Virtuzone Business Intelligence

Category: Free Zones

Which of the UAE’s 49 free zones is the one for you?

The first free zone was launched In the UAE in 1985 and has provided a powerful tool for entrepreneurs to launch all manner of companies. As of summer 2018, there are 49 free zones established in the UAE. So, if you’re considering using a free zone as a vehicle for launching your company, it’s worth getting to know the main free zones in the country and what sets them apart. Here, we look at 10 of the most popular free zones in the country.

Read More
Success

Five tips to come up with a winning business idea

Having lots of entrepreneurial spirit is not enough to succeed. You need a solid business idea too – and they’re not always easy to come up with. However, there are proven ways to uncover them. In this article we share five tips, and explain why each one will help you and how to go about it.

Read More

The latest UAE visa changes and how they might impact the economy

During the course of May and June 2018, the UAE Federal Government announced a series of substantial changes to the UAE’s visa system, relaxing certain restrictions and making it easier for individuals and businesses to settle and operate in the country. With many of the reforms set to benefit entrepreneurs and the business community directly, we look at what some of the major policy changes might mean for the UAE’s economy when they take effect in Q4 2018.

Read More
Confused about sponsoring your dependants? Here’s everything you need to know

Confused about sponsoring your dependants? Here’s everything you need to know

Residents of the UAE benefit from a high standard of living and quality of life, and, as an expatriate, the benefits of living in the UAE can extend to your family too. If you’re employed by a business in the UAE, your employer will most likely assist with the process of applying for visas for your dependants. If you are a business owner, however, then you need to make your own application to sponsor your dependants for their visas. But don’t worry, the process is incredibly straightforward – particularly when setting up in a free zone.

Read More
5 benefits of setting up a branch office of your company in the UAE

5 benefits of setting up a branch office of your company in the UAE

The UAE’s authorities aim to make it as easy as possible for foreign companies to start a business in the country. This is the guiding idea behind the wide range of options available in the UAE’s free zones, offshore companies and mainland businesses. If you are interested in the UAE market but aren’t necessarily ready to take the plunge and launch a fully-fledged company there, opening a branch office might just be the way to go. There are several different branch office structures, but they all allow a foreign company to establish a presence in the UAE while retaining complete ownership of the business from abroad. This makes them an appealing option for companies that want to ‘test the waters’.

Read More
Dubai is boosting startups and SMEs – are you capitalising?

Dubai is boosting startups and SMEs – are you capitalising?

It’s good to know that the UAE government continues in its determined push to make it as easy as possible for entrepreneurs to start and grow an enterprise. Proof of this proactivity is in the avalanche of new initiatives aimed at cutting red tape and fostering growth. In fact, the city’s Department of Economic Development (DED) has gone into overdrive to help entrepreneurs start and grow their ventures. There’s a wealth of information out there, so to help out, I’ve pulled together the latest and most exciting entrepreneur-friendly initiatives from the Dubai DED, and summarised how they can help catalyse your business activities in the UAE.

Read More
From Dubai to Cali: Startup tips that bring Silicon Valley to the Middle East

Startup tips that bring Silicon Valley to the Middle East

A growing number of entrepreneurs based in the Emirates are bridging the gap between the Middle East and California: in establishing and developing strong links with Silicon Valley to take their tech businesses to the next level. Here we look at how the UAE’s leading tech pioneers are making this leap, then examine the support available to entrepreneurs seeking to follow suit of those trailblazers who have put the UAE on the global tech map.

Read More
Why Creative City is a great option for general trading company licenses

Why Creative City is a great option

Generally speaking, the UAE offers a very friendly environment to entrepreneurs, yet one area that can be a challenge is when businesses see an opportunity to shift their business model. In much of the UAE, a company must carry out the activities stated on its business license or apply for an expensive ‘dual license’. However, Fujairah’s Creative City free zone offers entrepreneurs the ability to combine more than one kind of business activity under the same license at no extra cost.

Read More
How to make sense of the ‘designation’ section of your UAE visa application

Understand the ‘designation’ section of your application

The UAE has a relatively straightforward visa application process. However, one area that many expats often struggle with is the ‘designation’ (job title) section on the application form. There are literally thousands of different job titles to choose from – anything from ‘sandwich maker’ to ‘CEO’. While in many cases a title really is little more than a title, it’s important to understand designations before you send off your application. Here’s everything you need to know.

Read More
Global business

Why the UAE is an attractive option for entrepreneurs

The UAE is one of the best places in the world to locate a startup due to its healthy economy, attractive finance options, impressive infrastructure and extensive government support. But the icing on the cake for many entrepreneurs is the exciting mix of potential clients – right on your doorstep. Here we break down why the UAE has such a strong pool of potential clients for any entrepreneur looking to set up shop here.

Read More