The United Arab Emirates has been making an untiring effort to make support, as well as promote small to medium-sized businesses as it is believed that these businesses a lot bring a lot of innovation and employment in the region. In a recent survey named ‘Entrepreneurship in the Middle East and North Africa 2017’, has…
There are limited numbers of free zones present in most of the emirates in UAE except Dubai. But now, most of these other emirates of UAE are also giving importance to free zones. For this purpose, they are not only increasing the number but also the quality of these free zones. An example in this…
If we talk about right now, Dubai is one of the most favorable places in the world to set up a business and as well as has been for tourism. Initially, however, Dubai was known for its strategic position and was known for trading businesses. Now, Dubai is known as a favorable place for setting…
After remaining tax-free for decades, UAE implemented Value Added Tax (VAT) in 2018 for businesses and common people alike. The purpose of this initiative was to reduce reliance on oil and petroleum exports. Most of the businesses in mainland areas and free zones are affected by VAT in UAE. Businesses need to understand the procedure…
There are numerous incentives available in Dubai to large businesses as well as small and medium enterprises. An important factor that enhances the growth of small businesses in Dubai is low taxation. One of the most lucrative small business is a grocery store in Dubai. Benefits of a Grocery Store in Dubai A grocery store…
