Setting up a business in Dubai – Basic information

Dubai is not only the hottest tourist destination in the Middle East, but is also a hot spot for entrepreneurs who want to start their business in a strong and progressive economy. There are many factors that attract foreign investors to invest in Dubai. One of the biggest factors that make investors consider business setup in UAE is the investment and business friendly policies of the Dubai government. Another major factor for Dubai to become a popular business center for new businesses is the strong economy and healthy business environment. If you are also planning to start a business in Dubai, you must have complete information about business setup in Dubai. Following are the important points that you should know before setting up your business in this Emirate:

Economic jurisdictions

The first thing that you will have to consider is that of which economic jurisdiction suits best for your business. If you don’t know already, you will have two choices with you to pick from. You can setup your business through the Dubai Economic Department or you can choose one of the many free economic trade zones to start your business without worrying about taxes and duties. You will have to choose the right economic jurisdiction for your business, keeping its needs and requirements in mind. If you are considering the benefits of a specific economic zone and not the needs of your business, it can prove to be the worst decision for your business.

Legal form of business

The next thing that you must be sure about is that what legal form of business is best for you to operate it successfully. There are three different types of legal forms available for businesses in Dubai. If you want to run your business alone, then you can register it as sole proprietorship. If you are not a GCC citizen, you cannot register a sole proprietorship company in Dubai Economic Department. Either you will have to choose a free zone authority for that or you will have to look for a local service agent to fulfill legal requirements. If you want to register a partnership firm, then you will have to include at least one local partner with minimum 51 percent share of the company. There are no such requirements if you are going to register your company in a free zone. For the record, public companies can only be formed by local individuals. It is highly recommended for you to look for the best business setup services in Dubai to register your business without any stress and trouble.

5 Tips On Using Social Media For Recruitment

Social media platforms like Facebook and Twitter are often used as a personal platform to express views and update status. But it can also be used for corporate means like recruitment. But posting a job vacancy on the company page is just one way. Platforms like these can be a way to reach out to potential candidates and introduce companies to prospective applicants.

Top recruitment agencies in Abu Dhabi use and maximize social media platforms to improve their recruitment strategy. If you are wondering how you can use these channels for recruitment, be sure to read these tips:

  • Use the right platform

Although you can use all and any platform for recruitment, it would be best if you can choose the appropriate channel that would give you the best result. Recruitment specialists advise against using all platforms for recruitment as it will be hard to manage. Focusing on a few that will address your recruitment goals would be the best way. Base your selection on what your prospective candidates are mostly using.

  • Post a variety of content

If you are managing your company’s social media page, do not bombard the page with job vacancy postings. This would give people an impression that your company is all about getting people but not keeping them. It would be best if you can put variety on your postings like sharing photos of day-in-the-life of employees, featuring a staff, or sharing recent company activities. This would showcase how exciting your company is.

  • Update the details

Most users today are using social media to look for information. So, be sure to update the contact details posted in your social media pages. Try to include phone numbers and email addresses on the page and the contact person that they can talk to.

  • Make it personal

Most candidates ask the job details through the company’s social media page. If there are inquiries, try to reply as quickly as possible and message them in a way that is personal and engaging. This would give them a sense that they are talking to a real person rather than an automated message. Be sure to use first names when replying.

  • Measure your efforts

If you are running a recruitment campaign on your social media pages, be sure to quantify the results.  By measuring your efforts, you will be able to improve your campaign to yield more results.

Check out the post right here for more recruitment tips.

Why you should consider doing business in Dubai

In the past couple of years, Dubai has gained immense popularity as a trading hub. A major reason behind its popularity is that of the countless freezones that it has to offer. Believe it or not, but the approximate worth of this trading authority has been calculated to a full US $80 billion. If truth be told, the country has experienced progress and growth in a number of aspects. It is due to this that the authorities of the country have started providing all the more amazing facilities to its citizens. In the past, it was believed that the Emirate only made much of its nation’s income through its natural gas and oil supplies. However, the truth is that these now account to a mere 6% of the Emirate’s income. With time, the focus has shifted towards leisure and travel, and for this the authorities have put in their best to make Dubai a whole lot more appealing to tourists across the world.

A number of research studies have lately been carried out by the UN Human Development Catalog and the Crime Views Catalog, Dubai has been ranked number 31 in terms of the quality of life that it offers to all of its citizens. This particular ranking goes on to give a testimonial that the Emirate truly is focused on the development of its citizens, and has actually progressed substantially in terms of its finances, authority, and even in terms of its societal and cultural values. Although Dubai has already made a number of technological innovations and taken quite a few initiatives in this regard, it still continues to have plans for a whole lot more. It also plans on becoming the most laid back destination for all of its endless tourists and visitors.

Even though it is necessary for you to acquire a company trade license for a business setup company in Dubai, you need to bear in mind the fact that there are many different helpful and reward based components here that you can reap the benefits of. These include low cost energy and world-class emails facilities. Various Dubai 100 % free areas have been designed to offer solutions appropriate for business owners, and hence motivate growth in Dubai. Dubai is part of a selection of Emirates in the Center Eastern, jointly making the country of the United Arabic Emirates, or the UAE. They are specific in many factors, but each Emirate has their own tax decree, a little bit varying from Emirate to Emirate.

In terms of the Dubai Earnings Tax Decree which was initiated back in the year 1969, it is necessary for every chargeable individual with a company formation in DMCC Dubai to pay a tax. Chargeable individuals are those who live in the UAE and have established a business there. However, you may be exempt from tax if you have an exemption certificate. There is, however, a regulation in position for the three biggest Emirates – Abu Dhabi, Dubai and Sharjah – that states oil, gas and petrochemical organizations and foreign financial institutions have to pay tax.

What Makes Digital Marketing Plan Successful?

As a marketing official in any of the top multinational companies, it is always your top priority to create winning marketing campaigns for the products. The main aim is to provide the products with the proper promotion so that the maximum number of people are aware of its advantages and features. You keep a number of things in your mind while you make the strategy. Especially when it comes to digital marketing, your options are unlimited as you can use different tools including social media platforms for short term and long term to achieve the desired goals. You can always hire a proficient web designer in Dubai to make sure that all the graphics shown on your website or your social media profiles are of top quality.

When you’re in a process of devising a winning digital marketing strategy, the following tips will always boost your performance.

  1. It doesn’t matter whether you’re a new business or a renowned brand, all of you must have a good bit of presence on the social media platforms. You may start with a Facebook page for your business, followed by profiles on Twitter, Google Plus, Instagram, Flickr, YouTube, and many other such platforms. This would allow your company or brand to reach the maximum number of people as over 80 percent people heavily rely on the social media platforms to choose what they are going to purchase next. It is always a legit option to create a hashtag for your company, which can be used to talk exclusively about the products and services you offer.
  2. Apart from the social media presence, you must create a website for your business, which is there to not only extend your reach to the maximum number of users but also give out information about your products and brand to the visitors. It must be designed in an efficient manner and must collect all the key information, such as the nature of your business, its brief or detailed history, your products catalog, contact information, and links to your social media profiles. A great B2B website always has a blog where the company posts different articles that create the need about their products in the minds of the readers.
  3. The third most important thing to do is to hire a proficient copywriter and a creative graphics designer. Together they can create some of the most amazing content that catches the eyes of your potential customers and make them purchase stuff from your website. All the leading digital agencies in Dubai follow very much the same criteria but it is the quality of the content that stands them apart.

 

Knowing Training Companies Up Close

There is no denying the fact that training has to be one of the most important tools in today’s world and it is so for a number of reasons. In this day and age, when competition drives businesses, the importance of sales has gone so far up that you cannot afford to omit it. It would be appropriate to call sales as the most important tool for achieving business goal. One should not take training as a Gospel that remains the same for all eternity. On the contrary, a training regime has to be dynamic, flexible and goal oriented. Here, we are to look at some important aspects of training companies in London and will cover aspects that may allow them to excel. It is important as it will give us useful insight into whether or not is it feasible to hire a training company to fulfill your business needs.

There is little doubt that training companies will help you achieve your business goals the way you wanted to but there is a catch here, you should stick to the training regime and not improvise unnecessarily. It may come as a surprise to many but training companies also look satisfy customers just as much. It all comes down to how much you know about the company and what you expect from it. Many times, training companies deliver customers what they want and that’s where they stop. Here is the problem – sometimes customers end up settling for much less than what the company could actually deliver. For this reason, it is important for customers to know more about the training company. Here is more on this:

Capability

It is believed that most, if not all, training companies enjoy a positive reputation and rightly so. You can never question the professionalism of the training company you’ve hired. The only caveat that comes often is the inability of customers to better utilize the company. Keep in mind that every training company takes the job keenly and would be willing to deliver the desired level of performance if needed be. This means that now the ball is in customer’s court, and they have to discover the training company they’ve hired. The company will surely help but they’ll stick to the basics instead of bringing something you didn’t need. The training regime will still be as per your needs.

In case you are looking at team building activities in Newcastle for some purpose, you might have to approach that with care too.

How ERP Software System is Beneficial for Businesses?

The Enterprise Resource Planning (ERP) software system is rapidly making its mark across the globe as it promises more control to the business owners on their business strategies and delivery of services and products. The implementation of ERP system empowers the companies to keep track of the business transactions and the manufacturing process and achievement of various milestones. The United Arab Emirates government has recently adopted various measures to implement the latest technologies in businesses which has further enhanced the number of ERP solution providers in the UAE.

There are many ways an ERP software system positively impacts your business, of which few are discussed below.

  1. The ERP system allows the top management to keep track of progress in different departments. More than one official can have an access to the system to keep an eye on the targets and their achievement. Each and every process is visible to different departments, which makes it easy for the management to trace all the processes and strategies being implemented. This also allows the management to raise questions on certain methodologies which eventually leads to a better end product.
  2. One of the biggest advantages of implementation of the ERP software system is the automation of work and processes in an organization. As an administrator, you set the workflow for each department of your company and leave the rest on the software to track their progress. It allows smooth and quick transition between different departments. The decision makers can keep track of the progress to ensure timely completion and delivery of the product to the client. As far as automation is concerned, a company can automate various processes including taking inventory information, tracking financial transactions, and processing of customers orders, etc.
  3. Another huge benefit of applying the ERP system is that you have one platform open to all and sundry for reporting purposes. From various statistics and statuses of manufacturing process to real-time reporting of the overall progress to different departments, the system leads to improved transparency and better connectivity among departments.
  4. You can always rely on the data generated by the ERP software system. It gets you rid of keeping manual records and data. It unifies the data from various departments and works as a comprehensive management tool to monitor performance of the employees and take stock of the effectivity of certain processes and strategies put into place in the organization.

 

For more information on SAP business one partners in Dubai, please follow the link.

Financial Translation: How Does it Work?

Financial documents are highly confidential document that needs outmost care in handling, even the translation of financial statements. Every detail should be checked to ensure that no mistake is made during translation and after the translated document is turned over to clients for their official use.

Which is why a detailed process is conducted by translation companies before they proceed to the actual work and it continues until the client is satisfied with the results. If you are curious on how it works, the basic process of financial translation goes like this:

  • Initial consultation

Both parties will set an initial appointment so they can discuss the project. On this meeting, the client will give an initial brief about the company, the general content of their financial statements and initial expectations. The translation company, on the other hand, will discuss their process and terms and conditions. Both parties will have an opportunity to set their expectations on the project and draws out an initial quote for the translation job.

 

  • Mapping out the scope

If the project proceeds as planned, the next step would be mapping out the project scope. The project scope contains the scope and limitations provided by both parties. On the translation company’s side, they will be providing the final quote or rates, the time frame and the number of revision that are allowed. It would also include the number of individuals which will be included in the project and their roles. On the client’s side, it should include the timeframe for providing the documents and the turnaround time for submitting an initial feedback. Both parties would have to agree with the scope before the project proceeds.

 

  • Translation of documents

This would be the actual work. Based on the scope and expectations given, a team of financial translators will work on interpreting the documents given and translating it in accordance to the brief given. The clients is usually not allowed to meddle on this phase to avoid confusion and delays.

 

  • Review of initial draft

Once the translation company is done with the translation, they will submit it to the client for review. The client and his team would be given enough time to peruse and review the document for feedback and they will have to return the documents with consolidated comments to the translation company.

 

  • Revision and Final Drafting

Once the translation company received the initial draft with comments, they will work on integrating these comments to their initial work and furnished a new copy until they meet the required number of revisions and satisfies the client.

To know more about the comprehensive translation process, read full article here.

Why You Should Choose a Facilities Management System for Your Organization?

In the previous decades organizations used to face quite tough time regarding the facilities management. Facilities like job order, man power, work in progress, machinery and things like that seemed to be unmanageable. Now on the other form if you think that doing it all manually is a quite childish task then you are living into the world of illusions.

Facilities management is not at all a piece of cake. Doing it manually requires so much of your time moreover you need to put in so many efforts into it. Now is the time to save yourself from this trouble. Just because previously people used to put in so much of their time and efforts into the facilities management, they used to get blamed for the low productivity. Well an intelligent question is that how can you think of utilizing the man power into this work and still you expect them to be very productive? If they are so busy in doing these things how will they complete other task. This was the reason that became the root cause of development of facilities management system.

In Melbourne, facilities management system is being used by many organizations. It is not easy for a giant organization to do this work manually. So, the facilities management system comes there for the help. Facilities management software gives you the ease of checking available facilities. Due to the vast advancement in technology now you can operate it from the one centralized point.

Why do businesses need it?

If you are still not aware of the perks of facilities management system then now is the time that you should think about it.

Cost saver!

You can call it cost saver! Facilities management system allows you to save cost by all means. It keeps you updated regarding everything going around. You get the clear idea of what is in and what is out.

It is paperless!

Taking care of important papers is not at all easy. Sometimes you miss the papers and the complete data get lost. When you go paperless, when you save all the data in facilities management software then you don’t need to worry about the risk of data to get lost. Life is much easier with this software and there are so many companies that can make it for you. If you want to see the reliable companies for it, click here.

Common Documents That Are Translated

Translations can be beneficial for some individuals and companies. If you or your business needed some document to be understood by foreign parties, the best way to go is to have them translated go the message being read is clear as the stream water. Publishers always seek the help of translators to have their manuscripts and documents translated to different language and be sold on different parts of the world.

Contrary to the popular belief, translators in Dubai translate not just books but a bunch of documents that are essential to their clients. These documents maybe in legal or related to their profession. Nonetheless, translation companies accept these kinds of order to serve their clients better. Here are some of the common papers translation companies receive:

 

  1. Contracts

Business contracts are one of the most common documents subject to translation, especially if you are dealing with foreign partners. Business owners and enterprise moguls are subscribing to translation companies to have their business contracts and other documents translated so other investors would understand the stipulations indicated on the contracts.

 

  1. Certificates and Visas

Yes, certificates such as birth certificates is also translated to other languages depending on the need. For individuals who will be marrying abroad, they need to have their birth certificates translated to the language of the country they will be married into. Translation can also be used when applying for students or going through an adoption process overseas.

 

  1. Product Patents and Licences

Newly-released patents and licences are documents needed for translation since they are being disseminated to other locations. Product patents is also important when applying for product distribution in other countries. Patents should be translate accurately since this document is crucial for the application and distribution.

 

  1. Scientific Research and other research studies

Scientists who are able to confirm or debunk a theory or discover something monumental would likely to have their papers translated so students and research individuals in other countries would be able to understand their discovery. Research papers and cases are quite tricky to translate that is why a special translator is needed to get the job done.

 

 

 

 

  1. Financial Documents

Financial documents such as reports are being translated so that foreign stakeholders can keep tabs on what has been happening to their investments. Financial companies employ the help of translators to be able to translate the financial reports accurately and foreign partners will have a better understanding of the financial situation of the company.

Read more about translation companies by visiting our site.

 

Limitless perks of company formation in freezones

You are aware of the thing that United Arab Emirates is basically comprised of 7 different independent regions which are known as 7 emirates. These 7 emirates are unique in their own way and there are different perks of opening up a business in those 7 emirates. These 7 emirates have different freezones and for sure every one of you knows about a freezone, if not then all of you must have heard of freezone somewhere.

Freezones are the eye-candy of entrepreneurs and you can open the business you want. It’s easy to establish your company in the freezones for instance if you want to open an auditing company in Dubai airport freezones, you can do it easily, you just need to follow the legal procedure and have to fulfill the requirements of opening up a company in freezone. Have you ever considered the advantage of opening up a company in freezone? If not, then now is the time to consider them.

Global exposure

Freezones opens the door of opportunities for you, UAE is very famous when you talk about freezones, and it has an open culture and welcomes you whole-heartedly without imposing multiple restrictions. Freezones offer you the perfect culture; you can easily trade there and can easily conduct all of your business operations.

Are you aware of the fact that there are certain freezones that offers you the tax free life? Yes! It’s true there are certain freezones which has no tax and duties. Means you don’t need to pay heavy amount of tax there.

Conduct your business operations freely!

Freezones open doors to the opportunities, you can fairly conduct your business operations with less government intervention. Well, entrepreneurs find it quite frustrating when they face the government intervention in anything. The freezones provide them a huge opportunity, the companies face less government intervention. Moreover, there are so many opportunities which exist for you in the freezones. As many foreigners are expanding their business in freezones, this opens a room for you too. You get more business there; you can earn maximum profit there. For instance if you look forward to the vat agent dubai, you can conduct your business operations freely without any intervention of the third party.

Low Duties

This is the first thing which comes into an entrepreneurs mind. Yes there are low duties in freezones. You don’t need to face any duty when you import goods into free trade zone as the free trade zones don’t impose duties on the good and if they do then it is always little.

Skip the stress of starting your business in UAE!

It is surely an amazing feeling of being an entrepreneur; it feels so good when you have your own business set up in UAE. Certainly the legislations, the lengthy procedure is tiring enough and many entrepreneurs quit the idea of opening up a business in UAE. Little do they know, there are agents that can help them with the registration and everything? To get something good you need to put in efforts. You can’t expect everything to get served in your plate. Since, you are an entrepreneur you are aware of the hard work required to become one.

If you need guidance regarding how to start business in UAE and you want to avoid the stress of starting up your business there, you need to follow certain things.

Research

It is so very important that you analyze and research about the market in which you are going to operate. You need to have complete information regarding your market and your sector. It is so very important that you take the trends and profitability in count but you can’t forget that you should not ignore your personal interest.

Matters related to ownership

Don’t consider it really simple. The ownership matters are always intricate and you need to get through it. Though Dubai encourages foreign investments and the freezones can be operated by foreigners solely but don’t expect it from each and every freezone. Likewise if you are opening up a company in Jebel Ali freezone then you need to know that it is necessary to have 51% involvement of the UAE National to establish a company. Every freezone has its own laws and you need to follow those laws to establish an entity there.

License

To operate a business in UAE it is very important that you first obtain a license; there are mainly 3 types of license which are commercial, professional and trading. The commercial license coves all aspects related to trading, professional license is for those who the professionals of any industry likewise, craftsmen, designers etc…

It doesn’t matter in which industry you operate in, you need to have a license and you need the approval of authorities.

Consider hiring an Arabic speaker

It is recommended that you hire someone who knows Arabic so that he can negotiate for your business in Arabic. The thing about 7 emirate of UAE is that mostly transactions are done in Arabic. So, it is good that you hire someone who is pro at it. For more information related to setting up a business in UAE, click on read more