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January 31, 2024
Is a local partner mandatory to start a business in the UAE?
Is a local partner mandatory to start a business in the UAE? : In Dubai & the rest of the UAE it is legally required to have a local partner (UAE national) for entrepreneurs and SMEs looking to invest in a Mainland company or LLC company for the first time. The local partner should hold…
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January 31, 2024
Why is Dubai a popular choice for a low-cost Business Setup?
Dubai, a city that needs no introduction, has become a go-to destination for entrepreneurs seeking a low-cost business setup. The allure of this dynamic metropolis extends far beyond its iconic skyline and luxury lifestyle. In this article, we explore the reasons behind Dubai’s popularity among business enthusiasts looking for an affordable and thriving environment to…
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January 29, 2024
Mainland vs. Free Zone Company Formation in Dubai
MAINLAND COMPANY An LLC (Limited Liability Company) is the earliest and most commonly known structure in the global marketplace. LLCs are limited by their shares and are defined by the liabilities of the company. In order to form an LLC, a minimum of 2 to a maximum of 50 shareholders is necessary. In order to…
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January 29, 2024
Free Zones for industrial Setup in Oman
Free Zones for industrial Setup in Oman : There are four free zones for industries in the Sultanate of Oman. Each zone focuses on the development of different business areas and investments. These zones permit all industrial activities like import of raw materials, processing, assembly and packaging, export of finished goods, storage and warehousing of…
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January 25, 2024
Reasons to Set-up a Business in Oman
Business Setup in Oman : Oman, has been a favourite choice for investment by international investors for a long time now. It is unique in that it shares borders with 5 other countries, namely, Yemen, Iran, Saudi Arabia, Pakistan, and the UAE. It is an Arab country and its capital is Muscat. Geographically, it falls…
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January 25, 2024
Economic Substance Rules – Its affect on UAE business owners
The UAE government in April 2019 had introduced Economic Substance Rules. Companies, both free zone and onshore based ones carrying out relevant activities and registered within the country are active and investing in the country are to abide by the new laws. Rules had been introduced besides international scrutiny with regards to non-domiciled directors who…
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January 24, 2024
How to Register a Foreign Company in Dubai
Setting up a business in Dubai has become an increasingly attractive prospect for foreign entrepreneurs seeking to tap into the flourishing Middle Eastern market. With its strategic location, robust economy, and business-friendly environment, Dubai offers a plethora of opportunities for international companies. This article will guide you through the essential steps on how a foreign…
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January 22, 2024
How do I Incorporate a Company in Dubai?
Are you considering establishing your business in the vibrant and business-friendly city of Dubai? Incorporating a company in Dubai can be a rewarding venture, thanks to its strategic location, robust infrastructure, and favorable business environment. In this comprehensive guide, we will walk you through the essential steps to successfully set up your business in Dubai,…
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January 18, 2024
How to Register a Company in Dubai Mainland with Full-Foreign Ownership
Originally posted 2021-09-29 05:08:13.
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January 18, 2024
Ways to Open a Corporate Business Account in Dubai
To maintain an accurate financial record of your business you must have a separate bank account to manage the funds. The corporate bank account must be used for tracking the money that is to be paid for creditors, to manage the cash balance, create profit and loss statements of the funds owed to the business…
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