This article will help you understand how to get an EMI License in the UAE. Electronic Money Institutions (EMI) are authorized to provide financial services to third parties and store their funds in segregated accounts. Being nimbler and swifter in their processes, EMIs have carved their...
Understand the concept of the UAE Foundation A foundation is an autonomous legal entity that is separate from its founder. The foundation consists of council members and the founder. The foundation's founder allocates assets to the foundation, which are treated as separate from those belonging solely...
With nearly 20,000 registered companies and a workforce of 60,000 employees representing 180 countries, Dubai Multi Commodities Centre (DMCC) is one of the most successful free zones in Dubai and the world. Located in a 200-hectare business and residential community of over 100,000 people living...
Abu Dhabi Global Markets (ADGM) is considered one of the premier international financial centres in the region. It is based on Al Maryah Island in the capital city of the United Arab Emirates. With its unique framework of English Common Law and independent legal authority, a...
Dubai is regarded as one of the best destinations for entrepreneurs to expand their businesses. Entrepreneurs interested in the e-commerce sector also prefer the emirate because of its no-tax regime. Due to the advancement of technology, people now prefer to do business on social media...
Immigration is one of the most crucial things that made the UAE a prosperous center for industry and trade. It is known as the backbone of the UAE’s economy, as more than 85% of the country's population is made up of expatriates. Due to its high...
One of the most noticeable trends in 2018 is the strive towards becoming your own boss. There is nothing more satisfying and rewarding than fulfilling your passion and achieving your desired goals and dreams. However, whether you are a freelancer or launching your own startup, success...
It's always a charm to be your own boss, and with the glut of businesses setting up in UAE, it sounds more appealing. In UAE, with the superfluity of foreign investment, it seems that every other individual can set up a business due to its...
Foreign investors are often found to be unsure about the type of the business they can set up in UAE. Most of them explained the reason as the complex business set up process and need of a local sponsor. So the question that really needs...
UAE is the entrepreneurial nirvana for budding capitalists, because of its tax-free pro-business landscapes, free zones, and straightforward legal and commercial frameworks. New startups are highly encouraged by the region since it has started to establish their economic stability in the local and international markets....