In the first half of 2024, Smart Zone has proven to be a leading force in business setup within the UAE’s flourishing entrepreneurial landscape, registering over 1,200 new small and medium-sized companies.
Since its founding, Smart Zone has been instrumental in establishing more than 30,000 businesses across the UAE, offering a range of services such as Residency Visas, Bank Account Opening, Tax & Accounting, and more, which are crucial for empowering startups and SMEs in the region.
Looking ahead, the company has ambitious plans to continue fueling the startup ecosystem in the UAE, aiming to support over 10,000 new businesses by the end of 2025.
With an impressive 96% client retention rate and over 1,200 new businesses launched under its expert guidance, Smart Zone has become a significant contributor to the UAE’s economic growth.
Smart Zone is playing a vital role in boosting the nation’s economic growth across key sectors essential to the UAE’s diversification and GDP expansion, including e-commerce, general trading, real estate, and FMCG.
As the UAE continues to diversify its economy, companies like Smart Zone are leading the charge, making it easier for businesses to establish themselves and contribute to the country’s rapidly changing economic landscape.
In the first half of 2024 alone, Smart Zone facilitated over 5,000 Corporate Tax registrations and helped set up more than 800 bank accounts for clients, significantly bolstering the UAE’s startup ecosystem. Additionally, Smart Zone plans to invest over Dhs 500,000 in 2024 to enhance services, further empowering startups and improving customer experiences.
“The UAE is brimming with entrepreneurial spirit, driving a wave of innovation that’s transforming our economy. These new ventures are not just fueling growth—they’re shaping the future of a dynamic and vibrant UAE. It’s a thrilling time to be part of this unstoppable momentum, where every new business contributes to our nation’s remarkable success story,” said Varoon Sinha, Founder of Smart Zone.
Regarding the UAE’s real estate market, Sinha remarked, “The UAE’s real estate sector is reaching new heights, accounting for 5.5% of the GDP and driving a wave of growth that’s redefining our nation’s skyline and economy. With visionary entrepreneurs leading the way, we’re not just witnessing a boom—we’re building the future. This momentum is a powerful catalyst for the UAE’s prosperity, driving both stability and innovation across the entire economy.”
Smart Zone remains committed to supporting business owners and advancing the success of the UAE’s economy. The company is a key player in the ongoing growth of the UAE’s GDP, helping crucial industries establish and expand their operations in the UAE.
