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Showing posts from June, 2021

Offshore Company Formation In Dubai - Profound UAE

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  Offshore Company Formation In Dubai In the duration of the years 2008 and 2009, the Dubai's financial situation dropped down severely post worldwide depression. At present is the correct time to start an offshore company formation in Dubai and is in great demand since it is the biggest trading port joining east and west of the world. The new Swiss rules which has passed lately has resulted in the offshore company registration in Dubai free zone. The government has altered ethics and rules and have made it more comfortable for investors to settle down in Dubai. Some of the advantages of offshore companies which are not offered by onshore companies are: The very first advantage of an offshore company is a person will not take much time to initiate a company, it is trouble-free and cost appreciated course of action. The privacy and confidentiality which you will get in an freezone company registration in dubai , you will never get in an onshore company. Mostly, the best countries o...

Requirements for Registration of a Company in Dubai

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Requirements for Registration of a Company in Dubai  The UAE government is open to foreign investments. But, just like any governing bodies, they have implemented a set of requirements which a company must comply with to be able to legally operate. Going through the legal requirements involved in setting up company in Dubai can seem like an overwhelming task. This cosmopolitan city is strict when it comes to company registration. To get an understanding of what company registration in Dubai is like, let's have a look at the basic requirements. Business licensing requirements Business licenses issued in Dubai are basically classified into 3 categories namely, commercial license, industrial license and professional license. Any business of any category is required to have a "trade" license in Dubai. Dubai's Department of Economic Development (DED) is the government agency responsible for issuing local company licenses. This department operates from several locations t...

How to choose a legal consultant in Dubai - Profound UAE

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  How to choose a legal consultant in Dubai - Profound UAE Consulting is a broad field that includes many different services, including but not limited to Business formation in dubai , Real Estate, Immigration, Patent, Intellectual Property, and other areas. So, how do you determine which consultant is the best fit for you?  Read the Consultant's Blog. The consultant will tell you what they do and how they got started. This gives you the information you need to decide if the consultant's experience of company formation in dubai and background matches your requirements.  Ask them questions about their background. Ask them how they decided on their specialty, and how they began their career in law. This will give you the opportunity for a follow up question if you feel the consultant is not answering your questions fully.    15 reasons why you should hire us!  1. The firm is a fast growing, full service law firm  2. We specialize in corporate and commer...

Best Legal consultants in Dubai - Profound UAE

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  Best Legal consultants in Dubai - Profound UAE When you need legal advice, few things could be more frustrating than having to pick up the phone and call a lawyer. Why is it so hard to find someone to help you? Because most of us don't know how to find legal help when we need it. We assume that a offshore company formation lawyer will be able to provide us with advice, but in fact, it's much more complicated than that.   The law is constantly changing and developing. Whether you are a sole practitioner or a partnership, you are bound to find yourself in a situation where you need legal advice. Unlike other services, legal consultants and mainland company in dubai offer comprehensive legal solutions at affordable rates.  Advantages of hiring a legal consultant    1. If you have a problem that is difficult to resolve in the UAE, it's worth thinking about how to solve it in another country  2. A legal consultant can help you to avoid paying fines...

Pros and Cons of Doing Business in a Free Zone in Dubai - Profound UAE

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  Pros and Cons of Doing Business in a Free Zone in Dubai Free Zones in Dubai are the areas in Dubai in which the authorities have different and relaxed policies for the businessmen. The investors and business owners who are not the natives of Dubai, do not have to pay the same amount of money in the name of taxes and custom as it is the case with the people in the other zones. Better Not Take It Literally You better not take the term "free" literally as it is not the case here. It does not mean that you can do anything in the free zone without spending any money or you have absolute freedom of doing whatever you want. Why these Zones are there? These are the part of the policies and strategies of the authorities to enhance and promote the economy and tourism of the region. It offers relaxation to the foreigner businessmen and investors to come and establish their businesses. It will have a two-dimensional profit. At one side it provides limitless opportunities to improve th...

Why Set Up A Business In Dubai - Profound UAE

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  Why Set Up A Business In Dubai - Profound UAE Setting up a business in Dubai can be a daunting process. It's not just about deciding which business structure to choose, but also what are the legal requirements for running a business in the United Arab Emirates, and what does it take to register a business in Dubai?   There are a lot of companies out there that offer training and consultancy services for entrepreneurs. Some take a holistic approach, while others are more hands-on. The truth is you can find a lot of different ways to setup your business, so you need to find one that works best for you and your needs. If you're interested in starting a company in the UAE, we can help you register a business, including the necessary paperwork and procedures. Many people dream of starting their own mainland company formation business, but not everyone is willing to take the leap. There are a number of reasons people might opt out of starting their own business, but the biggest i...

Tax benefits of setting up a company in dubai

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  Tax benefits of setting up a company in dubai - Profound UAE The small and friendly city of Dubai is one of the few places on the planet that gives business owners a tax-free environment for setting up their business. You have to register your company with a number of different government authorities. This allows business owners to set up their business and pay a tax of only 20 percent, instead of the usual 40 percent. This lowers the cost of running a business in Dubai and allows workers to earn more, but there are a few things to consider before deciding to set up your business in Dubai.  In Dubai, the Company Registration in Dubai process is similar to that of other UAE emirates. There is a board of different business licenses which are issued to different types of businesses including trading, manufacturing, retail, service, and the like. In addition, there is a special type of license for providing certain types of legal services.  A business license is required f...

Setting Up a Company in Dubai - Profound UAE

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  Setting Up a Company in Dubai - Profound UAE Dubai is the capital of the United Arab Emirates (UAE), it is the most populated city in the Middle East. The population is approximately 2.5 million people, of which about 1.6 million reside in Dubai city. Dubai is the UAE's premier business city with a wide range of employment opportunities. Dubai is the financial and business hub.  Dubai has the highest life expectancy in the UAE and is home to a number of high-tech and luxury projects, including the world's tallest building, the Burj Khalifa, and largest shopping mall, the Dubai Mall. Dubai is a city rich in history, culture, and tradition. Dubai attracts millions of tourists each year, mainly from the Middle East and Europe.  Dubai is not a place you can just turn up and start doing business. First and foremost, you need to qualify for a visa before even thinking about setting up shop in the UAE. You can apply for a Business Visa, a Visitor Visa, or a Work Visa. These ar...

Top Company Registration Company in Dubai

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  Top Company Registration Company in Dubai Company registration in Dubai is a recommended source for acquiring of industrial success in the market. People are increasing their interest to attain good featured services for accomplishment of their business and this is probable with the use of latest searching tools which are helpful to find out adequate information about impacts of company registration in Dubai programs in the commerce.  This knowledge is obtainable for all people and this is also cheering to procure registration services without any intricacy and composite. So, people should observe different instances in this matter and they should examine all those things which are essential to make accomplishment of the business certain. For this reason, people can use modern technological facilities that are effective to examine specific facilities along with particular features. In the same way, people can fulfill the registration procedure easily by the concern of lates...

Best Company Registration in Dubai - Profound UAE

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  Best Company Registration in Dubai - Profound UAE Dubai has enjoyed economic prosperity long before the establishment of the United Arab Emirates in 1971. Over the years, the country has demonstrated a significant growth, ranking as the top choice for businesses. Owing to its steady economy and excellent business conditions, with zero crimes, modern facilities and zero tax environments, Dubai has now become an important world spot for international trade, tourism, real estate, banking and manufacturing.  With an outstanding reputation for political and financial stability, the city of dreams is one of the best locations in the worlds to establish a business. In Dubai, you can start a business in Dubai Mainland or any of the Dubai Free Zones. While both jurisdictions provide different privileges depending on the nature of business and type of activities, company registration in Dubai is the first step that will give your plan a legal structure. Some of the advantages of compa...