to around 10,000 companies. Dubai has the largest number and has been a forerunner of sorts in this regard. You can

Cityscape Global 2016

Didn’t attend Cityscape this year? Here’s what you missed witnessing at the Middle East’s largest and most influential real estate exhibition. Dazzling properties, expert discussions and some great deals on the property of your dreams! Running for several years now, Cityscape Global 2016 saw some really exciting developer stands on display. Sobha, one of Dubai’s leading

Dubai Water Canal

Dubai is that city that believes in progress and innovation. Despite headwinds posed by lower oil revenues, the gross domestic product (GDP) of the UAE will moderate to 2.4 percent in 2016, according to International Monetary Fund (IMF) reports. The emirate is poised to record a 3.7 percent growth up from 3.6 percent in 2015

Over the years, UAE Free Zones have emerged as a great opportunity for small and medium enterprises (SMEs) to set up business in the country. The UAE has 36 free zones and a majority of them are located in Dubai. Cost of setup packages begin from AED 15,000 and can go up to AED 50,000,

UAE Residency

UAE Residency Falling oil prices are having a cascading effect on the UAE and world economies. Talking specifically about the UAE, the oil price dip has hit expatriate employment across all industries. In fact, recent surveys have estimated that the expat workforce in the country had plunged by 9 percent in the first quarter compared

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