Alliance-dubai.net - Newsletter - October, 2018

News & Articles

Top 10 questions to answer before you decide to open a company in the UAE

Top 10 questions to answer before you decide to open a company in the UAE

October 2018

Top 10 questions to answer before you decide to open a company in the UAE As the company with years and years of experience on the UAE corporate services market, we have put together the 10 most common questions which shall be answered when you decide to register / open a company in the UAE Why I need the company? What we mean is that you need to clearly identify the purpose of the company. As there are various company types in the UAE it is rather important to decide on the main purpose you have. For example, you need a

What if a bank in the UAE rejects to open an account for you?

What if a bank in the UAE rejects to open an account for you?

October 2018

What if a bank in the UAE rejects to open an account for you? The procedure for opening a bank account in the UAE is simple and straightforward, but what if, after all your efforts, a bank tell you the following: “Sorry, we cannot open an account for you in our bank.” Such situations are not typical here, but still, it may they happen. Banks have a standard well-established process for evaluating potential customers and associated risks, and if your profile for any reason causes doubts in the bank, they have the right not

Online registration of companies in the UAE

Online registration of companies in the UAE

October 2018

Online registration of companies in the UAE In this article, we consider the online registration of companies in the UAE, since potential investors often look for the possibility to open a company remotely and quickly. Also, existing professional law companies outside the UAE that provide corporate services often request information on the details of existing companies in the UAE from registration agents registered in the UAE. One of the most important factors of the impossibility of remote registering, as well as obtaining

UAE Authorities Expand Revenues with the Help of VAT

UAE Authorities Expand Revenues with the Help of VAT

October 2018

UAE Authorities Expand Revenues with the Help of VAT The beginning of 2018 was marked by an important event for the economy of the UAE – the introduction of the VAT. 5% VAT was introduced by the government to diversify revenues and to reduce the potential negative impact of the shock of oil prices. All GCC countries have discussed the introduction of VAT but only one of them, Saudi Arabia, has made the change along with the UAE. VAT is uniform for all kinds of companies. About 75% percent of all enterprises have already

Autonomous shopping trolleys – smart technologies in the mall

Autonomous shopping trolleys – smart technologies in the mall

October 2018

Autonomous shopping trolleys – smart technologies in the mall The authorities of the UAE are not afraid to set ambitious goals. One of these is the Smart Technologies program, the main goal of which is to make the city of Dubai the most technologically advanced in the world by 2021. The Smart Technologies program was launched back in 2014, and within its framework, more than 500 projects are planned in the field of communication, public administration, infrastructure, transport, personal services, and other areas. No one

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