Setting up a business is a complex process that requires a competent approach, a well-thought-out plan and certain knowledge. However, there is a scheme that allows future entrepreneurs in the UAE to facilitate their own start. It is a franchising — the type of relationships between two independent business owners,
Holding company creation is one of the most common reasons for registering a company in the United Arab Emirates. That is due to the fact that the UAE offers a variety of advantages for holding companies: exemption from taxation (providing availability of a tax residence status), reliable protection of international assets and possibility of entering local exchanges.
The licence is not required if you are going to fish in the United Arab Emirates under the condition of turning to a specialized agency or a guide. If you want to arrange fishing independently, you must firstly obtain the UAE fishing licence.
The banking system of the Arab Emirates consists of the Central Bank and other local and foreign banking institutions. The Central Bank of the UAE performs key functions in the economy of the country and is a well-established financial structure.
Implementation of investment projects is a fairly common offshore solution. Its essence lies in the fact that the control over some share of assets is transferred to an offshore company.
Articles on business in the UAE
In the section "Articles on business in the UAE" you will find plenty of interesting and useful information relating to features, terms and prospects of doing business in Dubai and other Emirates.
We regularly publish informative articles relating to currently central and challenging matters relating to doing business in the United Arab Emirates. When reading them you will learn a lot of useful information that would be of great aid for the best success of your business.
What you need to know about doing business in UAE
Under the laws of the United Arab Emirates foreigners may set up a business by either of two options mentioned below. The first entails registration of own company in UAE, provided that more than half of the shares are owned by resident of the country, and the subscriber is the national of the United Arab Emirates. The second option for starting business in the UAE is more feasible for foreigners, as it allows to own 100% in company business. This option entails registration of a company in any of Free Trade Zones in the UAE.
Out articles regarding business will give you more than an idea of the easiest and cost-effective ways for registering business in the UAE. You will also know the optimal way for registering a company in Dubai. You will also find valuable information regarding business taxation and other aspects of doing business in UAE.
In addition, the articles will give you an idea of other useful information regarding business in Dubai, inter alia, national peculiarities of doing business.
Local business traditions differ markedly from European ones. First of all, it is worth noting that the region's business community never does anything in hurry. The lifestyle in the United Arab Emirates is somehow slower as opposed to Europe or America. Therefore one should be patient when allocating time for business partner for solving issues relating to business.
Read our article on business in Dubai and succeed in business!