In September 2024, the Saudi government approved new regulations to simplify commercial registration and the process of obtaining trade names. These laws, set to take effect in the coming weeks, aim to enhance business efficiency and improve the overall commercial environment. The reforms introduce a unified national registration system, eliminating bureaucratic bottlenecks and expediting business […]
Saudi Arabia expected to unveil updated business regulations to boost transparency and ease the process of investing in the kingdom. Published on August 11, 2024, and set to take effect in the upcoming weeks, this law aims to enhance the competitiveness of Saudi Arabia’s investment environment in alignment with Vision 2030 and the National Investment […]
Who can register for the Corporate Tax Now? According to the authority’s explanation, early registration for corporate tax will grant companies and businesses ample time to meet their legal obligations. At present, only individual legal entities can undergo the registration process. If these entities desire to form a corporate tax group, they must initially register […]
Dubai has one of the most excellent healthcare systems in the world. It offers a home to world-class hospitals and clinics that provide exceptional care to patients. However, Dubai experiences high population growth. This puts a lot of pressure on the available healthcare facilities. Thus, if you want to set up a clinic in Dubai, […]
Wondering how to get a UAE visa? The UAE government recently launched a new visa scheme in April 2022. Find out the new changes here and what you can do to secure yourself a UAE residency visa. Why get a UAE residence Visa? Foreigners seeking to live and work in the UAE for extended periods […]
United Arab Emirates (UAE) has become an exceptionally popular choice among ex-pats for relocation. Whether you are looking to relocate to Dubai, Abu Dhabi, or any other part of the Emirates, the government offers many great perks to its residents. One such perk is the UAE Golden Visa, which has recently been introduced to create […]
Dubai is geared up to host one of its grandest events called Expo 2020. The first global mega-event to take place since the outbreak of the COVID-19 pandemic, the Expo 2020 Dubai will run from 1 October 2021 to 31 March 2022, inviting millions to join the cultural gathering. If you’re wondering about what lies in […]
In the UAE territory, Value Added Tax (VAT) is levied on the supply of goods and services. However, certain free zones specified by the UAE Cabinet are exempt from VAT. These zones are known as Designated Zones and have been listed primarily to boost international business in the country. Even if they are located inside […]
“UAE is a Pro-business country and it is one of the main attractions for entrepreneurs and HNWI customers as it is also known to be a Tax-free country.” Setting up a business in Dubai is less complex as compared to many other countries offering onshore or offshore company set up. UAE has one of the […]
“I keep getting clients who have been misled in the past and ended up having a Trade License in a Jurisdiction which has no value in real terms, they are unable to open Bank account and even many western Countries refuse to deal with such jurisdiction/Free Zones.” – Dilip Patel (Director Hexagon Advisory) It is […]
