IN UAE, 18 IS A GOOD TIME TO START A BUSINESS: In business, start younger – that’s the message the UAE has delivered with cutting the age at which a citizen or resident can launch an enterprise to 18 years from 21. This is enshrined in the updated UAE Commercial Transaction Law, which paves the way for anyone turning 18 to consider getting into the family business, launch a company of his/her own, or do any of the things that only 21-year olds and above could have done just weeks ago. This way, the UAE is not just giving the canvas to the young to start early, but opening up all sorts of options to pick from. Why let genuine talent wait three more years to turn 21 when they could get going at 18? Indeed. (By Manoj Nair, Business Editor)
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