You’ve likely encountered promotional campaigns from e-commerce companies claiming lightning-fast 15-minute deliveries. While it might sound too good to be true, the majority of them actually deliver on time. This type of service that seemed to be impossible is now known as Quick Commerce or Q-commerce. Understanding Quick Commerce (Q-Commerce): Q-commerce’s roots stretch back to the […]
Ramadan is a special time for Muslims around the world, including in Dubai. Here is a guide to help you understand what to expect and how to best experience Ramadan. Understanding Ramadan in Dubai Ramadan is the ninth month of the Islamic calendar, and it is observed by Muslims worldwide as a time of spiritual […]
Embracing Equity Women in the GCC region, as well as in other parts of the world, encounter various obstacles to achieving gender equality. Some of these challenges include restricted access to the workforce or barriers to employment, limited representation in leadership positions, and educational inequality to name a few. The United Arab Emirates (UAE) along […]
In 2021, the market revenue for second-hand luxury goods or pre-loved fashion was estimated to be just below 5 billion U.S. dollars worldwide but by 2027, it is projected to almost triple in size reaching a value of 14.7 billion U.S. dollars. Where once upon a time, buying second-hand goods was frowned upon, today they […]
Introduction of VAT On January 1, 2018, the introduction of VAT brought in a new era of economic change in the taxation system in the UAE. Since then, the companies operating in the GCC (Gulf Cooperation Council) have been subject to VAT provisions. With the establishment of VAT, the Federal Tax Authority (FTA) has generated […]
Introduction: UBO Resolution To create a safer and more financially sound environment for businesses, a new cabinet resolution, also known as the UBO Resolution, came into place on August 28, 2020, regulating the reporting and registration of the Ultimate Beneficial Owners (UBOs). The new resolution has been created following the Anti-Money Laundering and Anti-Terrorist Financial […]
Why implement ESR? On April 30, 2019, the UAE authorities enacted the Economic Substance Regulations (ESR) as a strong commitment to comply with the EU requirements of being removed from the EU’s list of “non-cooperative” tax jurisdictions. The government’s initiative to take this action highlights the nation’s strong efforts to protect companies against unsafe taxation […]
A Global Business Hub Dubai’s strategic location midway between the East and the West provides opportunities for international trade to flourish and for people to move easily across countries. Tax Incentives The UAE’s government offers attractive tax incentives to companies doing business in the country. There are currently no foreign exchange controls, trade barriers, and […]
Welcome to the EZONE Experience Reimagine your business journey with us. Welcome to the EZONE experience, where every client is given our utmost attention, and every work is done with great precision. Starting a Business in Dubai Starting a business in Dubai or anywhere in the UAE can be a tedious process. It takes a […]
Oftentimes, the allure of having one’s own business can be so tempting, that would-be entrepreneurs tend to overlook the unheralded yet vital aspects of setting it up – and this leaves them open to unsolicited advice, derailing what is supposed to be a streamlined process to realize their goals. As such, it becomes commonplace to […]
