July 2018

Social media influencers business registration in dubai

Secure Your Permit from the NMC as Blogger or Social Media Influencer in UAE

UAE unveils new set of regulations for electronic media. According to guidelines issued by National Media Council on February 28, 2018; any news websites, electronic publishing outlets, on-demand printing and all commercial activities conducted through social media within UAE will need to register and have a license before the end of June. Social media influencers or bloggers (whether individual or institution) who promote brands, businesses and products for cash will also need to get a license from the National Media Council [...]

JAFZA sign cooperation deals with GDRFA to simplify visa procedure

JAFZA sign cooperation deals with GDRFA to simplify visa procedure

Visa processes is one of those things that make people collect documents and take out time to complete. It’s these processes that the business world has to see every day when businessmen and investors are trying to cut a deal with people on the other side of the border or at a distance of a whole continent. The UAE government has realized that what is required is quick visa processing to further improve the business environment in the UAE. [...]

8 major changes announced to the UAE Visa rules

8 major changes announced to the UAE Visa rules

Introduction One point that made the UAE stand out when it comes to countries with great business prospects is that the authorities provided a safe environment, where not only the laws were being implemented to maintain a good law and order situation, entry into the UAE was also made easy through the establishment of international airports and travel services which were encouraged by UAE’s visa and entry policies. The authorities have a good understanding of how crucial these things can be [...]

June 2018

license renewal

Packages for businesses to renew licenses and installment facility by DED

The Department of Economic Development (DED) in Dubai has launched a package to help businesses clear fines and renew their licenses in monthly installments. The announcement has been made as part of efforts to enable businesses overcome obstacles, maintain their competitiveness through this credit facility and to overall encourage business growth and economic development in UAE. Under the new package businesses are allowed to, Pay their fees and fines in easy installments Freeze their trade license for a year Seek an amicable settlement [...]

UAE’s changing foreign ownership laws could threaten free zones

UAE game changing investment law promises a new dawn for foreign investors and residents but is it beneficial for UAE free zones? Let’s explore this here. In a recent announcement by UAE Cabinet, they are drafting a law which will allow 100% ownership to foreign investors in some specific onshore business sectors and a 10-year residency visas will be made available for specialist workers in the fields such as technology and academia. This means that foreign investors can setup business [...]

UAE to allow 100% ownership to foreign investors

UAE to allow 100% ownership to foreign investors

Introduction While many of the businesses in free zones in Dubai might have been allowed to operate under full ownership of foreign investors, the ownership of 51% shares by a local sponsor is a necessary requirement for a business setup in UAE to operate within the boundaries of the emirates. The local sponsor requirement has to be fulfilled in order for foreigners to run their businesses in Dubai. They spend a good time finding a suitable local sponsor for their business [...]

Why do you need a business plan in the UAE before starting business

Why do you need a business plan in the UAE before starting business?

So you have a business idea and you want to transform it into a successful business venture in UAE? You need a sound business plan. Planning your business properly is the first and foremost thing to do while setting up business in UAE. Entrepreneurs should establish goals and objectives of their business; have clear understanding of them and also set the direction that the business needs to follow. Analyzing the risk before entering UAE market, marketing and financial planning as well [...]

May 2018

What is the process for opening a retail shop in Dubai

What is the process for opening a retail shop in Dubai?

United Arab Emirates continues to be the most attractive market in the region for retailers with strong growth opportunities especially in Dubai. According to 2017 A.T. Kearney Global Retail Development Index, UAE ranks 5th in global retail. Retail sales in UAE exceeded $73 billion in 2016 thus remaining as a firm pillar underpinning economic growth. Dubai is well known as the Middle East’s shopping capital and the same developers who created malls of astounding proportions on the site of Silk Road [...]

Outsource Accounting & Bookkeeping Services In Dubai

Why Outsource Accounting & Bookkeeping Services In Dubai?

Accounting and bookkeeping is the part and parcel of any successful business. Those who do not acknowledge its significance bear the brunt sooner or later. Especially in UAE, the introduction of VAT has affected the entire tax calculation system and has pushed companies to change the way they operate and conduct business. UAE companies are now more inclined to outsource their accounting and bookkeeping services not only to save money but to add value in order to gain more control [...]

Setting up an LLC or sole establishment in the UAE: which is right for you?

Have you ever wondered why Dubai has grown into such a big business hub in the Middle East in such a short span of time? It is not only the investment and facilities provided but also the laws made by the UAE government to regulate all matters in such a way that allowed freedom to people while still preserving the cultural values of the city. With growth of business in Dubai, many new topics of discussion rose to popularity as [...]

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