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The UAE has long been recognised as a low-tax nation that attracted foreign investors and businesses. But that changed on January 31, 2022, when the Ministry of Finance announced the implementation of a new corporate income tax regime. A basic Corporate Tax rate of 9 per cent will now be levied under the new regime, which […]

If you are reading this piece, it’s possible that you’re looking for a more secure location to keep your money and a place where your privacy will be protected. Opening a corporate account is also crucial when you are starting a company in the UAE and want to carry out its activities legally. Your goals […]

What are the Differences between a Mainland Company and Free Zone Company? Each jurisdiction offers a different approach regarding the following aspects. Ownership of business As a business owner or foreign investor, you want to have full control and ownership of your business. In this sense, the two jurisdictions differ greatly. Let’s observe: With a professional […]

It takes a lot of hard work to start a business. It requires perseverance, commitment, blood, sweat, and tears—as well as, undoubtedly, an extensive network of support. No business exists in a vacuum. No company has ever been successful without networking, collaboration with others, or partnerships. Such connections and collaborations support mutual growth and development. […]

The UAE regularly scores well among international economies and has become one of the world’s most diversified and dynamic economies in recent years. According to the latest Global Entrepreneurship Index, the UAE ranks #1 globally for offering the most supportive environment for entrepreneurship. The country even outpaces leading international economies such as the United States, […]