Smart Zone, a UAE-based business set up company, said it helped over 1,200 new small and medium sized companies to get registered in the UAE in the first half of 2024.
The first half numbers took the total number of startups and new ventures Smart Zone has helped to register to over 30,000 since its inception, the company said in a media release.
Smart Zone helps establish new companies in the UAE with residency visas, bank account opening, tax & accounting, and other services.
The company said it aims to service over 10,000+ new businesses by the end of 2025.
“Our company plays a pivotal role in driving economic growth across some of the nation’s most crucial sectors essential to the UAE’s economic diversification and GDP growth, such as e-commerce, general trading, real estate, and FMCG,” Smart Zone said.
“The UAE is buzzing with entrepreneurial energy, sparking a thrilling wave of innovation that’s transforming its economy,” Varoon Sinha, Founder, Smart Zone, said.
The company said during the first half of 2024, it also facilitated more than 5,000 corporate tax registrations and set up over 800 bank accounts for their clients in the UAE, contributing immensely to the startup ecosystem in UAE.
Smart Zone said it will also invest over AED 500,000 in 2024 to upgrade services empowering start-ups and enhancing customer experience for its clientele.
