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;
The United Arab Emirates is an international business hub that attracts a lot of ventures across the globe. Over the past few years, the number of foreign companies has increased. These trends can be attributed to Dubai being one of the most business-friendly countries globally.
Gratuity is a financial benefit or compensation offered by employers to employees in recognition of the services rendered for five years or more in a company. It is only payable when the worker leaves a job due to disability, death, or retirement, as indicated under the new UAE labour law.
In business, things don't always go as planned. Occasionally, you might have to deal with situations that are beyond your control, such as natural disasters or theft. While you can't prevent unfortunate circumstances from happening, you can put in place an effective business recovery plan to reduce the risk of failure.
Business owners face various challenges when finding a suitable office space. For optimum productivity, they have to create a conducive working environment. Part of this includes allocating each employee adequate space per square footage. When looking for commercial office space in Dubai, startup owners also have to factor in future expansion. For example, a company can begin with five employees but have ten by the end of the year
Trusts and foundations are not a new feature in law or finance, and neither are they in the UAE laws. This article analyzes trusts and foundations and how they apply to the UAE and the two free-market zones, which are the Dubai International Finance Centre and the Abu Dhabi Global Market.
If you want to start your own business in Dubai, a consultancy firm may be a great option. There are many different types of consultancy firms, and the one that is right for you will depend on your skills and experience. In this article, we will discuss the benefits of a consultancy firm and the steps you need to take to start a successful one in Dubai.
