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There are some pretty stark statistics surrounding the number of new businesses that fail. A much-used quote is that 95% of businesses fail within the first 5 years. More recent studies suggest that the actual number is closer to 50%, while about a third of...

Establishing your own business in UAE is an exciting and challenging chapter of your career. There’s no way around it -launching a new business takes a lot of time, energy and courage. If you skip any steps, you could set yourself up for failure. Here...

For all the creative types out there, Sharjah has just opened a free zone specifically for you. Shams, short for Sharjah Media City, is now issuing licenses. The new free zone offers entrepreneurs, creatives, freelancers, startups, and SMEs some interesting options when it comes to...

Our head of business and strategy planning   So Carmen, how’s life at Vital? Life’s great! I joined the team in March 2015 and I’ve really enjoyed my first two years with Vital. There are lots of exciting things happening within the business at the moment. We have...

The 1st January 2018 will see the new value added tax (VAT) implemented in the UAE. This will be the first time that VAT has been issued anywhere in the GCC, and there are bound to be a few early hiccups, especially for smaller businesses...

Ramadan Kareem to all our readers! For all of us in the Middle East, this is the holiest month in the Islamic calendar, where our Muslim partners and co-workers typically fast from the break of dawn until dusk. For business in the GCC, Ramadan usually...

So you’ve taken a leap of faith and created a new business. You’ve now made it through the first year and have started seeing a profit. It truly is a gratifying feeling when an entrepreneur takes an idea and turns it into a profitable business....

As an aspiring entrepreneur, you’ll find that there’s plenty to do on your way to business ownership. It's a journey that requires a lot of hard work and no small amount of risk. However, the road to success can have quite a few hurdles along...

What is a trade licence? When you established your company in Dubai, you received a trade licence. This legal document allows your company to conduct those business activities listed in the trade licence, in accordance with certain regulatory requirements and UAE law. For companies outside of the...

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