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Virtuzone Business Intelligence

Category: Free Zones

Whether you’ve turned it over in your mind for a while, or it’s the first time the thought has occurred, starting your own business can bring a wealth of benefits.

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Potential entrepreneurs are often spooked by the large quantities of cash needed for specialist services to get their startup off the ground. After all, outsourced or in-house services can be cripplingly expensive.

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Starting a business requires capital. And, unless you’ve got oodles of cash lying around, you’re going to need access to money which will support you through those first tough months until you start turning a profit.

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Starting a business requires capital. And, unless you’ve got oodles of cash lying around, you’re going to need access to money which will support you through those first tough months until you start turning a profit.

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Part Time

Starting a business requires capital. And, unless you’ve got oodles of cash lying around, you’re going to need access to money which will support you through those first tough months until you start turning a profit.

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Fashion

If you’ve ever walked around one of the UAE’s famous malls, you’ll know exactly how big the appetite for high fashion is in this part of the world. Spending on consumer goods grew by 37% in the UAE in Q4 2017 in comparison to the same period the year before. Such incredible growth presents an opportunity, not just for the large fashion brands, but for home-grown businesses looking to capitalise on this insatiable demand. Here we look at how you can build your own fashion brand in the UAE.

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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.

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Success

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.

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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.

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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.

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