Now it is possible to conduct business in one of the most prosperous regions of the world, without being physically present there. Sounds unbelievable? Well, you've got to believe. The Deputy ruler of Dubai- Sheikh Maktoum bin Mohammed bin Rashid Maktoum launched the Virtual Company Licence. As the name sounds, it is an initiative aimed at allowing prospective business visionaries globally to set their foothold in the City of Gold. This virtual licensing will enable people from across the globe to set up their business via all digital procedures, and even conduct the same without needing to reside in Dubai, according to multiple media reports. Such an initiative is expected to attract a massive one hundred thousand companies in the region. The Virtual Company Licence is also the first-in-kind in the area, reports Arabian Business . How Far the Allowances of this Digital Licence Goes When it comes to Business Setup in Dubai? The Virtual Company Licence is designed...

Dubai can be a very fertile ground for taking off with the dream business. It has been growing stiffly and is one of the most sought after markets in the world, across verticles. So if you're among the many aspiring entrepreneurs, eyeing the City of Gold as your next venture, you're not the only one, and that your thought is legitimate. Whereas the idea of setting up a whole new venture in Dubai might sound a little daunting; and truth be told, it could be as well, least you don't get associated with the right business setup consultant. At Business Link UAE, you get world-class professional service, everything related to business setup in Dubai . The ever-growing economy of Dubai is more welcoming than ever, and to the joys of the business person and entrepreneurs, the government is also proceeding exemptions in tax, reduced setup procedures, cutting down on bureaucracy, among other welcoming migrating policies, as an aid to the budding start-ups. Dubai o...

The official data shows promising time ahead in the UAE, with the economy touted to grow ever more in 2019-2020, the Khaleej Times reports. The nation’s economy is supposed to grow 2.1 percent in 2019 and a leaping 3.8 percent in the upcoming year, before easing 2.8 percent in 2021, according to the data released by Dubai Economy. Goes without saying, time is best if you’re planning or have ever planned to take the next step to see your business of dreams as a reality. But before embarking on starting a company in Dubai, you cannot overlook the nuances that come with the planning the business like the formalities and legalities that are there. That said, however, there is nothing to worry, since now it is relatively more accessible to set up a company in Dubai. All you’ve to do is understand a few stuff and grab a good consultancy company, and you’re good to go. Perhaps, a more precise understanding on certain aspects of the business setup process could land you on the ...