Alliance-dubai.net - Newsletter – September, 2016.

News & Articles

Bank accounts in the UAE - documents requirements and compliance procedure

Bank accounts in the UAE - documents requirements and compliance procedure

September 2016

Bank accounts in the UAE - documents requirements and compliance procedure First of all we have to emphasize the fact that the documents, which the UAE banks require for account opening, are within the obligatory compliance and Know Your Customer procedure (KYC Procedure) which any and all banks are obliged to follow worldwide. Such requirements may vary from country to country in its particulars; however the main set of required documents is essentially the same in any bank. The main documents, if it is for a

Abu Dhabi Real Estate purchase on RAK ICC company

Abu Dhabi Real Estate purchase on RAK ICC company

September 2016

Abu Dhabi Real Estate purchase on RAK ICC company The real estate purchase in the UAE is the highly attractive investment in terms of its safety and investment returns.  When purchasing real estate in Abu Dhabi, it can be purchased on private name as well as on a name of a company. Perfect type of legal entity for such acquisition is the Ras Al Khaimah ICC Offshore company. Further down is the description of this type of legal entity and the details why it is highly practical for property purchase in the capital of

Starting a Business / Company in Dubai, the UAE

Starting a Business / Company in Dubai, the UAE

September 2016

Starting a Business / Company in Dubai, the UAE The aim of this overview is to outline the main features of starting a business in one of the most favorable places for entrepreneurship — Dubai, the UAE. The Government of the Emirate of Dubai works relentlessly to create attractive conditions for both small and large-scale companies. The pro-business legislation opens door to stable inflow of foreign investments. Prior of making a decision on starting a business in Dubai, research of the existing market should be done.

Emirati style

Emirati style

September 2016

Emirati style There is a saying, “It's not the gay coat that makes the gentleman”. That is true, but in some countries, clothes have a deeper meaning than just aesthetic one. In particular, in the UAE clothes have a deep sacred meaning. There are unique garments that are perfectly suited to local people due to their religious peculiarities, customs and weather conditions. Women’s and men's clothes differ not only in style, but also in colour: men are traditionally dressed in white, and women — in

Advantages and disadvantages of moving to Dubai, the UAE

Advantages and disadvantages of moving to Dubai, the UAE

September 2016

Advantages and disadvantages of moving to Dubai, the UAE The Emirate of Dubai, the UAE, is undoubtedly one of the most attractive places for living and doing business. It is the place where you can gain a unique experience. However, the way of life here differs from the one in many other countries. Therefore one, when moving to Dubai, should take into account the cultural specifics of the United Arab Emirates in general and Dubai in particular. The United Arab Emirates is a Muslim country with strict rules of

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