No matter what kind of business you operate in the UAE, you are required to revoke your business license and any relevant permissions as soon as you decide to shut it down. The procedures for properly ending your business and Trade License Cancellation in DMCC are summarized in this article. DMCC Trade License Cancellation When a … Read more
Setting up a new business requires careful consideration of a lot of different aspects. All these important things should be considered to avoid any harmful outcomes. Due to the growing market of Dubai, the new business setup in Dubai is always encouraged but you have to follow the rules and regulations. Apart from the citizens, … Read more
One of the top free zones in the world and one of the fastest growing is JAFZA (Jebel Ali Free Zone UAE). JAFZA hosts and provides housing for more than 120 of the 500 tycoons from diverse countries throughout the world. It is the most important factor in the booming UAE economy. JAFZA’s unrivaled reputation … Read more
The way the company runs and how it makes a profit counts a lot. Every company works as hard as possible but what will make you better than the rest? Indeed, your internal functions and systems. If the internal systems are working fine, everything else will start falling into place. This is where the role … Read more
The United Arab Emirates significantly changed its tax regime with the promulgation of the Corporate Tax Law, effective on June 1st, 2023. The said law would apply to all business entities operating within the UAE either on the mainland, in a free zone, or even offshore entities. Foreign entities having a presence in the UAE … Read more
Entrepreneurs need to educate themselves. Business owners in the UAE can avoid failure and create a stable future financially by learning the basic skills of running a startup. This includes drafting financial statements, doing simple accounting and audit tasks, and applying for a business loan. Tips to manage startup finances in UAE To help you … Read more