This article covers the things you should know to start a business in Ajman Free Zone. Want to set up a company in one of the free zones of the UAE? An entrepreneur must equip himself with a good knowledge of how to set up his/her...
A Bitcoin is a globally decentralized cryptocurrency utilized for digital transactions. The transactions take place directly between the parties since they are verified and recorded in a public distributed ledger called a blockchain. Bitcoins can be exchanged for other currencies, products, services and can also...
According to the authorities, all the six GCC countries will be introduced with the simultaneous value-added taxes (VAT) applicable from January 2018 in different business sectors. The application of VAT has been under consideration for a long time however, it is supposed to be applicable...
The newly-elected US president, has been vocal about his concerns of the soaring strength of the US dollar and has warned that a strong greenback could be disadvantageous for American companies that do business abroad. Analysts predict that since the President is extremely pro-business and would...
Risk management: That is the buzzword that the UAE Central Bank is focusing on to roll out new laws to ensure that banks are lending responsibly UAE Central Bank Transforming the UAE regulatory framework that will be consistent and transparent as per international standards, the Central Bank's...
Albert Einstein once said that the hardest thing in the world to understand is taxation. For UAE residences, this may have been hard to relate to, but not for long. We wrote an article some time back about Will Taxes in the UAE be Implemented and here's...
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...
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...
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...
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...