If you have worked or lived in UAE, then you would be amazed to see the accelerated development of the region. UAE is always in the limelight in the print and electronic media for its groundbreaking developments, new startups, and reforming foreign investment policies and...
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....
Want to set up a company in one of the free zones of UAE? An entrepreneur must equip himself with the good knowledge of how to set up his/her own company. Although all these free zones offer matchless benefits, such as exemption of corporate and...
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...
Starting with Abu Dhabi residents will have to pay a municipality fee starting January this year. The fee will amount to 3 percent of the annual rent and is being collected starting this month by ADWEA. The charge will be applicable to tenancy contracts in the...
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...