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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!
The Importance of Compliance with ESR, DNFBP, VAT, and CIT in the UAE
Good to Know 29 August 2024 Marsel Shadmanov
Why Compliance with ESR, DNFBP, VAT, and CIT Matters for Your Business in the UAE
As regulations in the UAE become increasingly stringent, adhering to key frameworks like ESR, DNFBP, VAT, and CIT is essential for business success. In our latest article, we discuss:
ESR: How maintaining substantial economic presence can help your company avoid penalties.
DNFBP: Why combating money laundering and terrorist financing is crucial for your reputation.
VAT & CIT: How proper tax compliance can prevent financial sanctions and strengthen your business position.
Learn how these regulations not only mitigate risks but also support your business growth. Find out more in our new article!
Difference Between Trusts and Foundations in the UAE
Good to Know 19 August 2024 Марсель Шадманов
The UAE has emerged as a prime destination for wealth management, offering sophisticated options like trusts and foundations for asset protection and estate planning. But what sets these two structures apart? While both aim to safeguard and manage assets, they differ significantly in legal framework, functionality, and purpose. Our article delves into the essential distinctions between trusts and foundations, exploring their unique advantages and how they are regulated in the UAE. This overview provides a clear understanding of the options available for managing your wealth in this dynamic environment.
Wage protection system integration in Dubai Free Zones
Good to Know 14 April 2023 Marsel Shadmanov
The Wage Protection System in the UAE became a part of the country’s labor law relations in 2009, aimed at transparent, and trustworthy relations between employers and employees. In line with the carving framework for the country's labor ecosystem, the government always strived to protect each employee's rights, working in the country.
Overview of fintech sector in the UAE
Good to Know 20 December 2022 Marsel Shadmanov
Dubai became an international hub for SMEs and start-ups worldwide, and fintech plays a significant role in the emergence of the Emirate in the international arena.
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