Starting a new business venture in another country is a challenge in itself, but when you combine this with complex and changing restrictions, rules and regulations, it can become a real headache. Businesses today don’t just need a consultant, they need a partner who can guide them through every step of the process.
Named one of the ‘The Most Admired Companies to watch in 2021’ by the Business Fame Magazine, Business Incorporation Zone (BIZ) is more than a consultancy – it’s a business partner for all.
The company
Basma Ashry is the Head of Revenue for Business Incorporation Zone (BIZ). Founded in 2015, BIZ aims to help aspiring entrepreneurs meet the fast-changing demands of the UAE’s business environment with more adaptable solutions.
“We help people with business setup and company formation in the UAE.”
BIZ has helped many aspiring business owners and entrepreneurs inject passion and determination into their businesses, transforming them from ideas into reality. Offering Dubai mainland and multiple free zone licenses across a wide portfolio, we provide personalized packages that are tailored to clients according to their specific requirements.
As demands for business support services accelerate, BIZ has also established a dedicated concierge department that offers VAT registration, corporate bank account opening, website development, along with other value-added services. In short, we can help you untangle any issue as your business finds its footing in the UAE.
Whether you’re encountering difficulties with the government liaison services or finding it tricky to make a mark in the competitive environment, BIZ is here to help you to jump all the hoops and establish your operations in the region.
BIZ stands for new beginnings. Our team prides itself on giving clients the best possible start to their business and providing all-around support right up until the end of the process. We prioritize close relationships between clients and stakeholders too.
“We reinvent our future every day by listening to our customers’ wants and needs. I see us continuing to grow our operations and diversifying our supply chain so that we can become even more nimble and reactive to the market. That’s a key differentiator for us.”
The journey so far
Over the past year, BIZ has onboarded close to 4,000 clients and is set to exceed its targets too. In 2020, the Department of Economic Development awarded the company a certificate of appreciation and in 2019 the business was billed as one of the ‘top ten most promising business providers’ by Corporate Business Service Provided. As we approach the fourth quarter, which will feature the eagerly anticipated Dubai Expo 2020, our team is excited to drive further success.
“Our goal is to enhance the online customer experience through the introduction of digital processes.”
BIZ offers flexible payment options and creates personalized packages that help our customers unleash their entrepreneurial spirit. The past year and a half has posed challenges for everyone, but the pandemic has spurred a few positive developments too. It acted as a catalyst for us to re-organize internal processes more efficiently and also – and more importantly – made us closer to our customers. Our customers’ needs are our priority, and our team is constantly looking for new way solutions to help them start to run their businesses as effectively as possible.
The industry and its advantages
“We are very excited about the new developments in our industry and look forward to working collaboratively with our customers to provide answers to the many new challenges confronting them.”
As a pioneer in the UAE’s business setup landscape, BIZ has witnessed Dubai’s evolution as a start-up hub. It has seen how it has navigated various stages of growth and how it is hurtling towards an even more successful future. The UAE has launched several innovations to help propel growth in the start-up ecosystem. These include establishing free zones, robust infrastructure, strong legislative frameworks and pushing the boundaries of innovation by creating a nurturing ecosystem. Dubai has built an infrastructure and a lifestyle like nowhere else in the world, with a diverse and highly skilled workforce, a large pool of funding, and an unrivalled quality of life – but there are still certain limitations. That’s where companies such as BIZ step in, to help customers navigate a complex route and provide valuable advice along the way.
Basma Ashry – leading the way
Basma’s journey to BIZ began in banking and then in telecommunications, but she has always aspired to help people with their businesses, in any way possible. She is motivated by a desire to help people establish a happy, successful business. She has now worked with BIZ for the past three years and has assisted multiple clients with BIZ’s portfolio of services, and trebled the company’s revenue in the past year.
Her leadership style hinges around trying new things and taking big chances. Mistakes are inevitable and we all make them throughout our careers. For her, it’s about treating errors as a steppingstone to something greater – and not only learning from it herself but also using it to inspire the whole team. From her experience, acknowledging a mistake earns you the respect of those you lead and humanizes your leadership, helping you build trust.
Her Advice to the Budding Entrepreneurs-
“My advice to budding entrepreneurs is to take care of the customer first, make a great product, and the profits will follow. Leveraging the time, you have is one of the most fundamental strategies for success and increased productivity. Make time for yourself to learn things so you are armed with a strong skill set. Upskilling in these times has become essential to growth and stability.”
Headquarter In: Al Barsha, Dubai
Founded in Year: 2016
Employees Headcount: 50
Your Tagline/Quote: “Your Hands on Business Partner”