While the pandemic has brought about many challenges to the business community, the situation is not without hope. Businesses can survive and overcome the impact of COVID-19 by implementing measures that can help fortify their competitive edge and maintain their...
Damian Brennan
Why Should I Establish a Mainland Company?
Mainland vs Free Zone A mainland company is a company licensed by the Department of Economic Development (DED) in the relevant Emirate of the United Arab Emirates. On the other hand, a free zone company is licensed by one of the Free Zone Authorities and covers a...
The Financial Opportunities of The Pandemic
Over the past 6 months, a lot has been said about how the pandemic has destroyed businesses, industries and economies altogether and I don’t disagree with most of them. However, not many spoke about how best to navigate and benefit out of the crisis and this write-up...
Economic Substance Regulations (ESR) in the UAE: What it Means for Your Business
The Economic Substance Regulations (ESR) was introduced in countries across the globe to seek compliance from major regulatory bodies based in Europe and the United States. These regulations are targeted at jurisdictions that offer minimal tax liabilities to...
Beware: Misleading Communication About UAE Residence Visa and Business Licences
Planning to start your own business in the UAE? Starting a business is an exciting venture, yet at the same time it can also be an overwhelming one, especially if you want your new business to ride the waves of change coming your way during the coronavirus pandemic....
The average age of a successful startup founder is 45
Using a variety of indicators across different industries, Harvard Business Review’s (HBR) recent findings debunk the popular belief that the most successful entrepreneurs are in their early twenties. Based on employment growth and fastest sales growth in the first...
Staffing your startup: why financial literacy among millennials is important
With millennials accounting for a quarter of the Middle East’s population, and a vast majority of entrepreneurs under the age of 35, the region is fast becoming a global hotspot for youthful startups. And while the UAE in particular offers a wealth of opportunity for...