Blog

April 2018

How Beauty & Cosmetic Industries Are Setting Trends in Dubai

How Beauty & Cosmetic Industries Are Setting Trends in Dubai

Did you know that doing business in cosmetics, beauty and personal care products in MEA region present a multi-billion dollar business opportunity? According to a market research firm Euromonitor International, Middle East is the world’s fastest growing beauty market; estimated at about $25.4 billion (Dh93.21 billion) in 2015 and it will grow by 6.4% a year over the next five years. UAE Market Beauty & cosmetic industry is booming in UAE. According to Euromonitor International, UAE consumers spend US$239 per capita on [...]

Difference between taxes in Dubai and other regions in the UAE

Difference between (VAT) taxes in Dubai and other regions in the UAE

All the development that has taken place in Dubai has cost the government billions of dollars. From 6 lane roads to well-planned and well-built districts, tax money has been used efficiently to create one of the best business cities in the world. Different tax laws are followed all around the world. These tax laws are designed according to the prevailing conditions and area specific factors. Factors such as area size, size of population, income and wealth of the population and [...]

trademark for legal procedure to register your company in Dubai

Why trade name is important for legal procedure to register your company in Dubai?

Starting a new business in Dubai is a challenging but a profitable venture if undertaken correctly. One of the key tasks in acquiring trade license for your company in Dubai is the registration of trade name and trademark. Though often considered synonymous, trade names and trademarks are two distinguishable concepts in UAE from a legal perspective. Trade name is the legal name of the company under which it conducts its business in UAE. Trademark is a name, logo or symbol [...]

March 2018

Local Sponsor Influence Over my UAE Business

How Much Influence Does Local Sponsor Really Have Over My UAE Business?

Setting up a business in UAE is one of the most profitable ventures these days. UAE provides plenty of new business opportunities. According to a research, nearly 42% of business start-ups from Middle East and North Africa region commence from UAE. Emirates NBD forecasts that 200,000 new businesses will be formed in Dubai alone by 2020 and 95% of them will be SMEs. This can be credited to effect of Expo 2020 as new business formations are essential part [...]

VAT In the UAE – How Will the New Tax Rules Affect Your Business

VAT In the UAE – How Will the New Tax Rules Affect Your Business?

From January 1, 2018 value added tax (VAT) came into effect for the first time in UAE. UAE is well known in offering low-tax business environment. Naturally businesses got concerned about the financial and managerial implications of VAT. Let’s dig into the benefits and downsides of VAT from business perspective but first, let’s understand why VAT is implemented in UAE? Why VAT is being implemented in UAE? For decades, GCC countries have relied on their oil resources to generate revenues. Due to [...]

E-Channel Immigration System UAE

What is the E-Channel Immigration System and how will it affect your company?

We cannot emphasize enough on the importance of immigration in UAE. From a population of one million in 1980 to almost ten million today, it is due to the influx of foreign workers. According to CIA World’s Fact book, more than 90% of UAE population comprises of expatriates. Also popular as tourist destination, UAE attracts huge number of oversees travelers who visit UAE under tourist visa. Dubai is the fourth most visited city in the world. Nearly 14 million visitors [...]

Entrepreneurship evolved with the times

Past Versus Present: How Has Entrepreneurship Evolved With The Times?

It is the law of nature that everything changes with time. Successful people are those who foresee it, prepare themselves and adapt to the situation. Entrepreneurship is no different. The world has progressed rapidly especially in the last 50 years and so is the meaning of entrepreneurship. What entrepreneurs think today would be very different from those in 1950s. The concept of entrepreneurship has evolved dramatically over the past two centuries. The key fact remains same that entrepreneurship is on [...]

Dubai Is Leading In Innovation and How You Can Follow suit

Why Dubai Is Leading In Innovation and How You Can Follow Suit

A city that began its developmental journey as a local township has now become an international hub for business and investment. Yes we are talking about Dubai. Often called as “city of the future”, Dubai has achieved this status with a determined mindset, a clear vision by entrepreneurial leadership to achieve international excellence and a constant drive towards innovation. Key Indicator According to Dubai Innovation Index 2018 that is measured by Dubai Chamber of Commerce in collaboration with Price water house [...]

Reasons to Setup your Business in Umm Al Quwain (UAQ) Free Zone in UAE

Reasons to Setup your Business in Umm Al Quwain (UAQ) Free Zone in UAE

United Arab Emirates is home to highly lucrative and impeccable free zones that are constituted for entrepreneurs, SMEs and large industries. A newest addition to the collection is the formation of Umm Al Quwain (UAQ) free zone. UAQ free zone was established in 2014 in the emirate of Umm Al Quwain that is situated on the western coast of UAE. Umm al Quwain is the least inhabited state of UAE. With new developments going on, it is emerging as a [...]

Get Free Consultation Now!