If you are a business owner or a small business owner in the United Arab Emirates, we will help you, dear reader, on how to manage your business successfully , which will lead to the success of your project and thus increase your profits as a result of taking these measures legally in accordance with the state. The first thing we would like to highlight for the success of your project is the work team that you will choose for your company and what are the ways to manage the team.

Organizations used to be mostly based on a hierarchy where each person in the company had a well-defined role and a set of clear responsibilities that he performed. In today’s business market, transactions have become more flexible, and the focus has become on building a linear hierarchy based on cooperation and joint teamwork.

Recently, these changes in the structure of companies and institutions have greatly affected the team management process, and following the orders of the department head or direct manager is no longer acceptable to the young generation. Rather, the team leader today is viewed as a facilitator rather than a leader who issues orders and divides tasks among employees. 

How do I manage my business in the Emirates successfully?

Below we will mention some methods for managing a work team, which in turn guarantees that you achieve your goals and complete the work as it should be:

Be a role model for your team before you ask them to do something you must do first. One of the most important team management strategies that often achieves great success is building relationships with your team members and trusting each other.

Managing your business within the UAE also requires meeting the basic work environment requirements in order to run your business legally and successfully, such as opening a bank account, subscribing to the wage protection system, obtaining work visas, the required health insurance, and other matters that we will shed light on as follows:

Contracting with government agencies

If you wish to carry out business with government agencies in the United Arab Emirates, you must register with the suppliers’ list of each government agency and follow the necessary instructions. Such registration qualifies you to submit official offers in accordance with the tenders and auctions offered by the relevant agency, as government agencies in the country follow procedures that ensure the highest standards of transparency, integrity and freedom of competition in selecting suppliers based on a careful evaluation of the offers submitted.

Several government agencies also provide online registration services, and some agencies also offer tenders and auctions on their websites.

Promote your business 

This is very important and there are many ways to market your business in the UAE and you can do this either on your own, or by using the services of a specialized marketing agency. In either case, you will need to coordinate with the relevant government departments so that your steps are legal, which will avoid legal accountability.

If you choose to contract with specialized advertising agencies, this is beneficial, given that they have full knowledge of the procedures and laws required for each type of marketing.

Conducting foreign trade activities

If you, dear investor, wish to import and export goods, products and materials, provided that they are easily permitted, you can do so through all the sea and air customs ports spread across the Emirates of the country, but you must comply with local laws and customs procedures to legally import and export goods from and to the United Arab Emirates .

Dealing with legal matters

It is important to choose a legal consulting firm that is right for your business, as business expansion often requires you to seek legal advice on various business decisions related to employment, contracts, commercial disputes, planning, intellectual property protection, and more.

There are three legal sources in the United Arab Emirates:

• Federal laws and decisions (applicable in all emirates).
• Islamic law.
• Local laws in each emirate.

In addition to all of the above, there are commercial arbitration centres in the chambers of commerce in the UAE, which specialise in settling commercial disputes before they are transferred to the competent courts.

Wage Protection System (WPS) 

The Wage Protection System was developed by the Central Bank of the UAE with technology that allows the Ministry to create a database and information on the payment of wages to private sector workers, and the extent to which operating establishments are committed to paying wages on time and in the amount agreed upon, which protects the rights of both parties. Salaries are paid in UAE dirhams, the national currency of the UAE, or in any other currency agreed upon between the two parties to the contract, and all establishments registered with the Ministry of Human Resources and Emiratisation must pay the wages of their workers on the due date.

Open a bank account

Employers in the country have the right to open personal bank accounts or accounts for their companies in any of the local or foreign banks operating in the UAE. The use of the International Bank Account Number (IBAN) is mandatory for all bank transactions and transfers inside and outside the country.

There are some documents that must be available to open a bank account in the Emirates, which are:

• Salary certificate or no-objection letter from the employer or sponsor.
• Passport with a valid residence permit.
• Sometimes there are additional conditions according to each bank, unlike others.

Health insurance

The scope of insurance coverage for employees and their families is determined by the employee’s salary and job position, and the cost of medical services provided to the resident is determined by the scope of coverage and the insurance program. In each emirate within the country, the health insurance system differs, and employees who do not have health insurance from their employers can purchase health insurance for themselves and their families. There are many health insurance companies in the United Arab Emirates, some of which provide Islamic insurance products such as (Takaful).

Compliance with environmental and safety regulations

The UAE has given top priority to the values ​​of respect for human rights that promote the principles of justice, equality, and respect for rights, and has developed policies and laws to protect workers’ rights.

The UAE government has also launched several initiatives to protect its infrastructure in the face of global security challenges at the same time, such as: Hedaya Center 

The concept of compliance with environmental, security and safety regulations from an urban planning perspective means:

• Preventive security is a system that includes three principles related to individuals, information, and physical security to achieve a defense strategy in the event of any situation.
• Community security, which includes strategies and procedures that reduce the risk of crimes.

At the end of this article, dear reader, if you look at all the previous matters with interest and follow them in your project, then you are successfully managing your business in the Emirates.