Mainland companies are onshore entities registered with and trade license issued by the respective Emirate’s Department of Economic Development (DED).
In a country like the UAE, where road safety is a top priority, traffic enforcement is strict and efficient. Speed cameras, radar systems, and patrols ensure that violations are swiftly recorded, and fines issued. However, not every fine is necessarily fair—and if you’ve received a penalty, you believe was issued in error, you do have...
The concept of trusts, a longstanding fixture in common law jurisdictions, has been steadily gaining traction in the UAE’s legal landscape. With the introduction of specific regulations and the increasing acceptance of trust structures, the UAE offers a robust framework for both domestic and international clients seeking to utilize trusts for various purposes. This article...
Introduction RAK International Corporate Centre (RAK ICC) Foundations offer a robust and versatile legal structure designed to manage and protect assets efficiently. As a corporate body with a distinct legal personality separate from its founder(s), the RAK ICC Foundation operates through its council to administer its assets and achieve its objectives. These foundations provide enhanced...
Introduction Foundations serve as an efficient mechanism to consolidate family holdings of various assets into a single top-holding entity. Utilizing a Foundation to hold family assets, whether business interests, property, financial investments, or any other assets, allows for the legalization of clear instructions regarding the transfer of assets upon succession. The Abu Dhabi Global Market...
Understanding the different business structures in the UAE such as LLCs, Partnerships, PJSCs, Branch Offices, and more will help you make the right decisions. From the dazzling skyscrapers of Dubai to the stunning beaches of Abu Dhabi, the United Arab Emirates (UAE) has become a beacon for foreign investors seeking new horizons. The secret behind...
The processes for UAE's ICV certification for the Small and Medium Enterprises (SMEs) to obtain the National In-Country Value (ICV) Certificate for a nominal fee as low as AED 500.
The United Arab Emirates (UAE) has successfully diversified its economy over the past four decades, creating a host of international business opportunities across multiple sectors. With a highly flexible government that continuously introduces incentives for businesses at every stage, the UAE has emerged as a favorable destination for startups, established enterprises, and aspiring entrepreneurs. In...
Making the Right Move: Your Business, Your Future Armed with a wealth of knowledge about Freezone and Mainland, it is now time to choose the path that aligns with your unique business goals. Consider the size, nature, and location requirements of your venture, and seek guidance from industry experts to ensure a seamless company...
Are you an ambitious entrepreneur seeking a land of opportunities to starting your business in the United Arab Emirates (UAE)? Renowned for its thriving economy and investor-friendly policies, the UAE offers a myriad of benefits that make it an ideal destination for aspiring business owners. Let’s delve into the enticing advantages of setting up your...
