If you’re setting up shop in the Middle East, there’s probably no better place than the United Arab Emirates. Don’t just take my word for it; ask the World Bank. In its Ease of Doing Business Ranking for 2020, the UAE continued its pole position in the Middle East and Arab World. Globally, it came 16th in a field of 190 countries.
The average office worker needs about 150 to 250 USF office spaces to do their job effectively. However, with office space becoming a scarce commodity in major metropolitan areas, this is a luxury most business owners can't afford.
The responsibility of ensuring employees have adequate space for peak productivity falls squarely on business owners and executives. The space should cover everything from office spaces and equipment to storage for office supplies and personal belongings. There's always room for compromise, but how much compromise can your employees take?
Investors and entrepreneurs globally are concerned about a possible recession. That's no exception for Dubai investors. Ali Janoudi, Head of UBS Wealth Management for the Middle East, Turkey, and Africa cautions UAE investors to stay alert even as inflation, geopolitical risks, and volatility adds to the market's instability.
Like every other country in the world, the UAE offers visas to foreigners wishing to visit, live, study and work there. The difference is with the types of tickets available to different people. While some countries have residence permits and even issue IDs, the UAE only has a residence visa.
There are numerous ways of starting a company in the United Arab Emirates, including creating a new corporation, acquiring an existing corporation, or partnering up with an existing business. While these are arguably the most popular ways to set up a business in Dubai, prime enhancements to Dubai's corporate climate have brought forth a new way of starting a business in this city –opening a Dubai franchise.
In the past few years, the UAE has intensified its efforts to fight money laundering and terrorist financing. The addition to the gray list may seem like a significant defeat to many, but since the FATF warning in 2020, the UAE government has taken plenty of steps to better adhere to global standards on fighting money laundering and terrorist financing. The following is a list of UAE's latest anti-money laundering measures and sanctions;
