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 […]
Corporate Bank Account Now that your business is registered, what’s next after the company trade license is issued? Just as important as it is to conduct business legally in the UAE with a valid trade license, having a UAE corporate bank account is equally critical. The UAE’s modern and reliable banking system, stable local currency, […]
Dubai Remote Work Visa Dubai first announced the initiative of issuing Remote Working Visas in October 2020 allowing entrepreneurs and employees who meet certain requirements to live and work in the UAE for at least a year and to enjoy the benefits of a UAE resident such as housing, banking, telecoms, education, and healthcare – […]
The entrepreneurial spirit is extremely vibrant in the UAE with Small to medium-sized businesses, within Dubai these companies contribute a total of 46% towards Dubai’s gross domestic product. With figures like these, it would be in the government’s best interest to foster a constructive environment for companies to Incorporate, test, scale, and succeed. Therefore the […]
Dubai Logistics and Warehousing Sector A report released by the Dubai Chamber revealed how the UAE logistics and warehousing sector played and will continue to play a significant role in global efforts to overcome the COVID-19 pandemic. The country’s well-established air cargo routes, excellent maritime freight connectivity, and a mature warehousing and logistics network are […]
Out of the 198 global economies, the United Arab Emirates and its leading city of Dubai ranks 11th in Ease of Doing business and 25th in Simplicity of Starting a Business. Out of all of the companies in Dubai, 94 percent are Small and Medium Enterprises (SMEs). If you are looking for a place for […]
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 […]
