Finance plays a very important role in determining the life of a business, and the business which has proper financial backing is more likely to thrive in a business market. In the earlier days, this meant that a business should be well established and have very strong financial backing, but this scenario has changed in […]
Five Investment Strategies of Start-ups
There is an old saying that money attracts money. This means that in order to make more money, a person will have to invest some money. The concept of spending money has been replaced by the concept of Investment. The basic difference between Spending money and Investment is that on investment, you are guaranteed some […]
Understanding the New UAE Cabinet Decision No.582020
The Government of the United Arab Emirates has recently brought forth the resolution which will help in defining the procedure for the maintaining a real beneficiary. This resolution will be in effect from 27th of October 2020 and according to this resolution it will be required that a businessman or any business entity will reveal all […]
UBO ( Ultimate Beneficial Owner) Disclosure Requirements in UAE
The Cabinet Resolution No. 58/2020, on 27th August 2020, on the Regulation of Procedures Related to Real Beneficiaries (“Decision”) was issued, which has presented new record-keeping and disclosure necessities for corporate elements and nominees in the UAE. The targets of the Resolution seem to come from the UAE’s anti-money laundering system. For the most part, […]
Retire and Relax in Dubai – Retirement Visa
The city of Dubai is considered the poster child of the Middle East. It is one of the most open cities in the middle east and welcomes tourists with open arms. This is the reason people of many ethnicities can be found in Dubai. With different ethnicities present in the city, people from all over […]
Impact of Corona Virus on various sectors in the UAE
The whole world is scared because of the spread of the coronavirus. As there is restricted movement of goods or people from one place to another, there has been a huge effect on people all over the world as well as the various business entities. The people are not able to go to work or […]
Factors to keep in Mind before Business Diversification
Most businesses focus on only a single product or service, which has a plus point that the complete focus of the management is on the production of the product or service. Still, the negative factor is that if the works emend gets low, then the business will have to reduce its production, and it may […]
How can COVID-19 Impact the Middle East Economies?
The Coronavirus or the COVID-19 has had a huge impact on the businesses worldwide, which has, in turn, affected the economies of the country drastically. There have been complete or partial lockdowns due to which people all around the world have not been able to work. There have been some people who do not have […]
How can you improve the Cash Flow of a Business during the times of the Coronavirus?
The worldwide outbreak of the Coronavirus has changed the situation for the world economies. There have been blanket bans on international traveling and various restrictions on people. Individuals were not able to go for jobs, which has had a huge impact on the economies of various countries. The Coronavirus outbreak has resulted had such a […]
All you need to know about Freelance Work Permits in the UAE
We have seen a steady escalation in the number of people who are looking to do the work which they feel like without joining a business. The Government of the UAE has understood this increasing requirement and taken steps to assist people from coming into the country. The actions taken up by the UAE government […]