
Who is the beneficiary? Various definitions.
The term “beneficiary” (from French “benefice”, meaning “income”) has several definitions. All businessmen, especially those engaged in foreign trade activities, should be familiar with such.
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Since 2004, the UAE has been governed by Sheikh Khalifa – the older son of the state’s founder Zayed Bin Sultan Al Nahyan Full versionThe term “beneficiary” (from French “benefice”, meaning “income”) has several definitions. All businessmen, especially those engaged in foreign trade activities, should be familiar with such.
Read moreThe offshore countries blacklist is an enumeration of territories and countries, which provide preferential taxation, ensure confidentiality of transactions and do not require any financial reporting or accounting reports.
Read moreA safe deposit box is the best alternative for keeping currency, documents, jewellery, family relics, and gold bars "under the mattress". Besides, this service is especially significant while receiving or paying a large sum in cash.
Read moreDU telecommunications company is the advanced mobile phone operator, TV service and Internet provider in the United Arab Emirates.
Read moreThe banking system of the United Arab Emirates is considered to be one of the most reliable in the world. The UAE Central Bank is strict with the issuance of licenses and monitors thoroughly the activities of the financial institutions.
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