What is the difference between DED and Free Zone licenses in Dubai? In Dubai, there are two main types of business licenses: Department of Economic Development (DED) licenses and Free Zone licenses. Here is a brief overview of the differences between the two: DED License A DED license allows a company to conduct business within […]
What is the Cheapest Free Zone in UAE? The UAE is currently ranked 16th on the World Bank’s Ease of Doing Business Index Report 2020. According to the report, UAE has an Ease of Doing Business score of 80.9 out of 100. Kudos to the UAE government for launching numerous initiatives that supports the ease […]
What are the requirements of bank account opening in UAE? Are you planning to open a bank account in UAE, particularly in Dubai? In this article, we will discuss the process of bank account opening in UAE, list of bank options and how to successfully open an account in Dubai. Essentially, as an international business […]
UPDATE: Belize Company Changes on Fees & Regulations 2023 As we mentioned in our last few blogs regarding Belize Offshore Company Formation, a new update on the fees and regulations of Belize companies is issued recently. Under the new Belize Companies Act 2022, a Belize International Business Company (IBC) will be recognized as a Belize […]
Belize International Business Company (IBC) – All you Need to Know Belize IBC Offshore Company Formation is considered one of the best low tax jurisdictions. It is also one of the preferred jurisdictions for setting up offshore companies in Latin America. In this article, we will discuss the most common type of offshore companies, Belize […]
How to Setup an Offshore Company? On our last article about the types of offshore company, we have established some of the major benefits of having offshore company formation. You will enjoy asset and data protection on top of tax optimization, these increasingly drawn a number or business owners to flock to offshore jurisdictions. For […]
UAE Set to Step into the Mainstream: Corporate Income Tax Starts in June 2023 The United Arab Emirates to introduce a Federal Corporate Income Tax (CIT) on business profits for the first time, the Ministry of Finance (MoF) announced on 31 January 2022. It is expected that the CIT regime will be applicable for fiscal […]
What are the 5 Most Common Types of Offshore Company for Foreigners? Yes, an offshore company formation is the answer for businesses that are planning to “go global.” But first, I must share with you the simple way to explain what an offshore company is. For example, you live in Dubai, you setup a company […]