A free zone is also commonly referred to as free trade zone is a defined geographical area within each emirate. These locations typically exist to help new businesses and startups because of no duties or taxes, which are levied in the free zone. The most important types of free trade zones are free zones, free…
The food and beverage industry in the United Arab Emirates is massive, and it is only projected to expand. According to recent estimates, the industry is worth about AED 142 billion, with development expected to reach AED 145 billion by the end of 2021. Year after year, an increasing number of restaurants and fast-food franchises…
Any entrepreneur looking to set up a company in the UAE should think about doing so in one of the country’s several free zones. There are numerous attractive free zones located in the Emirates, each of which provides a wide variety of advantages to entrepreneurs from all over the globe. One of the most appealing…
A Certificate of Origin (CO) is often required by the importing country when engaging in foreign trade as an exporter. The Certificate of Origin shall certify and declare the countries involved in the production or manufacturing process of the products included in the export delivery. Importing countries rely on Certificates of Origin to determine the…
A talking point that has been highly popular over time is Digital Transformation. Let’s just take a step back and answer the most basic question, “What does digital transformation actually mean for your company”, in the middle of all the global white noise around businesses spending substantial time, efforts, and money in digital transformation? While…
According to a report by an Arabian media group, the United Arab Emirates is set to amend its laws regulating citizenship to enable ex-pats to obtain Emirati nationality as long as they follow certain requirements. The UAE government acknowledged the change to the legislation on citizenship. Two other changes to the Citizenship Act of the…
