Virtuzone Business Intelligence

Category: Free Zones

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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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’.

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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.

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