Tag - Dubai Free zone Companies

June 2018

UAE to allow 100% ownership to foreign investors

UAE to allow 100% ownership to foreign investors

Introduction While many of the businesses in free zones in Dubai might have been allowed to operate under full ownership of foreign investors, the ownership of 51% shares by a local sponsor is a necessary requirement for a business setup in UAE to operate within the boundaries of the emirates. The local sponsor requirement has to be fulfilled in order for foreigners to run their businesses in Dubai. They spend a good time finding a suitable local sponsor for their business [...]

May 2018

Outsource Accounting & Bookkeeping Services In Dubai

Why Outsource Accounting & Bookkeeping Services In Dubai?

Accounting and bookkeeping is the part and parcel of any successful business. Those who do not acknowledge its significance bear the brunt sooner or later. Especially in UAE, the introduction of VAT has affected the entire tax calculation system and has pushed companies to change the way they operate and conduct business. UAE companies are now more inclined to outsource their accounting and bookkeeping services not only to save money but to add value in order to gain more control [...]

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