The UAE introduced VAT – value-added tax – in January 2018, at the standard rate of 5%. Although VAT will be fantastic for the UAE (providing revenue to improve public services and infrastructure) many business owners struggle with the idea. Make mistakes and you...
The UAE has been removed from the European Union’s list of non-cooperative jurisdictions for tax purposes (also called the “EU blacklist”). This is great news for the UAE, but before we go into what this means for the country, let’s look at what put the UAE on the...
With the rise in popularity of aerial photography, the General Civil Aviation Authority (GCAA) and the Dubai Civil Aviation Authority (DCAA) are clamping down on any individual or organisation that attempts to fly a drone without the required licence and registration....
When setting up a business, it can feel like your to-do list is never-ending. There are so many tasks to complete – some complex, some more straightforward. Deep in that to-do list comes the task of setting up your corporate bank account. Setting up...
If you’ve launched a company before, you will be well aware of the pain points: establishing your brand; setting up your IT, mail and telephone; managing your accounts; filing paperwork. For startups in the UAE it can be invaluable to have a specialist company taking...
Indeed, the idea of debt collection undoubtedly can be rather discouraging but there are in fact many ways to be able to emphasize customers to make payments on time hence removing any inconveniences as well as allowing for a better relationship between you and the...
Anyone wishing to run their own business in the UAE must have a valid trade license and residence visa if stationed in the UAE. Additionally, having a residence visa will enable you to open various types of bank accounts. For those already employed in the UAE who are...
Setting up a business in the UAE is remarkably straightforward. Moreover, it’s becoming increasingly attractive. With oil prices stabilising and Expo 2020 in Dubai just a year away, the economy is firing again and the country’s non-oil sectors are enjoying a 16-month...
For entrepreneurs launching their own startup in the UAE, there is no shortage of support to tap into from other business owners. However, finding the right networking group for you and your business is a matter of trial and error. In fact, it’s often worth joining...
After a few uncertain years, business is booming in the UAE again and more and more startup applications are coming in from overseas. Setting up a business in the UAE is relatively straightforward and if you follow a methodical approach, you can be up and running...
When setting up a consultancy business in the UAE, location is a key consideration. The 49 free zones (which operate as offshore business zones with all the benefits of 0% tax and 100% ownership) have been set up to cluster similar industries together. The trick is to...
Entrepreneurs setting their sights on the UAE as their next business location need to negotiate their way through a sometimes daunting set of administrative tasks. Help from a locally based firm with longstanding experience of the UAE business landscape can make the...