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100%foreign ownership in UAE

100% Foreign Ownership in UAE Mainland – What to Look for as a Global Investors?

The resolution passed by UAE Government stating 100% foreign ownership is largely welcomed by the foreign investors across the world who are looking to set their foot in the UAE market. Until now, for opening a Limited Liability Company in UAE there was a requirement of a UAE National to sponsor the company and own … Continue reading

Medical Devices Trading in UAE

How to Import and Sell Medical Devices in the UAE?

The Pharma and Medical Equipment industry is one of the fastest-growing sectors in Dubai. UAE has about 18 Multinational Companies in the Medical Devices business. The regional distribution network for Medical Devices and Pharma is very robust and extensive in Dubai. Export of Medical Devices from Dubai The top destinations of Medical Device exports from … Continue reading

VAT Registration in UAE

VAT Registration in UAE and its Implication on the Businesses

It’s been two years since the VAT is implemented in the UAE. VAT implementation is progressing in the right direction with more companies registering for VAT indicating a positive market scenario. The Federal Tax Authority (FTA) has stated that the number of businesses registered for VAT in the UAE has increased to 312,000 since 2018. … Continue reading

Low Tax Company Setup in UAE

How to increase your Tax Savings by Company Formation in the UAE – for Foreign Investors

Most of the overseas investors are choosing UAE for increasing tax savings. UAE only has a 5% Value Added Tax (VAT) and no other taxes. For Oil and Foreign banks, there is a Corporate Tax levied by the UAE Government. Why is Company Formation in UAE a Lucrative Option for Foreign Investors? Company formation in … Continue reading

Company Formation in Sharjah

Company Formation in Sharjah – A Glance at the Free Zones & Mainland Opportunities

Sharjah is one of the most dynamic and industry-first economies in the UAE. The revenue from businesses in Sharjah accounts for more than 45% of the Emirate’s GDP. Sharjah offers immense opportunities and business advantages to foreign investors. The easy access to some of the busiest ports of UAE and exceptional transport links makes it … Continue reading

Expo 2020 & Business in UAE

How are the Businesses in UAE getting ready for the Expo 2020?

New Company Formation in Dubai is on a spike with the Expo 2020 nearing. The Expo 2020 is to create significant economic growth in Dubai and will lead to rising business opportunities. The Expo 2020 will act as a platform for investors, start-ups, entrepreneurs, innovators, academicians, tourists to experience the latest advancements across the world … Continue reading

Professional License – UAE Freezones & Mainland

Professional License types are the most sought after license types in the UAE across the Free Zones and the Mainland. Professional License in UAE is easy to apply with minimum documentation and also has an advantage of 100% ownership by the foreign individual. Irrespective of whether you apply for the professional license in UAE Free … Continue reading

Company Formation in Dubai – Business License Types and Activities

The company formation and allied services in Dubai are gaining high traction over the years with more and more new company registrations initiated every year. The government of the UAE is constantly introducing entrepreneur-friendly policies like Long Term Residence Visa, reducing certain business setup fees, etc. UAE aims to drive its economy to greater heights … Continue reading

4 Countries with Low or No Income Taxes

A tax haven or Offshore jurisdiction offers minimal tax liability for the investors. Many multinational companies operating in the United States and Europe have their Offshore counterparts in a tax haven country. It is a legal tax-saving strategy many companies follow to avoid paying heavy taxes levied in their home countries. By shifting the base … Continue reading