Dubai has been known for its thriving economy and market-friendly atmosphere. There are several skills and businesses which are the most profitable businesses in Dubai. To achieve profitability the entity needs to register company in Dubai. The business environment of Dubai offers a wide range of opportunities for business owners and investors to execute a...
A limited liability company is one of the common forms of business which is executed in Dubai at large. The LLC company formation in Dubai consists of a minimum of 2 to a maximum of 50 shareholders who will be sharing limited liability according to their shares in the company. The company law in Dubai...
Dubai, the financial center of the United Arab Emirates, is emerging as a popular destination for virtual asset businesses. Its rapid transformation over the past decade can be attributed to its advantageous location, business-friendly atmosphere, modern infrastructure, and commitment to technological innovation. Dubai’s location at the intersection of Asia, Europe, and Africa offers access to...
Dubai’s Virtual Asset Regulatory Authority (VARA) recently unveiled the Virtual Assets and Related Activities Regulations 2023, which aims to establish a comprehensive framework for virtual assets (VAs). This framework is based on principles of economic sustainability and cross-border financial security. The United Arab Emirates (UAE) is fully committed to facilitating these drivers while updating its...
The Dubai cryptocurrency license is a legal framework established by the Dubai Multi Commodities Centre (DMCC) and the Dubai Financial Services Authority (DFSA) to regulate cryptocurrency businesses in Dubai. The license was introduced in 2020, following the growing interest in cryptocurrencies and blockchain technology in the region. The cryptocurrency license is designed to ensure that...
Administered by the Fujairah Free Zone Authority (FFZA), the Fujairah Free Zone (FFZ) is a special economic zone which is located in the Fujairah region. Companies that are set up in this Free Zone enjoy numerous benefits including zero corporate taxes, 100% repatriation of capital and profits, exemption from import and export duties, provision of...
If you are looking for greater confidentiality and more tax benefits, Dubai is the ideal place for you. Not only does Dubai offer zero corporate taxes, but it also has double taxation treaties with numerous countries to protect companies from the risk of double taxation. Although Dubai is growing in reputation as a tax haven...
Dubai has one of the fastest-growing economies. For this reason, it may be beneficial for your business to have a branch office in Dubai. A branch office is one where the parent company sets up another business in a different country, in this case Dubai, such that the branch is fully owned by and can...
If you intend to set up your business in Dubai, there are multiple factors you need to keep in mind. Firstly, you need to decide whether you wish to set up your business in the mainland or one of the Free Zones in Dubai. Secondly, you need to understand the industry of your business. Lastly,...
If you are looking to expand into the Middle East region, offshore company registration in Dubai offers a plethora of advantages for entrepreneurs. The UAE was ranked 9th in the IMD World Competitiveness Yearbook 2020 for its tax system and efficiency. With a growing economy, strong infrastructure and low tax rates, and paired with the...
