Expo 2020 – why is it the right time for SMEs to set up business in Dubai?
Dubai is gearing up to host the first ever World Expo to be held in the Middle East, Africa and South Asia – Expo 2020. The six month long Expo, expected to attract approximately 25 million visitors from 192 countries, will create endless opportunities for the SME sector. Expo 2020 has committed to awarding 20% […]
A Quick Guide to Tax in the UAE for SMEs
The UAE introduced Value Added Tax (VAT) on the consumption of goods and services in 2018. Since it came into effect, one of the key questions that usually arises is that as an SME what is the threshold and requirements to register and account for VAT? As per the UAE law, all companies with Taxable […]
The UAE is fast-emerging as a launch pad for Fintech Start-ups and Entrepreneurs
According to a recent report by Bloomberg Intelligence, fintech startups in the region are forecast to expand from 96 in 2019 to 465 by 2020 and the investment into Middle East fintech via venture capital is expected to grow to USD 2 billion in 2022. Here we explore the growth of fintech in the region […]
Why SMEs setting up business in the UAE should consider using payment gateway solutions
As a start-up or SME payment gateways provide a fast and effective way to support online payments that avoids the pit falls of cashflow. Payment gateways provide a highly secure, reliable personalized environment for businesses and customers to process transactions. As compared to cash payments, it is significantly better in terms of speed, convenience and […]
100% Foreign Ownership to Boost Economic Activity Across the UAE
The UAE Cabinet, chaired by His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, recently approved a total of 122 economic activities across 13 sectors eligible for up to 100 percent foreign ownership in the UAE. This is big news for business set-up opportunities in the UAE. One […]
Why this is the best time to become an entrepreneur in the UAE
It’s the birth of new hope and a promising future for expats in the UAE when the government has recently announced the permanent residency scheme—dubbed as the Gold Card. Gold Card is granted to qualified individuals such as existing investors, entrepreneurs, specialised talents, researchers, and outstanding students. The new permanent residency program recognises these individuals […]
Over 9,514 new business licenses issued in Dubai from January to April
As published in Emirates 24/7 The Business Registration and Licensing (BRL) sector at the Department of Economic Development (DED), Dubai, issued 9,514 new licenses from January through April 2019, a growth of 38.3 percent against the comparable period last year. DED issued 2,805 new licenses during April 2019, a growth of 60 percent compared to […]
Company Setup in Fujairah Free Zone – A Complete Guide
One basic rule before plunging into the world of business is to do research. While shortlisting and exploring the different free zones in the UAE based on your needs, it’s almost impossible to miss the Fujairah Creative City Free Zone. Fujairah Creative City is one of the most established free zones in the UAE today. […]
Start a business in Dubai: 4 types of trade licenses
The emirate of Dubai is home to well-established local and international brands, as well as a growing startup and SME community. All of these ventures have started from the bottom. They went through the nitty-gritty process of establishing their businesses in Dubai and worked tirelessly to achieve and sustain business growth. How? First, by knowing […]
Increase your Sales with a Winning Sales Strategy and an Effective Social Media Plan
Increase your Sales with a Winning Sales Strategy and an Effective Social Media Plan Gain essential tips on how to create a sales strategy and how to implement it with Pipeline, an outsourced lead generation and sales business that supports SMEs with B2B sales. Get insights on how to instantly increase your Instagram followers, engagement, likes […]