Tag - Company setup in Dubai

Tickets for Expo 2020 Dubai will go on sale for the general public in April 2020

Tickets prices have been announced for the six-month Expo 2020 that will begin in Dubai in 2020. A single-day ticket for an adult (aged 18 and above) will cost Dhs120, whereas a 3 day pass – which can be used on any three days during the 173 days of the event – will be priced at Dhs260. Children aged 5 and younger, as well as seniors aged 65 and older are not required to pay for ticket, they have free entry. [...]

All About Setting Up a Branch Office in Dubai

A foreign entity planning to start their business in Dubai must decide on whether they wish to do a new business registration Dubai or a branch office. A foreign entity can open an 100% owned branch office in Dubai or the UAE but must have a service agent who is a UAE National or sponsor who will be paid every year and who will help in communications with the government directly to sign the relevant documents. Steps Involved in Setting up [...]

Smart Dubai: An engine driving the cities of the future

The paradigm has shifted. The world is accelerating. The science fiction of yesterday is rapidly becoming the scientific reality of right now. How do we withstand the tectonic shifts in the world around us? How does a society thrive where the world economy is undergoing constant disruption? How do we continue to work when information is moving at the speed of light? There are places that are ahead of the curve. The city is building the tools for tomorrow. They [...]

Smart Dubai: An engine driving the cities of the future

The paradigm has shifted. The world is accelerating. The science fiction of yesterday is rapidly becoming the scientific reality of right now. How do we withstand the tectonic shifts in the world around us? How does a society thrive where the world economy is undergoing constant disruption? How do we continue to work when information is moving at the speed of light? There are places that are ahead of the curve. The city is building the tools for tomorrow. They [...]

Capitalizing on your skills is the best way to bring success to your business

Business setup in Dubai is challenging even if you have a great idea. Having you own business in Dubai is a rewarding struggle. Daily issues come up which may be unexpected, be it regulations, be it customer issues, be it employees you have, be it family. Tackling different aspects of business sometimes drains you and can drive you out of focus. In this article, we will give you some top tips on how to bring success to your business in [...]

Dubai SME payment acceleration will bolster business and economy

The government of Dubai has announced plans to shorten payment cycles to small and medium sized enterprises (SMEs) operating in Dubai in a move that experts say will help boost the liquidity and economic activity in the emirate. According to UAE’s state-run WAM news agency, Dubai plans to expedite government payments to small and medium-sized companies. The government will pay SMEs within 30 days instead of 90 days. According to the report, this measure will result in approximately Dh1.6 billion ($435 [...]

ICO Regulations in the UAE in 2019 Focus on Security and Innovation

The Securities and Commodities Authority (SCA), the United Arab Emirates (UAE) financial regulator, is set to introduce regulations for initial coin offering (ICO) in the country by the end of the first half of 2019; a move intended to provide companies another way to raise capital through crowd funding. What are ICOs? ICOs are the cryptocurrency version of an initial public offering, where companies go public and sell shares to individual investors. With ICOs, investors buy units of a cryptocurrency and [...]

100% ownership is possible in Mainland professional company

Local ownership restrictions for a long time have been the number one issue that leaves foreign entrepreneurs in UAE scratching their heads. Traditionally 100% foreign ownership was only possible under two circumstances. First when setting up in a UAE free zone or second when establishing professional services company. But that’s not the case anymore. A law allowing 100% foreign ownership of companies in the UAE was announced in 2018 and is now in force. Previously oversees entrepreneurs wishing to setup [...]

Dubai’s new incentives package includes five initiatives to support SMEs

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai directed the government to focus on simplifying the procedures of conducting business in Dubai and reduce the costs for companies by utilizing all the possible resources, in order to facilitate the economic accomplishments. Under this directive, emirates department of finance rolled out five initiatives with the objective to support small and medium sized enterprises (SMEs) and public private partnerships (PPP). According to [...]

UAE Quickly Emerging As a Preferred Investment Destination

Is it your turn to consider investing in UAE? UAE, home to the tallest, largest and the iconic projects, an inspiration for life and lifestyles, an investment destination that is unparalleled to anywhere in the world and a place that many call their home; take a look at the top reasons why investors choose UAE over other countries. 1. UAE is a very rich country First of all, UAE is one of the richest countries in the world. According to Fortune 2017 [...]

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