What is Economic Substance Regulations in UAE?
What is Economic Substance Regulations in UAE? In 2019, Economic Substance Regulations (ESR) were introduced in the United Arab Emirates. The purpose of the ESR is to prevent businesses, typically multinational corporations, from artificially shifting profits to jurisdictions that impose little or no income tax without having substantial activities in that jurisdiction to take advantage […]
What is a Tax Residency Certificate in UAE?
What is a Tax Residency Certificate in UAE? What is TAX Residency Certificate The Tax Residency Certificate (TRC) is a certificate issued for eligible government entities, companies, and individuals. The document proves that you pay taxes to a certain country and gives you the right to benefit from double taxation avoidance agreements. In the UAE, […]
Top 6 Benefits of Hiring PRO Services in Dubai
Top 6 Benefits of Hiring PRO Services in Dubai What is PRO Services? In the United Arab Emirates, all businesses express the need to hire a Government Liaison Officer, often known as a Public Relations Officer or PRO. Dubai is currently the best place for people from different parts of the world to explore diverse […]
How to Open a Restaurant in Dubai, UAE (2023 Updated)
How to Open a Restaurant in Dubai Dubai is fast emerging as one of the top global food destinations and opening a restaurant in Dubai can prove to be extremely lucrative, if done correctly. It turns out, each year, Dubai sprawls with millions of tourists from all over the world. With one of the fastest-growing […]
UAE Golden Visa – Everything Need To Know 2023
UAE Golden Visa – Everything Need To Know What is the UAE Golden Visa? UAE Golden Visa was introduced in 2019, and is a long-term, renewable residence permit (validity of up to 10 years). As a holder of this visa, you can travel, study or work in the United Arab Emirates easily enabled by the […]
Why IFZA is the Best Free Zone in UAE?
Why IFZA is the Best Free Zone in UAE? When it comes to setting up a business in the United Arab Emirates (UAE), one of the most crucial decisions is to choose the right free zone. There are many free zones in UAE, each with its own benefits, but International Free Zone Authority (IFZA) stands […]
5 Reasons to Start a Business in Dubai
5 Reasons to Start a Business in Dubai Amongst the 7 emirates of the UAE, Dubai is one of the most popular cities and holds global significance as a business hub. Everything from profitability to ease of doing business can be affected by the location of your business. The countless benefits of Opening a Company […]
The Benefits of Hiring a Business Setup Consultant in Dubai
The Benefits of Hiring a Business Setup Consultant in Dubai It is a great responsibility to set up your business in a new location such as Dubai and it needs the right knowledge and understanding of the city’s marketplace and economic scenario. This is why Business setup consultants have taken a significant place in today’s […]
Financial Planning for Startups: What You Need to Know
Financial Planning for Startups: What You Need to Know Every startup needs to have a solid business plan in order for it to survive the initial stages and grow into a successful business. A business plan includes numerous aspects but one of the most important segments of it is the financial plan for a startup. […]