5 Best Free Zones in the UAE – Dubai
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5 Best Free Zones in the UAE – Dubai

5 Best Free Zones in the UAE What are Free Zones? Free zones are designated areas in a country that offer unique incentives and benefits to businesses. They are designed to encourage foreign investment and entrepreneurship by providing a business-friendly environment that is tailored to the needs of entrepreneurs. Free zones typically offer 100% foreign…

What is Economic Substance Regulations in UAE?
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What is Economic Substance Regulations in UAE?

What is Economic Substance Regulations in UAE? In 2019, Economic Substance Regulations (ESR) were introduced in the United Arab Emirates. The purpose of the ESR is to prevent businesses, typically multinational corporations, from artificially shifting profits to jurisdictions that impose little or no income tax without having substantial activities in that jurisdiction to take advantage…

What is a Tax Residency Certificate in UAE?
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What is a Tax Residency Certificate in UAE?

What is TAX Residency Certificate The Tax Residency Certificate (TRC) is a certificate issued for eligible government entities, companies, and individuals. The document proves that you pay taxes to a certain country and gives you the right to benefit from double taxation avoidance agreements. In the UAE, Federal Tax Authority (FTA) is responsible for issuing the certificate of tax…

How to Open a Restaurant in Dubai, UAE (2023 Updated)
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How to Open a Restaurant in Dubai, UAE (2023 Updated)

How to Open a Restaurant in Dubai Dubai is fast emerging as one of the top global food destinations and opening a restaurant in Dubai can prove to be extremely lucrative, if done correctly. It turns out, each year, Dubai sprawls with millions of tourists from all over the world. With one of the fastest-growing…

Top 20 Low-Cost Business Ideas in Dubai, UAE

Top 20 Low-Cost Business Ideas in Dubai, UAE

Top 20 Low-Cost Business Ideas in Dubai Dubai is known as the land of opportunities, where people from all over the world come to start their businesses. With its booming economy, favorable business environment, and government support, Dubai has become one of the most attractive destinations for entrepreneurs. However, Starting a business in Dubai can…

The Importance of Developing a Strong Business Strategy

The Importance of Developing a Strong Business Strategy

The Importance of Business Strategy What is a Business Strategy? Every business has natural weaknesses within all organizations for various reasons. What a business strategy does is try to remedy these weaknesses so that companies don’t trip up and suffer their impact too greatly. The strategy helps us define our business, gives it a set…