Flyingcolour Blog

Get the latest news & updates on company formation in the UAE, learn how to start a business in Dubai and more business expert tips and insights
How to Setup a Medical Clinic in Dubai?
June 30, 2020 In Business Setup No Comment

Given the huge demand for high quality medical care in Dubai, it is a preferred destination for medical practitioners to set up their clinic. The affluent population base, favorable tax systems and a safe and enjoyable environment for family, makes […]

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UAE All Set to Bounce Back in the Post-Pandemic Resurgence
June 27, 2020 In About Business No Comment

At present the world is facing the most horrible health crisis of all time which has completely turned the global economy upside-down, ruptured the supply chains and throw away the financial market, in a turmoil as the world economies are […]

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9 Important Things for a Strong Business Model
June 25, 2020 In About Business No Comment

A successful business is made on a strong business model. This can be done by new companies as well as the existing companies. This helps in moving towards profitability. Successful businesses have adopted business models that let them to accomplish […]

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Economic Substance Regulation: What Is It and Are You Eligible?
June 11, 2020 In VAT - Accounting & Bookkeeping No Comment

The UAE introduced the Economic Substance Regulations, applicable in offshores, freezones, as well as on-shore, to honor its commitment as a member of the OECD Inclusive Framework on Base Erosion and Profit Shifting (“BEPS”), and in response to a review […]

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Starting a Daycare Business In UAE
May 31, 2020 In Business Setup No Comment

Cultural diversity and visionary policies of leaders in UAE have made the country a land of investment. UAE is the 30th largest economy in the world and No.1 in the Middle East. The prosperity in the economy is due to […]

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How To Start a Hotel Business in Dubai?
May 21, 2020 In Business Setup No Comment

Dubai is a city which has carved a niche of its own & is popular equally among tourists & residents alike. In this scenario, one of the basic amenity that has to be in place is a comfortable space, where […]

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How To Start Personal Fitness Training Business In UAE?
May 20, 2020 In Business Setup No Comment

UAE is a tourist place, thousands of people will travel every day from all over the world for spending their vacations, for employment, for business and enjoying lifestyle of UAE. Population in UAE are very fond of food, no one […]

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VAT On Transfer of a Business in UAE: TOGC
May 14, 2020 In VAT - Accounting & Bookkeeping No Comment

As per Article 7(2) of the Federal Decree-Law No. (8) of 2017 on Value Added Tax, the transfer of whole or an independent part of a business from a person to a taxable person for the purposes of continuing the […]

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UAE Assures No VAT Increase Post Saudi’s Increment Announcement
May 13, 2020 In VAT - Accounting & Bookkeeping No Comment

After the surprising move of Kingdom of Saudi Arabia (KSA) of increasing the VAT by three fold i.e from 5% to 15%, the citizens of the UAE were anxious about what this means for the UAE VAT system and if […]

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