You may have heard about some of the changes occurring in the UAE at the moment with respect to the so-called "Certificate of Good Conduct" and the E-Channel Immigration System. As always, Virtuzone aims to get this important information to you as quickly and as...
Entrepreneurs across the world are attracted to setting up and running their businesses in the UAE – even those who prefer not to relocate to the Gulf. And it’s easy to understand the appeal. Just three decades ago the Emirates was one of the least developed countries...
Some people just seem to have a more relaxed way of life. On your travels do you ever cast envious glances at the business people lingering over coffee in a town square as if they had all the time in the world? How is it that others can seem to sit around drinking...
If you’re starting a new business, there is great appeal in setting up in a ‘tax-free’ haven like the UAE. Where better to begin than in a domicile which won’t eat into your profits and unduly test your arithmetic? But is the UAE really tax-free? VAT looms for the...
Shopping is one of the most popular online activities worldwide. It should come as no surprise then that e-commerce has become one of the fastest growing global industries in recent years. E-commerce – essentially the buying and selling of goods and services online –...
Foreign entrepreneurs looking to set up in the UAE are faced with several choices. You could opt to set up in one of the country’s many free zones to benefit from zero corporate and personal tax rates, 100% repatriation of profits, and 100% foreign ownership....
‘The next big thing’ is a phrase often associated with Dubai. Whether it’s the latest developments in hospitality, construction, healthcare or any other industry you care to name, Dubai is well and truly the home of ‘the next big thing’. But it is the emirate’s status...
The UAE landscape is looking fertile for small and medium-sized businesses. In fact, some estimates put the total number of SMEs in the UAE at 350,000. Add to that the fact that the services sector in 2014 accounted for 37% of Dubai’s total GDP and it’s clear there...
If you’re planning to set up a new business in the UAE you’ve got some exciting challenges ahead of you. There is plenty to think about, and many options as well. Overseas entrepreneurs who want to do business in the UAE can choose from a number of setup options, with...
Success, Churchill is supposed to have said, is walking from failure to failure with no loss of enthusiasm. It’s a fool proof approach, yet one that seems more valuable in theory than in reality. When those difficult business lulls come around, they can spook even the...
‘Ideas are easy. Implementation is hard.’ When Guy Kawasaki uttered these words, he had it right. One thing we all learn as aspiring entrepreneurs is that there’s a whole lot more to being a business owner than just coming up with the initial concept. Choosing the...
Setting up a company anywhere in the world can be daunting, and the UAE is no different. While the business landscape here in the Emirates is certainly accommodating, the various types of companies that may be set up here can seem a little confusing, particularly for...