Offshore banks are those that are located outside country of any bank account holder. But in normal usage, the banks that provide offshore banking services are called offshore banks. They are different from local banks that are also known as onshore banks. Offshore banks are mostly located in various offshore jurisdictions. These locations provide specific…
Business opportunities in UAE continue whole year but the best time for cultural, commercial and tourist activities in the desert country is from November to April. During this period, several events and exhibitions are held in the country. Now a new educational and business event has started in all the emirates of UAE in the…
Entrepreneurs around the world have different motives and priorities. A good business-friendly jurisdiction provides wide-range business opportunities for entrepreneurs with different choices. An important reason for which UAE is known as a business hub is the presence of various types of business opportunities for people with different priorities. Two main business jurisdictions that provide two…
Value Added Tax (VAT) is the hottest topic in UAE at this moment. There is lot of discussion among masses regarding the new tax on their lives and businesses. There are also concerns about the misuse of this tax by retailers and many people registered their complained to the government authorities about being charged heavily.…
A month has almost passed after the implementation of value added tax (VAT) in UAE and now it seems that the things are coming on track and the people are feeling it easy to solve problems related to the effects of VAT on their daily lives and businesses. According to UAE’s Minister of Economy, Sultan…
UAE provides different business-related jurisdictions that can accommodate individuals and companies with different choices. The investors are allowed to establish their business in mainland, free zone and offshore areas. There are thousands of small investors and big companies that are taking advantage of one of these locations according to their business requirements. Mainland UAE is…
