Establishing a business in an offshore jurisdiction is a popular idea among wealthy all around the world. They do so to gain several benefits that are otherwise not available in any onshore location. Despite severe criticism, doing business offshore is a completely legal process and most of the individuals and companies having their businesses overseas…
Dubai Multi Commodities Centre (DMCC) Free Zone is the largest and most important free zone in Dubai and UAE. The specific free zone was established in 2002 and its continuous growth and best customer services are accepted on a global level also. It is the reason that DMCC is the current holder of “Global Free…
In one of our previous articles, we told you about the benefits and procedures of setting up business in Dubai Media City (DMC). But Dubai is not the only emirate that is providing facilities for the media and telecommunication sector through designated free zones. Other emirates are also providing facilities of various free zones and…
International Business Company/Corporation (IBC) is a type of offshore company that is established in few exclusive jurisdictions (tax havens) under the laws of that locality. Such corporations are either tax free or liable to very little tax. There are few restrictions on such companies in few jurisdictions. It is important to note that not all…
Business opportunities in Dubai are available on different levels for professionals and entrepreneurs in every field. There is a lot of space in Dubai mainland to set up a business of almost any type. But if you want to retain 100% shares of your company (an Emirati sponsor will hold 51% shares of a foreign…
Dubai has proved itself to be the hub of businesses in every field. There are numerous opportunities for setting up businesses in both mainland and various designated free zones in Dubai. Dubai is giving more and more importance to media and telecommunication business and there are several free zones for this purpose. Few famous ones…