The UAE Commercial Companies Law (the “CCL”) has changed to allow companies incorporated in the UAE under the CCL, sometimes colloquially called “mainland” companies, to have full foreign ownership. The foreign ownership change took effect on June 1, 2021, according to the UAE Ministry of Economy. This change aims to stimulate business activity and attract […]
With anything in life, you need to overcome your fears if you want to be successful. Letting your fears get the better of you will make it close to impossible to chase your dreams. Here are examples of fears that an entrepreneur will often face when building a business. 1. Criticism or rejection People are […]
Hundreds of companies make the life-changing decision of expanding their businesses overseas every year. The UAE, for instance, sees restaurants, retail stores, and numerous new company formations in Dubai Free Zones spearheaded or owned by foreign entrepreneurs annually. Going global is certainly a goal worth working hard for since the returns and prestige that businesses […]