Category: Company Formation in UAE

Double Taxation Avoidance Agreement (DTAA) and its Benefits to Expats Residing in UAE

Double Taxation Avoidance Agreement benefits only residents of a country who are living and earning income outside the home country for a stipulated duration of time. UAE has signed a Double Taxation Agreement with more than 117 countries around the world.
Being part of the international tax framework and adhering to the OECD (Organisation for Economic Co-operation and Development) regulations, the DTAA treaty provides protection and benefits for companies registered in UAE.

How to Setup a Foreign Company Branch/Subsidiary in UAE?

A Foreign Company can open a Branch/ Subsidiary in UAE and coordinate the business operations with the Parent Company in the home country. The Branch/Subsidiary of a foreign company in UAE must be registered with the respective Government authorities in UAE.
Branch Office is an extension of an existing business and is not a separate legal entity from the Parent Company. Also, the Branch Offices are eligible to conduct the same business activities as of their parent company in UAE.

How to Import and Export Goods from a Free Zone in Sharjah? – Things to Know

Sharjah Airport International Free Zone is the most preferred business center for trading and export companies especially those looking at export, import, and re-exports in the UAE.
SAIF Zone is a designated zone and has an in-house customs checkpoint. The proximity to Sharjah airport makes it a preferred choice for air freight forwarding companies and export via the airport.

Business Setup in Ras Al Khaimah (RAK) – Company Formation Options

Ras Al Khaimah is an Emirate in UAE that shares its mountain borders with the Sultanate of Oman. It is in proximity to Dubai and is a well know offshore jurisdiction for International Business Corporations.The liberal government policies towards business set up by foreign investors is a major reason for the rapid growth of RAK into a business hub of UAE.

5 Strategic Industry Sectors Ideal for Foreign Direct Investment in the UAE

In the UAE, the government investments in healthcare accounted for around USD 15 billion in 2018. The private sector healthcare spending is set to grow at a CAGR of 9.5% from 2018 to 2022. Foreign Direct investments into healthcare, pharma, and medical equipment sectors over the past five years are seeing an enormous spike. The FDI in this sector is valued at about AED 3.82 Billion (2015-2020).