The Dubai International Financial Centre (DIFC) has recently enacted significant updates to the Prescribed Companies Regulations, effective July 15, 2024. These amendments aim to expand and simplify the current regulations, introducing two new options designed to enhance business operations within the DIFC: 1. Prescribed Company – Passive Holding The Prescribed Company – company-passive holding is […]
ICP Smart Services UAE: A Complete Guide
Here’s your ultimate guide to navigating ICP Smart Services in the UAE, maximizing its features, and handling all your paperwork without the hassle. ICP Smart Services If you’re a UAE resident, business owner, or visitor, managing official documents and processes just got much easier. UAE’s ICP Smart Services is the digital platform that centralizes crucial […]
ILOE Dubai: How to Apply for Involuntary Loss of Employment
Involuntary Loss of Employment (ILOE) Insurance In this article, we cover what is Involuntary Loss of Employment (ILOE) insurance, its benefits, and how you can apply for it. Job seekers often struggle to secure employment in today’s fiercely competitive environment, where specific skill sets are in high demand. This highlights the importance of landing a […]
Property Gifting in Dubai: A Complete Guide
Gifting Dubai Property Considering gifting your property in Dubai? The process offers a seamless way to transfer ownership, whether for family, inheritance planning, or asset protection. At EZONE, we bring expertise in conveyancing and can help you establish an offshore entity or foundation for property ownership, ensuring your assets are safeguarded. What is a Property […]
Start Your Own Company Now: Why You Should Stop Dreaming and Start Doing
Starting Your Company Dreaming about starting your own company can be exciting, but those dreams need action to become a reality. Here are compelling reasons why you should stop dreaming and start doing so by launching your business today, not later. The Perfect Time Doesn’t Exist Waiting for the “perfect” time can be a trap. […]
Crypto License in Dubai: How to Start a Crypto Company
Satoshi Nakamoto In 2009, Satoshi Nakamoto launched Bitcoin in response to the financial crisis, aiming to decentralize traditional systems and offer an economic alternative. Initially, it was seen as a niche concept, mainly appealing to tech enthusiasts. Fast forward to today, surrounded by thousands of cryptocurrencies, drawing in everyone from tech-savvy millennials to seasoned investors […]
UAE PASS: A Business Essential for the Digital Age
UAE PASS: Unlocking New Era In an age where time is of the essence, and efficiency is paramount, UAE PASS offers more than just a digital identification tool; it’s a gateway to streamlined operations, reduced bureaucracy, and unparalleled convenience. Think of it as your all-access pass to a world where administrative hurdles are significantly lowered […]
Top 5 Must-Attend Networking Events for Entrepreneurs in Dubai
We’ve rounded up the Top 5 Must-Attend Networking Events in Dubai for Entrepreneurs who want to connect, learn, and grow. Amid the rapid changes shaping industries globally business success is increasingly about who you know and how quickly you can adapt. Dubai’s thriving event scene gives entrepreneurs a rare platform to engage with industry leaders, […]
Corporate Tax vs. Value Added TAX (VAT): UAE Guide
Corporate Tax and Value Added Tax (VAT) are two pivotal components of the UAE’s tax landscape, each playing a distinct role in shaping the country’s economic framework. While both taxes contribute to government revenue and align the UAE with global financial practices, they operate differently and impact businesses uniquely. Understanding the distinctions between Corporate Taxes […]
Understanding the Wages Protection System (WPS) in Dubai
Wages Protection System, more commonly known as WPS in Dubai is the UAE’s initiative to protect employee rights. This electronic salary transfer system ensures timely payment of salaries through authorized financial institutions. Here, we explore what WPS is, its applicability to companies, its impact on employees and employers, and the consequences of non-compliance. What is […]