Doing Business is a Questions & Answers Platform for Entrepreneurs. Ask any business-related questions and get answers from experienced businessmen from all over the world. Answer questions from others and earn money.
Doing Business is a Questions & Answers Platform for Entrepreneurs. Ask any business-related questions and get answers from experienced businessmen from all over the world. Answer questions from others and earn money.
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Declaration of Conformity in CE marking
A declaration of conformity is a formal document where the manufacturer of a product or his representative declares that the particular product meets or is in compliance with all the relevant requirements as per the EU directives and regulations that apply to the product. Therefore, a declaration ofRead more
A declaration of conformity is a formal document where the manufacturer of a product or his representative declares that the particular product meets or is in compliance with all the relevant requirements as per the EU directives and regulations that apply to the product. Therefore, a declaration of conformity shows that the design and construction of the product in question are in line with the essential requirements. However, this document is not a guarantee of quality and safety. Notably, the product must undergo a conformity assessment process before it gets the CE marking for it to be sold in the European Union.
See lessFree Zones in the UAE
Below are examples of free zones in the UAE you can use for various types of businesses; Dubai CommerCity Meydan Free Zone Dubai World Trade Center Fujairah Creative City Umm Al Quwain Free Trade Zone Jumeirah Lakes Towers Ras Al Khaimah Economic Zone Dubai International Academic City Dubai ProductiRead more
Below are examples of free zones in the UAE you can use for various types of businesses;
- Dubai CommerCity
- Meydan Free Zone
- Dubai World Trade Center
- Fujairah Creative City
- Umm Al Quwain Free Trade Zone
- Jumeirah Lakes Towers
- Ras Al Khaimah Economic Zone
- Dubai International Academic City
- Dubai Production City
- Sharjah Publishing City
- Dubai Outsource City
- Dubai Media City
- Dubai Maritime City Authority
- Dubai Healthcare City
- Higher Corporation for Specialized Economic Zones (ZonesCorp)
- Dubai Design District
- Dubai Auto Zone
- Dubai Multi Commodities Centre (DMCC)
- Masdar City Free Zone
- Industrial City of Abu Dhabi (ICAD)
- Dubai Industrial City (DIC)
- Abu Dhabi Global Markets (ADGM)
- Khalifa Industrial Zone Abu Dhabi (KIZAD)
- Dubai Airport Free Zone (DAFZ)
- Twofour54
- Dubai Flower Center
- Dubai Gold and Diamond Park
See lessRent a company Payments
Entrepreneurs can utilize existing businesses provided by Rent-a-company service for invoicing their clients, to receive their payments as well as making payments to their suppliers. The outgoing payments in rent-a-company service must first undergo the approval process which is done by the bank. ThRead more
Entrepreneurs can utilize existing businesses provided by Rent-a-company service for invoicing their clients, to receive their payments as well as making payments to their suppliers. The outgoing payments in rent-a-company service must first undergo the approval process which is done by the bank. This can take a couple of hours. Remember, the outgoing payment can either be approved or not. If the payment is approved, it is processed on that very day or the next working day, especially if they are SEPA payments. On the other hand, international payments can take up to 1 to 2 days more to be processed.
See lessBest banks for business in Germany
As a foreigner, Germany is a great country for starting a business. Notably, it is important to separate your personal bank account from the business bank account right from the beginning. So, what are the best banks to open a business account with? Below are some of the banks you can open for yourRead more
As a foreigner, Germany is a great country for starting a business. Notably, it is important to separate your personal bank account from the business bank account right from the beginning. So, what are the best banks to open a business account with? Below are some of the banks you can open for your business.
Notably, these banks have varying advantages, and ensure you are aware of this before choosing one for your business. Remember, Bank.pro is here to help you conveniently open that business bank account without the need for your physical presence.
See lessCE marked product
CE marking of products is very crucial for manufacturers and sellers in the European Economic Area (EEA) the marking shows that the specific product has undergone the necessary assessment and meets the safety, health, and environmental requirements of the EU. You can tell that a product is CE markedRead more
CE marking of products is very crucial for manufacturers and sellers in the European Economic Area (EEA) the marking shows that the specific product has undergone the necessary assessment and meets the safety, health, and environmental requirements of the EU. You can tell that a product is CE marked by checking for the letters “CE” that appear on products that have undergone this process. Notably, there is a document that certifies that the product complies with applicable directives; Declaration of conformity. The manufacturer is under legal obligation to establish this document. After all, it is needed by the authorities at the EU points of entry.
See lessAttorney infact and legal attorney
An attorney-in-fact is an agent in a power of attorney document. This person has the authority to act on behalf of the principal in matters of official transactions e.g. health, business, and finances. On the other hand, a legal attorney is a professional authorized to practice law. Nonetheless, anRead more
An attorney-in-fact is an agent in a power of attorney document. This person has the authority to act on behalf of the principal in matters of official transactions e.g. health, business, and finances. On the other hand, a legal attorney is a professional authorized to practice law. Nonetheless, an attorney-in-fact doesn’t necessarily need special qualifications. This person can be a close family member or friend. This is contrary to a legal attorney who is a professional required by law to meet certain qualifications and certifications. A legal attorney can prosecute and defend actions in front of a court of law while an attorney in fact acts with respect to the desires, wishes and values of the principal.
See lessCE certification
Most products require CE marking to be sold in the EU. This marking is proof that the particular product has undergone assessment and complies with the health, safety, and environmental protection requirements. Therefore, as a manufacturer, ensure your products are as per the necessary requirementsRead more
Most products require CE marking to be sold in the EU. This marking is proof that the particular product has undergone assessment and complies with the health, safety, and environmental protection requirements. Therefore, as a manufacturer, ensure your products are as per the necessary requirements before you get the CE marking. For instance, if you manufacture medical or electronic devices, you need the CE mark to ensure the devices sell in countries in the European Economic Area (EEA). Notably, once the components of the products are certified, you may still need certification for the overall device. After all, when two or more systems that are already CE-marked may not automatically result in a compliant device.
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