How To Choose a Company Name In UAE?
Naming a company in the UAE involves more than just choosing a creative or attractive name. It is an important step that must align with strict regulations and cultural norms set by local authorities. The name you choose is the first impression of your business on your targetted audience, and it needs to comply with […]
What Is E-Channel and How Does It Work In UAE?
The UAE is known for its progressive approach to technology and governance, and the e-channel UAE visa is the best example of this innovation. The e-channel UAE visa service streamlines various processes, such as visa applications and residency services. The e-channel portal, available 24/7, offers a simple, centralized platform for immigration purposes and more. It […]
What Are The Types of Activities In DED General Trading License?
The UAE has established itself as a global trade business hub, attracting entrepreneurs and companies from around the world. One of the most popular options for conducting business in the UAE is obtaining a general trading license. The ability to trade in multiple products under one license makes this option particularly appealing to entrepreneurs looking […]
What Is General Trade License In Dubai & How To Get It?
Are you looking to start a trade business for a wide range of items in the UAE? For that business, you need a general trading license in the UAE either from mainland or free zone authorities. With a general trade license, you are allowed to combine different commercial activities in various industries in the UAE. […]
How To Open An Offshore Bank Account In Dubai?
The expanding economy of Dubai has made it a prime location for global business and finance. Many entrepreneurs and individuals are attracted to start companies in Dubai, increasing the demand for offshore bank accounts. These accounts offer advantages like a favorable tax system, financial stability, and a strong banking network. Entrepreneurs and investors from around […]
Why Accounting Is The Language Of Business?
Businesses frequently face difficulties in understanding their financial status, making well-informed decisions, and adhering to tax regulations. These challenges can result in poor decision-making, legal complications, and missed chances for growth. The key to overcoming these obstacles is accounting, often referred to as the “language of business.” Accounting helps organize financial transactions into clear statements […]
What Is Double Taxation Agreements or Treaties In UAE
Have you ever wondered if a business that pays taxes in one country might also need to pay the same taxes in another? This scenario leads to double taxation, discouraging businesses from engaging in international trade. Double taxation increases business costs and reduces competitiveness. To address this, countries have established Double Taxation Agreements (DTAs) to […]
How To Apply For Tax Fine Reduction or VAT Penalty Waiver In Dubai, UAE
Facing penalties from the Federal Tax Authority (FTA) in the UAE? Looking to waive your fines or set up an installment plan to ease the burden? If so, you’ve come to the right place. FTA in the UAE imposes penalties on businesses that do not comply with laws or are involved in severe violations. However, […]
Who Is a Local Service Agent in Dubai and Why Do You Need One?
Foreign investors who plan to start a business outside Dubai’s or the UAE’s free zones need local sponsorship to run their businesses smoothly. This local sponsor can either be an individual UAE national or a UAE-based corporate entity known as a local service agent (LSA). According to Federal Law No. 2 of 2015, a company […]
What Is E-commerce License In Dubai and How To Get It Easily?
E-commerce is a rapidly growing industry sector worldwide, and Dubai is becoming a key global hub in this sector. According to EZDubai, The e-commerce market in Dubai is projected to reach USD 48.8 billion by 2028, with an annual growth rate of 11.52%. The COVID-19 pandemic has accelerated the growth of e-commerce, with businesses of […]
