As the name suggests, a Limited Liability Company or LLC has limited liability. In other words, the business partners are liable only to the extent of their financial participation in the company. When it comes to LLC company formation in UAE, the minimum number of shareholders required is two and the maximum number is 50. […]
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Dubai offers a host of advantages to entrepreneurs, and this is the reason why it is an important commercial hub that is now at par with the likes of Singapore, London and New York. start a business in Dubai is an uncomplicated affair that takes just a few days at most if all the documentation
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The first question you need to ask yourself is why. Sometimes it may make more sense to incorporate a company in the Cayman Islands, which has a reputation for being a tax haven; or the British Virgin Islands, where 40% of all offshore companies in the world happen to be. There is a right location
Setting Up an Offshore Company in the UAE: Things You Should Know Read More »
Dubai is a fast growing city that is geared towards commerce, just New York, London and Singapore. While the popular image is that the economy is driven by oil revenues, in reality the truth is that only 1% of Dubai’s GDP comes from oil. This is due to the foresight of Dubai’s rulers, who realized
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For starters, a good business setup consultant can provide you with all the information you need when it comes to company setup in Dubai or elsewhere in the United Arab Emirates. The costs of starting a business in Dubai or anywhere else in the United Arab Emirates are primarily determined by two factors – the
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In Dubai, there is essentially only one offshore company location, and that is the Jebel Ali Free Zone or JAFZA for short. The other offshore company location in the United Arab Emirates is the Ras Al Khaimah International Corporate Centre, which is commonly referred to as RAK Offshore. So if you are looking for an
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The concept of medical tourism is not new. The number of people seeking more affordable healthcare options in countries other than their own is increasing, and the paradigm shift is away from low-cost destinations to countries that have a robust healthcare system in place. Sometimes, this is not driven by costs, but by a shortage
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Getting an Influencer License in the UAE There is now a dedicated license for social media influencers in the United Arab Emirates. It has been introduced by the National Media Council, which oversees all media-related activities in the UAE. Simply put, if you make money off your social media posts – or intend to –
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The Federal Authority for Identity and Citizenship, which issues the Emirates ID, is currently in the process upgrading their system to roll out the next generation of passports and printed Emirates ID cards. Until then, those who have applied for renewal of their Emirates ID cards have been asked to use the digital version. A
Digital Emirates ID To Be Used Until New Cards Will Be Issued Read More »
Free zone companies have typically been restricted to their respective free zones. Earlier, if a free zone company wanted to have a presence on the mainland, it could either open a Branch Office; or it could register another business entity on the mainland. It was also necessary to submit an application to the respective Department
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