Insurance

Yes Full Circle’s Proteco division unveils pioneering integrated brand protection and zero waste facility in Dubai

Yes Full Circle’s Proteco division officially launched a pilot plug and play facility that provides integrated brand protection, secure destruction and closed loop/zero landfill recycling solutions.   The facility uses proprietary technology to provide full traceability to confirm and validate the entire destruction and recycling process (a global first). The audit trail is stored on Green...

How to invoice international clients

Here’s a few things to keep in mind for a new business startup when invoicing international clients:   List the details It is mandatory to issue an invoice for any product or service that is up for sale in the UAE. In addition to detailing the nature of the work, it also needs to include the following: -       Complete customer (name and address) and supplier information, including the...

How do I navigate taxes in Dubai?

 As far as Dubai is concerned, the taxes owed by a business depends on the nature of its activities, geographical zone and trading partners. In UAE, it’s also important to know what kinds of tax concessions are currently being offered to foreign investors and startup founders. This can impact what kind of organisational structure and location you choose when you start a business in Dubai.   In...

Noor Takaful and CAFU sign partnership to bring essential services to your door

Noor Takaful | Ethical Insurance and CAFU signed a partnership virtually, giving their customers savings and service benefits that are geared towards helping customers keep their vehicles and insurance in top shape while society stays at home in an effort to curb the spread of the Covid-19 pandemic. As the lockdown mandate is lifted, this partnership will ensure that customers continue to save...

UAE’s first virtual signing takes place to signify partnership and announce new finance solutions for SMEs and corporates

Noor Takaful | Ethical Insurance and Deem, a digitally-led financial services provider, have signed a partnership that brings the best of insurance and personal finance together. In light of the impact caused by the COVID-19 pandemic, this partnership will create new solutions for corporates and SMEs to access Insurance products online while they are working remotely and quarantined from their...

How to implement the perfect employee incentive scheme

Business startups in the UAE tend to offer two main kinds of incentives to employees: cash bonuses and stock ownership.    Cash bonuses  Simply put, cash bonuses are pre-set payments that are awarded to employees when their performance empowers the company to fulfil certain objectives. Some companies choose to offer annual bonuses to staff; others stagger payments over a more extended time...

Tips for ensuring the smooth opening of a corporate bank account in Dubai

As of June 2019, there are 22 locally incorporated banks in Dubai. Moreover, there are 27 branches of regional and international banks in the UAE, most of which have a presence in Dubai. With about 45 banks to choose from, new investors looking to register a business in Dubai must carefully select a bank that supports their business needs.    When opening a business in UAE and choosing a...

Transforming Financial Services Compliance for The Digital Age

United MakGroup Technologies LLC Joins Verint Financial Compliance Partner Program    Dubai, UAE, February 2, 2020 – United MakGroup Technologies LLC, a leading mission critical technology solutions specialist in the Middle East with domain expertise in banking and financial institutions, today announced it has joined a financial compliance partner program created by Verint® Systems Inc....

Healthigo acquires DrFive creating the largest patient focused platform in the region

Healthigo provides care-seekers a single platform to connect with all stakeholders in their healthcare journey. With more than 18,000 doctors at 2400+ healthcare providers mapped to 100+ insurance providers in UAE, Healthigo allows for personalised search, instant appointment booking, offers & promotions, as well as contextual health & wellness articles. Healthigo’s unique business model is...

How to set up a general trading business in the UAE

Business setup in all of the seven emirates is now more efficient and convenient than ever. As a result, the number of entrepreneurs from all industries has increased exponentially. One prominent business type that keeps hitting high figures in the UAE today is general trading.   What is a general trading business?   General trading business is incorporated with a general trading license that...

Announcement: Bombay Shirt Company launches corporate collaborations

Do you feel that corporate dressing is changing and evolving?  Whether your company still needs formal suits or not, a smart dressing environment is evolving at the workplace as well as outside work.  But everyone still needs great shirts – only more so.   Bombay Shirt Company, Dubai, has launched corporate collaborations that will make your employees and teams happy.  The corporate...

How to start a business in a UAE Free Zone

The free zones in the UAE can be categorised into two groups—industry-specific and general-purpose. Here's to give you an idea:   Industry-Specific Free Zone Industry-specific free zone specialises to only particular or interrelated sectors. Examples of these free zones are Dubai Internet City and Silicon Oasis, which are specifically designed for the IT and innovation industries. Or, Dubai...

How to structure the perfect business plan for success

Now, it doesn’t mean that you have to perfect your business plan from the get-go. A well-written business plan requires time and effort, and it keeps evolving as you learn and understand more about your business, your market, and ultimately, yourself.   However, even how important a business plan is, some entrepreneurs today still underestimate its relevance to achieving business success. And...

How to protect your company from the pitfalls of a startup

If you are a startup company, there is always a phase of trial and error. At this stage, learning from your own mistakes and of others is pivotal to your growth as it is an opportunity to discover a more effective business approach. It allows you to change your perspective and have a deep awareness of what your business needs to thrive.   However, without the right strategy or external support,...

Mainland or Free Zone - Which Company Setup is Better for You?

Our experts at Decisive Zone recommend listing down your requirements and preferences in terms of business scope, ownership, visa eligibility, and office space, among others. To help you identify what’s best for you, let us dig into how mainland and free zone differ based on those areas.   Business Scope   Mainland Being incorporated in the mainland means you have the freedom to conduct...

How to protect your company from the pitfalls of a startup

If you are a startup company, there is always a phase of trial and error. At this stage, learning from your own mistakes and of others is pivotal to your growth as it is an opportunity to discover a more effective business approach. It allows you to change your perspective and have a deep awareness of what your business needs to thrive.   However, without the right strategy or external support,...

Employee Wellness Engagement Comes Of Age in UAE

Corporate Connect, launched in February 2019 offers a wide range of unique points of engagement aimed at improving employee health, wellness and welfare. Corporate enterprises can now enable easy access to healthcare mapped their insurance, increase productivity of their employees, reduce health related workplace absenteeism, and reduce healthcare costs - all using one single platform.   Sign...

Dubai-based Oasis Insurance has launched an e-commerce insurance portal, lnsureAtOasis.com that delivers policies to your inbox in five minutes

With unique features and enhanced experience, the website is gaining traction day-by-day, according to the company. Oasis Insurance aims to empower the customers by simplifying the way policies were issued earlier be it for motor, travel or home. Seeing the delay in the delivery of policies by other providers, Oasis Insurance took up the challenge to offer convenience to its customers and save...