What can you say about a city that is focussed on helping entrepreneurs launch their dream projects by helping them with the seemingly elusive and much-required financial support? That it is progressive, open to innovative ideas, is ambitious and most importantly, recognises that entrepreneurs are the building blocks of the future. Initiatives at a glance

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

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

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

UAE Work Permits for Students

UAE Work Permits for Students Are you a student aged between 12-18 desiring to work in the UAE? You can now obtain a work permit for training and part time and temporary roles in the UAE private sector with written consent! The Ministry of Human Resources and Emiratisation has issued a decree that enables both

Start UAE Company with 0% Capital

Want to start your own business in the UAE but don’t know how? If you’re asking yourself, “Can I start my own business without start-up capital?” the answer is YES! All your need to do so is a good business idea that can be turned into a productive, viable business. The UAE is constantly adjusting its laws to

Tax in UAE

The big question of whether or not taxes will ever be implemented in the UAE will soon be answered. The question now is ‘when’ and not ‘if’ anymore! As per latest reports, the UAE will start implementing a value added tax (VAT) rate of five percent from January 1 2018; however, corporate and income taxes are

Starting Your Own Online Business in the UAE

So, you’re thinking of starting a business in the UAE? And in particular, an online business? Escaping the corporate world and becoming an entrepreneur is often viewed as risky business; but it needn’t be. However, before you trade your cabin for the trenches of entrepreneurship, it’s important that you know what you’re getting into. To

Dubai Expo 2020

As soon as the news of Dubai winning the bid broke out, fireworks were set off from Burj Khalifa and a school holiday was announced. There’s so much fuss around Dubai Expo 2020, so if you are a little clueless about why it’s such a big deal, we break it down for you. Quick Facts about

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