Alliance-dubai.net - Newsletter - February , 2017

News & Articles

Restoring of the offshore and onshore companies in the UAE

Restoring of the offshore and onshore companies in the UAE

February 2017

Restoring of the offshore and onshore companies in the UAE There can be various situations when the company owner does not renew the registration of his legal entity, and the company becomes abandoned. In this case, the legal entity first gets the “dormant” status and, after a certain time, is strike off from the registry. Our present overview focuses on various situations related to the late renewal of companies, as well as possibilities and procedures for the restoring /reinstatement of the offshore and onshore legal

Offshore investments – advantages and limitations

Offshore investments – advantages and limitations

February 2017

Offshore investments – advantages and limitations Nowadays there are different attitudes towards offshore investing. The situation has worsened after the case of the so-called Panama Papers. The leaked documents on numerous shell companies have created an impression that all the offshore company investors are looking for obscure places to stash their illegal funds. However, in most cases, offshore investing is completely legal and carried by law-abiding citizens. Moreover, in spite of all the attempts of certain

Overview of the Dubai Properties law and regulations

Overview of the Dubai Properties law and regulations

February 2017

Overview of the Dubai Properties law and regulations UAE is the highly known international destination with close to 90% of the country’s residents being foreigners. It offers all types of properties for investment whereby foreigners can purchase such properties in their fill ownership. Before we get into the particulars of the overview on the laws and regulations related to Dubai Properties we need to outline its main featured. Purchasing a property in Dubai, UAE, has three main advantages. First – investment appeal of

Positive results of the UAE economy diversification plan

Positive results of the UAE economy diversification plan

February 2017

Positive results of the UAE economy diversification plan The UAE is firmly on its course for economy diversification. The Government has managed to turn a young Arabic country into the most influential player of the whole MENA region. In fact, the UAE keeps its economic growth momentum and makes a stable progress, which is vied for by neighbouring oil-producing countries. Large financial resources are further used for infrastructure development. All these results were achieved in an adverse environment of a weakening

Dubai: The Tower, tallest tower to be ready by 2020

Dubai: The Tower, tallest tower to be ready by 2020

February 2017

Dubai: The Tower, tallest tower to be ready by 2020 Dubai will obtain a new symbol of confidence and positivity. It will become the world’s tallest building called “The Tower”. Completion of the construction is expected before the Expo 2020. The complete costs of the project are $1 billion (3.67 billion AED). Santiago Calatrava, the famous Spanish-Swiss architect, have designed the never-before scale project and its implementation will strengthen the country’s leading position regarding architectural

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