Dubai - Sharikat Mubasher: Smart Zone, one of Dubai's largest business setup advisory companies, helped more than 1,200 new small and medium-sized enterprises (SMEs) obtain registrations during the first half (H1) of 2024, the company announced in a statement.

Since its inception, the company helped over 30,000 companies in the UAE set up their business with its diverse services, including residency visas, bank account opening, and tax and accounting, setting itself as the expert in business setup in the UAE’s entrepreneurial landscape.

Smart Zone aspires to serve more than 10,000 new businesses by the end of 2025 as part of its mission of empowering startups and SMEs in the region. Additionally, its expert guidance contributed to the launching of 1,200 new businesses with a 96% client retention rate.

In H1-24, Smart Zone facilitated more than 5,000 corporate tax registrations and set up over 800 bank accounts for its clients in the UAE, contributing significantly to the startup ecosystem in the UAE.

The advisory company plans to invest over AED 500,000 in 2024 to develop services empowering startups and enhance customers’ experience.

Varoon Sinha, Founder of Smart Zone, commented: “As bold new ventures take root, they’re not just driving growth, they’re shaping the future of a vibrant, dynamic UAE. It’s an exciting time to be part of this unstoppable momentum, where every new business is a building block in our nation’s extraordinary success story.”

He noted that the UAE’s real estate market contributes 5.5% to the national gross domestic product (GDP), fueling a dynamic wave of growth that reshapes the national economy.

Smart Zone aims to empower entrepreneurs with exceptional services and solutions, including company formation, tax and accounting support, marketing, and concierge services.