The upcoming Expo 2020 brings forth massive opportunities for businesses – big and small. It could lead to significant investment in the region through people and investors moving or expanding their businesses here when done right. If you are growing a business in the UAE, many will agree that this world event will boost your […]
With Expo 2020 upcoming in the Middle East, many are wondering what will happen to the region. While you may have come across a lot of discussions about what will take place, many are also preparing long-term for the lasting impact of this world event – particularly businesses and entrepreneurs. In this article, we will […]
It is no secret that millions of people are anticipating the upcoming EXPO 2020 in the Middle East. This is the most diverse and inclusive Expo to be organized welcoming all countries in the world. According to Vicente G. Loscertales, secretary-general of the BIE (Bureau International des Expositions), by inviting all countries of the world […]
The Federal Tax Authority (FTA) has conducted several initiatives to help businesses in the UAE adapt to the implemented VAT. With VAT being in effect in the UAE for more a year and a half now, many businesses were able to successfully incorporate a system. However, it is inevitable for some, especially new entities, to […]
After a year of implementation, many companies in the UAE have smoothly adjusted to the existence of tax along the running of businesses. However, many are still adjusting and adapting the new system in their businesses and the need for proper tax accounting in the UAE – commonly for new entities. VAT is not a […]
Although many companies have adjusted into the VAT system in the UAE one year after implementation, it is not the same for new established entities. Several questions are raised about the Value Added Tax and when a company should register for it. Is it better to voluntarily register for VAT to avoid penalties? When should […]
Although ‘sales’, ‘revenue’, and ‘income’ are highly related terms, they have different meanings. These are to be carefully noted to strike a balance of your business’ needs as you do the business strategic planning. Here are strategies for businesses who aim to increase their ‘Sales and Revenue’. DIVERSIFY OFFERINGS If you’re not a new company, […]
Every business market has its ups and downs. It’s the other side of the coin that has always been half of the risk when building and running a business. The GCC has been a growing business hub yet, at the same time, we have seen businesses rising, succeeding, stagnating, and failing. The competitive market can […]
Companies are on a constant pursuit of growing the business through increase in sales and profit. As proven by many successful companies, growth has always been backed up with strategies and a practical execution plan. However, choosing a strategy is way more complex than picking a goal and planning a roadmap. An appropriate strategy is […]
Foreign investors now have a change to get longer visas with the new reform initiated by the government of the UAE last year. Investors who are willing to invest in real estate with a minimum investment of Dh5 million can now get a 5-year visa to stay in the emirates. Although the financial return of […]
