Setup Business in UAE Blog

Accounting System Design Example

Personal effects of owning an LLC

My fiance has a degree in baking and pastry and what's nothing more than to start a bakery. As a way to show her my support, I was thinking of buying the LLC for her for Christmas. Are there repercussions that this could bring? Will I bescrewing her come tax season for trying to be supportive?

Posted 24 November, 2018


What right does brief residency exclude?

Temporary residency status isn't simultaneous with the privilege to work or look for work in the UAE, nor does it ensure business. Supported youngsters under 18 and freehold property proprietors more than 60, whose residency is supported by the individual property advancement organization, are not q

Posted 21 October, 2018


Is there a capital required for beginning a free zone business in UAE?

No, there is none required.

Posted 21 October, 2018


How much percent of ownership should one have along with their sponsors?

With a local sponsor 51% of the company will be owned by a UAE national and the other 49% will be of the sponsor.

Posted 21 October, 2018


Buyout of absent partner

Ontario, Canada, we have a partner who has a 25% share in the company. He used to own 50% but we bought him out of half of his share. After buying him out, we dismissed him and gave him his severance and he's been absent ever since. We want to buy him out of the remaining portion but he is not re

Posted 24 November, 2018


Would I need share capital?

Share capital is the measure of cash you and your accomplices add to begin a business. While framing a UAE organization, you might be required to have least capital of about AED 500,000 (about $135,000), which, as indicated by the UAE Trade and Commercial Office of the UAE Embassy in Washington DC,

Posted 21 October, 2018


Are there snappy track workplaces at Dubai Airports?

The Smart Gates are the speediest way through relocation at Terminal 3 passages. Basically put your distinguishing proof's photo page on the scanner, advance into the gateway, complete the eye scope and advance through the entryway. It requires only seconds First investment customers ought to enlist

Posted 21 October, 2018


Can Free zone companies only trade from within their free zone?

Yes, they only trade from within their free zone?

Posted 21 October, 2018


How is it get a kick out of the opportunity to purchase or rental in free zone UAE?

Buy or rental in a Free Trade Zone region might be high for one's money related arrangement to manage.

Posted 21 October, 2018


What are the restrictions in keeping a branch name for the country?

“United Arab Emirates” cannot be used in the name of the branch.

Posted 21 October, 2018