KWSME in Top 10 Most Promising Middle East Financial Consultants – 2019
Reference Link: Top 10 Most Promising Middle East Financial Consultants – 2019 Interview of Aqsa Abdullah with Silicon India Magazine – CEO KWS Middle East
February 14, 2019
February 2019
January 2019
Top Trends in Hospitality business in Dubai
The Hospitality sector in Dubai is a significant contributor to the UAE’s economy and a major employer. According to Knight Frank Report ‘UAE hospitality market 2018’ it is estimated that hospitality sector contributed over Dh150 billion to UAE GDP (4.6% of GDP) and provided almost 570,000 jobs (4.8% of total employment) in 2017. Dubai is now considered as one of the premier luxury destinations in the world, the city has carved itself a reputation for attracting wealthy tourists. Dubai International [...]
4 big banking issues affecting business setup in Dubai
The biggest hurdle new business owner’s face when setting up their businesses is difficulty in bank account opening. According to the new rules and regulations introduced by the government of the UAE, people opening corporate bank accounts have strict criterions to follow. This has caused difficulty for corporates to own accounts and have bank account issues. Banking issues that affect business set ups After the implementation of the strict guidelines, business set ups have had bank account issues. Banks now conduct thorough [...]
Can free zone companies do business in Dubai mainland?
Free zones are the selected regions of a country where business owners operate their companies with little to no imposed tax rates. These regions allow manufacturers and buyers to sell and resell, import and export goods without heavy taxations and with the help of world-class infrastructure. The reason for the existence of free zones is to help create economic activity in the selected regions and boost the economy overall. Companies associated with free zones are allowed to directly provide goods [...]
Requirements for Document Attestation in Dubai
Entering or expanding businesses in foreign markets can prove to be quite difficult, especially for new business owners. Finding the right location for the business set up, contracting manufacturers and acquiring legal rights to operate a business requires a lot of contacts and knowledge about the global market. Furthermore, there are numerous legal processes, especially for foreigners, in order to gain authorization to operate a business in a foreign country. Moreover, the owners are required to provide documentation that have [...]
How to Import Cosmetic Products in UAE
The UAE continues to grow its Imports & Exports capabilities, firmly positioning itself as a global logistics hub. The beauty and personal care market in the UAE has significantly expanded over the past five years and is projected to enjoy a compound annual growth rate of over 4% between 2018 and 2023, according to TechSci Research. Also Read: How Beauty & Cosmetic Industries Are Setting Trends in Dubai The personal care sector is strictly regulated in the UAE. This means that [...]
December 2018
Dubai introduces new freelance work permits for the professionals
Freelancing is getting popular by the day all around the globe. There are many reasons behind the growth in its popularity. The access to the internet has made freelancing easier than it was before because now there are people who need work to be done in one country and they can find people with sufficient skills in another, all through an online platform where freelancers offer their services. This way, people who need to get things get lower costs [...]
Is UAE still a tax haven?
Taxation in the UAE has been a point of debate and discussion for almost everyone who wanted or ever thought of operating a business in the UAE. It is a hot topic because it is not available to everyone. Businesses in the UAE have been lucky to have something of this sort around them because it smells of positivity and hope for low costs and higher profits, an investors dream. Low taxation is the single most famous point that has [...]
DubaiPay Upgraded with Block chain Technology
There are many reasons behind UAE’s growth as a business hub. One of the reasons is that the UAE authorities have taken their time to make policies for company setup in Dubai. The laws govern the quality of the products and services and also the way they are produced and the effect this has on the third parties. The regulations consider everything related to the business. Once the policies are in place, incentives are provided to the businesses so [...]
Costs and considerations of forming a free zone company Dubai
Free zones have been extremely successful in encouraging company formation in Dubai in the UAE. The authorities painted a picture that tempted the investors all over the world to invest in Dubai. They saw the prospects, came to the UAE and saw that there was no exaggeration by the government of the UAE. The picture shown to investors, the possibilities and the opportunities were actually how they were in the UAE. No other country had provided them with such brilliant [...]