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Showing posts from July, 2018

WHY DO YOU NEED A LOCAL SPONSOR OR PARTNER FOR BUSINESS IN DUBAI?

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If there is one country which has the great opportunities for the business and new ventures, then it has to be Dubai. This city welcomes everyone with a great idea and investment to make their idea into reality. The state and the government managing in Dubai are keen in giving more opportunities for anyone who is interested from any part of the world. It has planned a strategic, infrastructure with the highest state of the art, high-end business facilities, and top-notch market suitable for most types of business. However, one of the basic requirements for Company setup in Dubai is having a local partner or sponsor. So What Is Or Who Is A Local Sponsor? It is a term widely used in the business market referring to an individual or party or nominee shareholders in the host country. In other words, the sponsor or the shareholder has to a UAE national holding a family membership card. As per rule of UAE, a shareholder who is a local sponsor has to have 51% shares of your...

Be your own boss - Start your own business

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If you are not able to work for someone, then it is high time to start being your own boss. Some people are born business person because they have this internal urge to finish their school and start their own business.  If you are about to start a business, then it is going to be a big step in your life as you have start from scratch. It also means you have to get out of your comfort, leave your current well-paying job and invest in a lot of time to do so.   It is that intentional risk you are willing to take because you cannot predict the success of failure of any business upfront.  But you just cannot wake up with the idea of business setup in UAE because it requires a lot of planning and capital investment. At the end of the day, having your own business will bring along lots of advantages, and for that reason, you should start your own business. Here are few reasons why should you have your own business: Be your own boss: Yes this is one of th...