Keep up to date with the latest developments surrounding company set up, visas and relocation in the United Arab Emirates.
October 25, 2023
Satisfying Economic Substance Requirements for UAE Freezone persons
The enactment of the Federal Decree-Law No. 47 of 2022 has marked a significant shift in the UAE's corporate tax landscape. At the heart of this law lies the designation of “Qualifying Free Zone Persons” (QFZPs), which subjects entities to a 0% tax rate on “Qualifying Income”, while a 9% tax rate is applied to other income. To be categorised as a QFZP, entities are required to meet several conditions, one of which is maintaining adequate economic substance in the UAE.
October 25, 2023
Navigating Crypto Business Banking: A Guide to Bank Account Opening
The downfall of Silvergate and Signature Bank, previously pivotal players in crypto business banking, has further complicated the already intricate path towards bank account opening for crypto businesses. Amidst this backdrop, ensuring a smooth process in crypto business bank account opening requires a blend of strategic insights and expert intervention.
October 25, 2023
Fundraising in the UAE: The SAFE route for corporate structure
The allure of the United Arab Emirates (UAE) as a fertile ground for investments has grown significantly in recent times, especially against a backdrop of economic turmoil in many western markets. The nation’s robust economy, coupled with a burgeoning innovation and startup ecosystem, makes it a compelling destination for entrepreneurs and investors alike. A notable part of this appeal rests on the UAE's forward-thinking legal frameworks that accommodate modern fundraising instruments, one of which is the Simple Agreement for Future Equity (SAFE).
April 12, 2023
The Comprehensive Guide to UAE Freezones: International Free Zone Authority (IFZA)
The International Free Zone Authority (IFZA) is a rapidly growing Dubai Freezone that offers a strategic location, a comprehensive range of business activities, and competitive pricing. With its streamlined processes and customer-centric approach, IFZA is an attractive choice for entrepreneurs and investors looking to establish their businesses in the UAE.
April 5, 2023
Navigating the UAE Freezone Landscape: A Comprehensive Guide to Choosing the Right Freezone for Your Business
The United Arab Emirates (UAE) is renowned for its strategic location and business-friendly environment, making it an attractive destination for entrepreneurs and investors worldwide. One of the unique offerings of the UAE is its numerous Freezones – specialized economic zones designed to foster growth and attract international businesses.
March 22, 2023
Discover the Exciting World of the DIFC Innovation License: A Gateway to the Future of Finance
The Dubai International Finance Centre (DIFC) is a world-renowned financial hub that caters to businesses and individuals alike. Established in 2004, the DIFC has continually evolved, introducing new initiatives and regulations to foster innovation and growth in the financial sector. One such innovation is the DIFC Innovation License, a unique offering designed to attract startups and entrepreneurs in the finance sector.
February 1, 2023
Owning Dubai Property Through a Holding Company
As Dubai continues to grow and develop, the real estate market has seen a flurry of activity and a boom that is expected to continue throughout 2023. With the influx of new residents, businesses, and tourists, the demand for property is expected to rise. Additionally, the government has put in place various incentives and development plans that are expected to further stimulate the market. We often receive enquiries from clients asking if a company can buy property in dubai and how they can set up a property holding company for their Dubai real estate investments.