Company Incorporation is business set up, company formation, company registration, registering companies as mainland, freezone, or offshore entities.
When considering setting up a business in the UAE, one of the most critical aspects to consider is the ownership structure, especially in specific sectors where 100% foreign ownership is not permitted. While the UAE has become increasingly open to foreign investment, some business activities still require the involvement of an Emirati partner. As per...
In the UAE, business activities are broadly classified into two categories: Regulated and Unregulated. Regulated activities are those that require additional approvals from government authorities or regulatory bodies. Examples include financial services, healthcare, education, and legal services. Unregulated activities do not require any special regulatory approval apart from the standard business licensing process. These typically...
The Jebel Ali Free Zone Authority (Jafza), offers a host of company structures and business models with pre-built office spaces, warehousing facilities and cross-border business opportunities. Coupled with the proximity to seaport and airport, JAFZA is a premium location to set up industrial and trading businesses. It offers multiple benefits for entrepreneurs and businesses. The...
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...
An industrial license in Saudi Arabia permits businesses to engage in manufacturing and production activities. Acquiring this license involves meeting specific requirements based on your business activity and company’s specifications. This article outlines the steps to obtain an industrial license, the benefits of having one, and the regulatory framework governing industrial activities in Saudi...
The National Investment Strategy (NIS) of the Kingdom of Saudi Arabia (KSA) represents a cornerstone of the nation’s economic future, crafted to harness and amplify the Kingdom’s inherent strengths. This ambitious initiative is not just about capital influx; it’s a pivotal movement designed to catalyse profound economic development, harmonizing with the broader Vision 2030 agenda....
UAE introduces Blue Visa and Gaming Visa addressing specific sectors with significant growth potential and opening substantial business opportunities. Sheikh Mohammed bin Rashid approves 10-year Blue Residency visa for environment champions https://t.co/7WKtLjJMBi pic.twitter.com/8Kkv47Pxqu — UAE News (@UAENews) May 15, 2024 The United Arab Emirates (UAE) has introduced the Blue Visa, the latest in a series...
An overview of the key steps involved in incorporating a company in Saudi Arabia, this guide aims to simplify the incorporation process for businesses seeking to establish a presence in the Middle East with easy access to the European and African markets. Saudi Arabia is rapidly becoming a preferred destination for businesses aiming to...
