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Good to Know

Navigating through 2024: Trends and Updates in the UAE Banking Sector

Good to Know 22 November 2024 Marsel Shadmanov

The UAE banking sector is undergoing a significant transformation, driven by the rise of digital banking. Offering unmatched convenience and accessibility, especially for expats, digital banking is now at the forefront of financial innovation. Banks are leveraging AI, blockchain, and other cutting-edge technologies to meet growing customer expectations.

However, with these advancements come challenges: the digital divide, lack of personal interaction, and reliance on technology require banks to strike a balance between innovation and customer needs.

Curious to learn more about how digital banking is reshaping the UAE’s financial landscape? Read the full article!

How to Optimize Tax Liabilities through Corporate Restructuring in the UAE

Good to Know 29 October 2024 Marsel Shadmanov

With the recent introduction of corporate tax, companies are met with both new challenges and unique opportunities! A well-structured business—from choosing the right Free Zone to efficient asset management—can significantly ease tax burdens. Discover how strategic restructuring enhances tax efficiency and strengthens the foundation for sustainable growth.

Scrutinizing AML and CFT Policies in the UAE: Ensuring Compliance and Enhancing Financial Integrity

Good to Know 8 October 2024 Marsel Shadmanov

The UAE continues to strengthen its measures to combat money laundering (AML) and counter-terrorism financing (CFT). New legislative initiatives require organizations to actively monitor and comply with stringent standards. In this article, we discuss key compliance requirements, the risks of non-compliance, and the latest technological solutions that help enhance financial transparency. Learn how to protect your business and meet international standards.

Why choose a Mainland company over a Free Zone entity?

Good to Know 27 September 2024 Marsel Shadmanov

When setting up a business in the UAE, the choice between mainland and free zone often arises. Mainland companies in Dubai offer key advantages such as unlimited access to the local market, flexibility in office location, and a more flexible resident visa quota system. For businesses aiming for long-term growth and a strong presence in the UAE, a mainland setup is a strategic choice.

Advantages of Setting Up a Business in Dubai Free Zones

Good to Know 10 September 2024 Marsel Shadmanov

Dubai’s free zones offer significant benefits for international companies, including:

Tax incentives: Designated Zones provide corporate tax and customs duty exemptions for qualifying activities.
Access to global markets: Free zones simplify international trade and allow the UAE to be used as a logistics hub without immediate tax liabilities.
Efficient administrative processes: Streamlined procedures via online portals make business management easy and remote-friendly.
Flexible real estate options: Zones like DMCC and DSO offer competitive leasing terms, reducing costs for office and warehouse space.

Learn more in our article!