Offshore Trust formation: What You Need to Know
There are some key advantages to holding your assets in an offshore trust. These types of trust help you to protect your wealth against any future uncertainty (whether personal,…
Can You Still Become a UAE Resident During the Coronavirus Pandemic?
The COVID-19 pandemic meant many countries around the world went into lockdown, and the UAE was no exception. For entrepreneurs, keen to set up a business in Dubai or the other…
The Benefits of UAE Resident Status for Business Owners and Entrepreneurs
When you set up a company in the UAE, you’ll either establish it as a non-resident or resident enterprise. Offshore businesses are non-resident, and though they offer many advantages,…
Rent Discount Plans for Free Zone Tenants Extended Until the End of August
DMCC has announced that tenants will be given a two-month rental break until 31st August, and that three-year licence renewals will have a 33% discount applied.
Everything You Need to Know About Different Types of Wills in Dubai
Wills are available in Dubai to all residents, even those who are non-Muslim. This important legal document ensures that, in the event of your death, your assets are passed on…
The Difference in the Set Up and Benefits of Offshore and Onshore Companies in the UAE
An offshore and onshore company in the UAE may potentially offer the same products or services. The key difference is where they’re situated.
Dubai Gets Serious About Cryptocurrency
Dubai is set to create a cryptocurrency valley in the free zone areas – the Crypto Valley. Additionally, the DMCC’s Blockchain Strategy will reduce as much as 20% of the physical…
Foreign Trade in Dubai in 2019 Up by 6%
Dubai experienced significant growth in foreign, non-oil trade in 2019, and reached Dh1.37 trillion. This marks the completion of a successful decade, which saw the state increase…