TGR Partners is pleased to announce that it has become a member and supporting partner of the Young Business Club Dubai as it embarks on its first expansion in the United Arab Emirates. As the world’s first international club of entrepreneurs, the Young Business Club aims to connect promising Russian-speaking business leaders to like-minded partners and mentors, a mission fully supported by TGR Partners. Since being founded in 2016, YBC has achieved a track record of successfully driving impact and scaling business opportunities for its nearly 2000 members across 21 hubs worldwide.
The grand opening of YBC Dubai on March 22, was attended by over 350 entrepreneurs, including Mr. Georgy Rossi, founder of TGR Partners, and Miss Elena Chirkinyan, Head of Financial Concierge Services at TGR Partners. During the event, TGR Partners reinforced its commitment toward embarking on a long-standing and fruitful collaboration with YBC Dubai, as well as promoting future joint projects in the financial services sphere. By engaging in this new partnership in Dubai, one of Middle East’s most strategic locations, TGR Partners will work in close cooperation with YBC to provide a unique platform of networking, guidance and business synergy to its partners in an environment of absolute trust and goal sharing.
There are currently over 30 free-trade zones in Dubai, which offer wide-ranging tax concessions and customs duty benefits to expatriate investors as well as other benefits such as allowing 100% foreign ownership of companies, 100% repatriation of capital and profits, and no personal income taxes. This makes the city an alluring prospect for aspiring businesses and established entrepreneurs alike, and an ambitious opportunity for TGR to seek new partnerships and facilitate business for its clients.
Even before its opening, YBC Dubai had already attracted 30 new members adding to an extensive global network and achieving $ 2.8 million in combined investments made between members so far.
YBC Dubai follows a structured membership application process where business owners under the age of 40 and with an annual turnover of over one million AED ($ 270.000) are welcomed to apply, followed by an assessment period which includes a meeting with the club’s manager and an introduction to existing members. Upon being accepted, Young Business Club participants can benefit from a wide range of opportunities from peer-to-peer meetings and company excursions to personal introductions, online brainstorming sessions and requesting a personal business assistant.
Dubai is and will continue to be of the most significant and attractive markets for TGR Partners as it aims to continue developing its presence in the region.