Virtuzone founder: “We’re setting up about 500 companies a month in the UAE” GULF BUSINESS June 24, 2024 Neil Petch is the founder and chairman of a company that many entrepreneurs in the UAE will be familiar with: Virtuzone. After seeing a gap in the market more than 15 years ago, Petch and his co-founder Geoff Rapp took a plunge with creating a business that would help other businesses register licences faster and more efficiently in the UAE. Since then, Virtuzone has grown by incredible leaps and bounds, with it now helping around 500 companies every month with securing their licences. In this regard, Virtuzone is playing a vital role in bolstering the SME sector in the Emirates, and helping the country expand its economy. As Petch explains in this interview, the UAE is one of the best places in the world right now to start a business. With an economy that is set to grow by more than 4 per cent this year, according to World Bank forecasts, and a continuous liberalisation of business laws here; it’s easy to agree with Petch. Here is a full video interview with Petch. Read: Virtuzone founder: “We’re setting up about 500 companies a month in the UAE”