A small business is a significant part of a country’s economy. These small businesses provide business opportunities to budding entrepreneurs and help in the creation of meaningful jobs. In a country like UAE, they form the backbone of the economy. According to the UAE Ministry of Economy, they account for more than 80% of the […]
The ground of Dubai turns out to be an attractive platform for global business investors as provides a favourable climate when it comes to business incorporation. Irrespective of the size and nature of the business, an owner or investor can count on the region for establishing their business roots. The Government of UAE has diversified […]
The working and the existence of a company is a responsibility of the people managing the company. At first, the company is managed by a small number of people, but as time passes, the company will grow in size. This means that the administration and financial functions become more complex. In such cases, most of […]
Sharjah is the third largest emirate in the United Arab Emirates and is regarded as the trading hub. Trading plays a significant role in the contribution to the Gross Domestic Product of the emirate as more than 45% of the GDP comes from selling and related activities. This emirate also holds many Free Zones which […]
There are many Free Zones available to a budding entrepreneur and businessman in the United Arab Emirates. These Free Zones help in providing various benefits to the company of the entrepreneur, which allow the company to flourish. Some of these benefits are given below: No requirement of corporate taxes. Excellent support services. No personal income […]
While starting a business, a lot of brainstorming, mind mapping goes into it. Many at times, you might even want to give up when results aren’t meeting the expectation. Whatever be the position of your business, you might be aware about the value that your business holds at the current time. Being aware of the […]
Being one of the evolved business destinations, Dubai has been grabbing the attention of business owners and entrepreneurs in every possible way. Continuous efforts have been taken by the Government to establish the region of UAE as one of the global business hubs covering all the potential business entities. To excel in every specific domain, […]
Abu Dhabi’s International Financial Centre has now opened its doors for global as well as local applications to launch digital banks. The world itself has transformed in the last few years due to the digitalisation of the banking industry, and every sector is now vulnerable to complete transformation. The FSRA (Financial Services Regulatory Authority) of […]
The presence of the various free zones is undoubtedly one of the best news for people in business and entrepreneurs that want to set up a business in the UAE. A Free Zone is a designated area within an emirate in UAE, and these free zones have their benefits. These free zones are specifically established, […]
Outsourcing is when you make a contract with an outside provider of various services to conduct some of your company’s recurring internal activities. Outsourcing can include financial bookkeeping, accounting, and reporting, and analyzing to increase efficiency and at the same time, reduction of the costs of your business. The reasons for outsourcing include cash flow […]
