News & Articles
Registering Company for Export-Import Operations in the UAE - What You Need to Know
Registering Company for Export-Import Operations in the UAE - What You Need to Know People in business from all over the world, choosing a place to register a company, prefer to choose the FTZs / FEZs in the UAE, and there are some clear reasons for that. Firstly, there are many free economic zones in the country offering very favorable tax and customs conditions for legal entities registered here; secondly, the developed infrastructure promotes the growth and development of companies, and thirdly, bureaucratic procedures are
What is a "tax resident" and what are the advantages of changing this status
What is a "tax resident" and what are the advantages of changing this status First, we'll find out who the "tax resident" is. The tax resident means that person (both physical and legal) belongs to a tax system of a certain country. By default, a person is a tax resident of his/her home country. There are a number of reasons why many successful entrepreneurs change their tax residency. The article examines the possibilities of changing the tax residence over to international programs for attracting investments and obtaining
Registration of a Family Trust in UAE - the Advantages Provided by this Structure
Registration of a Family Trust in UAE - the Advantages Provided by this Structure Many entrepreneurs who want to ensure their capital protection decide to register a family fund in Dubai, the UAE. With such legal entity, a businessperson can count on continuity of assets when applying this decision. In Dubai, among others, there is a free zone which offers the possibility of registering a family fund. This free zone is called the "International Financial Center of Dubai" (DIFC). The UAE Prime Minister, Sheikh Mohammed bin
Audit and tax reporting in Dubai, United Arab Emirates
Audit and tax reporting in Dubai, United Arab Emirates It should be noted that the conditions for doing business in the UAE are among the most favorable in the world - there are practically no taxes and export/import duties (when goods are moving in free economic zones), bureaucratic procedures are minimized, and the audit procedure and accounting reporting are strongly simplified in comparison with other countries. But still, there are certain requirements for financial reporting and audit for onshore companies (no
Rapid Tourism Growth in Dubai, UAE -Increase in the Number of Hotel Rooms in the Emirate
Rapid Tourism Growth in Dubai, UAE - Increase in the Number of Hotel Rooms in the Emirate By the end of 2019, the number of hotel rooms in Dubai will significantly increase. It is expected that the number will reach 132 thousand units. Tourism is one of the most dynamically developing industries in the UAE. The country makes a lot of efforts to make the Emirates to be the attractive destination for travel and stimulate the tourism growth. The hospitality sector will continue to grow. According to the latest research of the
Business news of Dubai and other Emirates of the UAE.
In this section of our web site we regularly prepare and publish our own articles and reviews related to various news in the United Arab Emirates. These business news are dedicated primary to the economy of the country as well as the opportunities the UAE offers for local and international business.
In this section of Dubai business news you can regularly receive interesting and valuable information. Each of our monthly issues has at least 2 articles related to legal aspects of corporate law – how it is possible to register company in the United Arab Emirates and of which type, what are the available advantages for various business types, etc.
Business news also includes the reviews of the largest projects being in implementation in Dubai, UAE. Such projects can give an impulse for business-idea and development of your own enterprise.
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