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Practical use of companies in the UAE: Limited Liability Company (LLC)

Practical use of companies in the UAE: Limited Liability Company (LLC)

In many cases, registering a company in a free economic zone in the United Arab Emirates does not meet the requirements for a specific activity or business model. In such situations, the optimal – and often the only possible – solution is to register a local company on the UAE mainland as a Limited Liability Company (LLC)...

Authors: Alliance Business AdvisorsRead more
Company registration procedure in Dubai free zones

Company registration procedure in Dubai free zones

The purpose of this overview is to provide a detailed description of the procedure for registering companies in Dubai's free economic zones. First of all, it is important to note that there is no separate legal entity called the “Dubai free economic zone...

Authors: Alliance Business AdvisorsRead more
Bank accounts in the UAE: document requirements and compliance procedures

Bank accounts in the UAE: document requirements and compliance procedures

General principles of banking compliance in the UAE When opening bank accounts in the UAE, banks must comply with international client identification and risk management standards, including KYC (Know Your Customer), AML (Anti-Money Laundering), and CTF (Counter-Terrorist Financing) procedures. These requirements are mandatory for banks worldwide and are governed by both national and international regulations...

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Acquisition of Real Estate in Abu Dhabi in the Name of an RAK ICC Company

Acquisition of Real Estate in Abu Dhabi in the Name of an RAK ICC Company

Investing in real estate in the UAE is traditionally regarded as one of the most reliable and transparent ways to preserve and grow capital. The acquisition of real estate in Abu Dhabi is permitted in the name of an individual or a legal entity, provided the applicable regulatory requirements are met...

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Starting a business/company in Dubai, UAE

Starting a business/company in Dubai, UAE

The purpose of this overview is to describe the key aspects of starting a business in the Emirate of Dubai, United Arab Emirates – one of the most attractive and business-friendly regions in the world. For many years, the Government of Dubai has consistently fostered a favorable business environment for both small and medium-sized enterprises and large international companies...

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