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The UAE has over the years emerged as an international business destination with more and more people setting up business in the country. Supported by the business-friendly environment to taxation, geographic position, and business legislation, the UAE gives numerous opportunities. However, the concept of accounting and tax remains paramount for companies that run in this...

The International Free Zone Authority (IFZA) is one of the most popular free zones within the United Arab Emirates for people who want to start their own business. Established in the Emirate of Dubai, IFZA provides a convenient and affordable solution for companies regardless of their field of activity. If you are planning to establish...

Choosing a business partner is like selecting the right puzzle piece that completes the picture of your business vision. Having the right partner can definitely push your business to new heights. On the other hand, the wrong one can lead to discord and other setbacks in your entrepreneurial journey. It’s not just about finding someone...

Starting a construction company in Dubai is an exciting and rewarding business. However it requires careful planning and execution. While the UAE’s growing construction industry offers a lot of great opportunities for growth here and offers a great idea for setting up a business in Dubai, understanding the process is certainly just as important too....

Currently, there are over 20 free zones considered ‘Designated Zones’ in the UAE, and these jurisdictions are based all across the UAE. Through this article, we will unearth the true definition of a designated zone, the regulations applicable to it, and how it differs from a conventional free zone. Definition of a Designated Zone in...

Over the last few years, the world has observed a gradual shift towards what is known as social entrepreneurship. This approach essentially incorporates the creativity and the vigor of entrepreneurship while focusing on solving social issues. It is not a trend; it has become a new way to solve business and social problems. In this...

The prospect of entering a new market and starting a business in the United Arab Emirates (UAE) is appealing to many entrepreneurs. Among the numerous UAE free zones, Shams Free Zone in Sharjah has established itself as one of the most rapidly developing free zones for new business ventures. Shams Free Zone is therefore an...

In recent years, Dubai has developed into an international business hub that has attracted investors and entrepreneurs from around the world. The Department of Economic Development (DED), also known as the Department of Economy & Tourism is the governmental body responsible for overseeing and encouraging economic activity within the emirate. However, in case you are...

Making a Will in the UAE is an essential obligation for individuals living or having assets. This gives your assets the much-needed protection and ensures they are passed on to individuals you choose after you pass away. With a Will, you can decide which assets to pass on to specific individuals. For those unfamiliar with...