100 % ownership on UAE Mainland
The UAE government has come up with a landmark decision with respect to the ownership of companies on mainland. Till date, if partnership with a local UAE sponsor is what stopped you from setting your business on UAE mainland, then you do not have to bother about it anymore.
Golden Card: Permanent Residency for UAE Expats
The ‘Golden Card’ is one of the most searched terms on google, ever since the UAE government announced the scheme. The permanent residency scheme is something interesting that has garnered attention of people from across the globe.
UAE & KSA Double taxation Avoidance Agreement Comes into Effect
Nearly a year after signing the double taxation avoidance agreement between UAE and KSA, it has come into effect now. The agreement marks the first of its kind between two GCC countries and it is expected to be beneficial to individuals and corporates of both the nations.
DIFC Achieves Record Growth
DIFC is a financial hub for the Middle East, Africa and South Asia markets that has witnessed exponential growth in the previous year. With 437 new company registrations and a net profit of $88 million, 2018 was DIFC’s year.
Free License and Visa Upon Buying a House in Dubai
Emaar, a property developer, has decided to partner with Dubai Multi Commodities Centre to launch around 200 units in an under-construction building in Dubai Hills Estate. The best part about the partnership is the offer that comes along with buying a house here. This is the first time Dubai or any other city has announced an offer like this and it is undoubtedly captivating.