The UAE government has broadcasted that foreign nationals would be allowed to own 100 percent of commercial companies within the country, eliminating the need for a UAE National to hold the majority share. The amended legislation came into effect 1 June 2021 . The new rule is anticipated to bring about a fundamental change in…
Starting a company and operating the company successfully is always a task. But if you have the right human resources, supporting entrepreneurial system, proper infrastructure facilities, right mentorship, consulting firms, the right marketplace, investors a friendly banking system, your job is half done. This blog discusses the five key areas to focus on before opening…
Establishing business in UAE is an excellent way to legitimately book international profits without paying any tax. Besides, there are no capital gains or personal income taxes in UAE. Company formation in UAE is a reputable, regulated and international trading solution. It is appropriate to use as holding or investment company, and is an excellent,…
The foreign branch in UAE is basically an extension of the mother company incorporated in another country. This is an advisable option for international companies that want to expand their activities and penetrate their brand name in UAE . The branch must have the same business activities as the parent company, it cannot perform different business activities.…
Starting a business sounds like great idea, but it is not something quite easy in any part of the world. Establishing a business really can take lot of effort, time and money and investors have to be really sure about making the right decisions at the right time, to ensure that they are not losing…
Dubai has become the commercial hub of the world and they did it in record time. Skyscrapers came out of nowhere; their streets are sprawled with flashy sporty cars clearly showing the economic boom in their country. The city has become a place that everyone wants to go to, be it for holiday, shopping and…
As Dubai runs the most successful and favorable economy in the Gulf countries, it is no surprise that more and more people are setting up a Business in Dubai. Favoring economic diversification, Dubai takes foreign investment very seriously and as such, this emirate is continuously trying to encourage investors by improving investment laws ranging from…
Introduction To Ajman Offshore, JAFZA Offshore, RAK Offshore Business Setup Company Dubai has risen to be one of the top destination for business. Today, business owners across the world have a unique attraction in opening a business in Dubai. In this article, Nex Consultants would examine the open doors that exist in UAE and an…