Articles worth reading

LGUs have power over mandatory vaccination

account_balanceMetro Manila access_time5 days ago

Local government units (LGUs) have the authority to impose mandatory inoculation against Covid-19 and eliminate hesitancy and brand preference, according to a report by Philippine News Agency. Department of the Interior and Local Government (DI...

Return of face shield policy opposed

account_balanceMetro Manila access_time5 days ago

A leader of the House of Representatives on Tuesday said the government should implement strict border control measures instead of re-imposing the mandatory wearing of face shields to directly address the spread of the new Omicron variant of Covid-19...

Attendant turns over bag with cash to MIAA 

account_balanceMetro Manila access_time5 days ago

A bag containing a huge amount of cash along with other personal belongings was turned over to airport authorities by a building attendant of the Ninoy Aquino International Airport (NAIA) Terminal 2 on Saturday, November 27. The airport personnel, a...

Metro News

EnterPH teams up with Creative Zone 

account_balanceMetro News account_circleMylene Santos chat_bubble_outline0 Comments

Aiming to assist Filipino enterprises to expand their operations in United Arab Emirates (UAE), EnterPH, a consultancy firm led by the country's renowned entrepreneurs RJ Ledesma and Atty. Ricardo Chan, helping foreign companies expand to or outsource their businesses to the Philippines, has partnered with Creative Zone, a leading business setup company based in Dubai, UAE. 

The strategic partnership will provide a platform and advice to small and medium enterprises (SMEs) and investor-seeking startups to enter the UAE and expand their business in other Gulf Cooperation Council (GCC) markets.

Commenting on the partnership, Ledesma, an award-winning host, a serial entrepreneur who  also serves as Consul of Monaco to the Philippines, said, "Dubai has always been close to my heart, and educating my fellow entrepreneurs on the overlying opportunities and business potential that can be leveraged whilst within the country is a novel approach."

"Companies like Creative Zone make it much easier by providing business owners with flexible and cost-effective solutions about how and where to set up and operate their companies locally in the UAE. I look forward to this fruitful partnership encouraging the spirit of entrepreneurship," he added.

Lorenzo Jooris, CEO of Creative Zone, commented, "Together with EnterPH's wealth of knowledge in the Southeast Asian market, this partnership will pave the way in materialising the global entrepreneurship concept more effectively and quickly."

According to Jooris, aside from enabling Philippine startups to expand in Dubai, Creative Zone also offers entrepreneurs start-to-finish business solutions they need to establish, sustain and grow their businesses, including assisting in investment opportunities. 

Last year, they launched their first Accelerator and Incubator program, She Leads and Startup X, of whose second cohort just concluded, and soon they will be declaring the winners who will get business support services worth AED 100,000 with a solid chance of getting funding. Their mainstream business services include tax and accounting, legal, concierge, insurance, and even co-working options.

Regarding the cost of the services and the requirements, Jooris mentioned that the cost entirely depends on the nature of the business activity, the number of visas, jurisdiction, and several other factors. The same goes for requirements; for instance, opening a restaurant will be entirely different from a consulting business. Their mainland startup booster package starts from $6000, whereas their Free Zone options begin with as low as $1300.

When asked for a reason why the Philippines is on their radar and if what are the market opportunities they saw for Creative zone in the country, Jooris mentioned, "The Philippines' strategic location and vast business opportunities connecting the sizeable ASEAN market made the country our best bet. There is a considerable spike in entrepreneurs and startups expanding their business to the Philippines, and with the help of EnterPH, we would be able to tap into this community and ease the business setup process by removing the complexity and holdups from the entire course of the journey. The substantial domestic consumer base of 100 million and remittances from eight million Filipinos working abroad."

"Powered by a young, skilled, and English-speaking workforce, the country is abuzz with opportunities, and we seek to leverage that to attract more people to come and set up their businesses in the Philippines. Not to mention that the Philippines is a center of the world's largest centres for business process outsourcing and boasts of a strong industrial sector based on the manufacturing of electronics and other technology components for overseas corporations," Jooris added.

The UAE is home to more than 750,000 Filipinos, who constitute the third-largest expatriate community in their country, with an evolving purchasing power and representation across all sectors. 

The Philippines and the UAE also enjoy strong bilateral ties, and trade between the two countries accounts for 31 percent of the regional trade, valued at $4.81 billion.

The UAE's latest FDI laws allowing foreigners to own 100% of the mainland company has made the country a top attraction for entrepreneurs and investors to start their ventures.


date_rangeDate Published
1 week ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Kartilya ng Katipunan Published: May 9, 2009 by  joelcapistrano

DND asks Filipinos to follow Bonifacio's bravery

account_balanceMetro Manila chrome_reader_mode6 days ago

As the nation commemorates the 158th birth anniversary of Gat Andres Bonifacio Tuesday, Department of National Defense (DND) Secretary Delfin Lorenzana urged Filipinos to follow the hero's footsteps by safeguarding the country's freedom, ...

Taguig opens clubs to fully-vaccinated adults 

account_balanceTaguig chrome_reader_mode3 days ago

Only fully vaccinated adults are allowed to enter bars and clubs in Taguig, the city government said in a report by Manila Bulletin. The Taguig Safe City Task Force issued Advisory No. 58 on the operation of bars and clubs in the city. “Only ...

Valenzuela seniors to receive Christmas gift packs 

account_balanceValenzuela chrome_reader_mode3 days ago

Senior citizens in Valenzuela City will receive gift packs under the city’s “Pamaskong Handong” program from Dec. 11 to 18, the local government said in a report by Manila Bulletin. The distribution will be held in various barangay...

Muntinlupa eyes 8,000 daily vaccinations

account_balanceMuntinlupa chrome_reader_mode6 days ago

As part of the “Bayanihan Bakunahan” National COVID-19 Vaccination Days campaign which runs from November 29 to December 1, the City Health Office (CHO) of Muntinlupa targets to inoculate up to 8,000 individuals daily in all local vaccina...

Let's Stay Connected Like us on our Facebook page.
×
Click on the article to continue reading
Quezon City adopts no contact apprehension system Red Cross pushes saliva test Vaccines from COVAX to arrive in Q1 Makati Shangri-La to close doors on Feb. 1 Cities in NCR to start vaccination simultaneously Mother, girlfriend of Filipino infected with UK variant also test positive Send Press Release MNC Facebook Page MNC Twitter Page MNC Instagram Page LGU Spotlight Barangay Front Business Sports Entertainment Metro Gen Metro Feature