Owning a company in Dubai seems like a passport to the Elysian Fields of freedom to many. Freedom from taxes, freedom to trade anywhere. If you also visualize Utopia when it comes to doing business in Dubai, then let me enlighten you up that you are partly correct and partly incorrect. The carte blanche given
The commercial capital of the United Arab Emirates, Dubai springs up first when a foreigner entrepreneur like you thinks of establishing a new company or expanding the existing business abroad. Home to world’s tallest 828-metres-high “Burj Khalifa”, the “city of many superlatives and firsts” is the first choice of most investors the world over. The
Your family means the world to you and no matter which corner of the universe your dream takes you, living your dream sans the loved ones by your side, rain or shine, seems like something is missing. What if the country you are residing in for work welcomes your close ones too to the country?!
A Quick Recap Free zones are certain set geographic areas with security measures in place to watch the movement of goods and people. VAT applies throughout the UAE but not designated free zones, a specific area assigned to be outside the UAE for Value Added Tax (VAT) purposes. According to the document published by the
The Arab world gives a holler to the extraordinarily skilled people from the world over to work and live in the UAE with its brand new “Green Pass”. This new visa scheme is for those free birds who are highly skilled in their field of interest and pursuing employment opportunities in the UAE but not
YOLO! And we go to any length to make it better and happier. Because we all deserve that. Hundreds of thousands of people from the world over migrate to Dubai to give their family a better life than the one they are living in their own country. And if you think jaw-dropping sky-scraping structures, breath-taking
2022 is the last year for businesses in the UAE to enjoy their profits without sharing it a bit with the government in the form of taxes. After all, it’s “profit” they are all running their companies for. Because higher the business profits greater the success, positive sustainability and market share. But soon corporate tax
When you form your business, you choose a legal structure that checks all the boxes. However, the shareholder structure that seems most suitable for your business today may not meet your business needs tomorrow and you might decide to change shareholders upon review at any point of time. Being a responsible business owner, you have
Virtual or Real? The pandemic could keep consumers from coming out of their houses worldwide but not their money from their wallets. Thanks to e-commerce! But do you really think that the ebb and flow of pandemic waves will forever swallow up the brick-and-mortar stores? I think only when the hell freezes over. If this
After naming and registering your business in Dubai, your next step is securing a trade licence from the Department of Economic Development (DED), one of your most significant prerequisites to be eligible to start practicing business activities legally in the remunerative UAE market. To acquire the valuable trade licence in the chosen business activity, you
