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These UAE residents can get long-term visa These UAE residents can get long-term visa The decision aims to maintain the position of the UAE as a country having optimal business environment.  The UAE Cabinet on Saturday approved the recently announced long-term visa system, which includes 10-year residency visa for investors and specialists and five-year visa for exceptional students. The decision of the Cabinet will facilitate visas for investors, entrepreneurs, specialized talents, researchers – including their spouses and children – and create an encouraging environment for the growth of business for investors, entrepreneurs and professional talents. The decision includes the terms and conditions for obtaining long-term visas for all the above-mentioned categories as well as outstanding students to attract talents in all vital sectors of the national economy. The visa benefits for the family ensures a cohesive social structure that will create a stimula

New DIFC Law Set to Help Small Private Companies in UAE Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has enacted changes to the Dubai International Financial Centre (DIFC) authority’s legal and regulatory framework. The newly enacted laws, which update the DIFC’s companies and property regimes, as well as the overall operating environment for entities based in the centre, aim to ensure that the DIFC remains the most sophisticated and business-friendly common law jurisdiction in the region. The new law will now follow a public and private company regime after substantial research, consultation and global benchmarking to allow maximum flexibility, especially for small private companies.  In addition, it will provide appropriate levels of oversight for complex corporate arrangements, such as those associated with listed entities, mergers, schemes of arrangement and debt restructurings. The changes to th

DUBAI EXPO 2020- A WINDOW OF OPPORTUNITY DUBAI EXPO 2020- A WINDOW OF OPPORTUNITY Dubai is getting set to play host to the world between 20 October 2020 and 21 April 2021. These dates mark the start and end of the Dubai Expo 2020 – an extravagant event that will serve as a confluence of ideas and expected to be attended by 25 to 30 million people from around the globe 70% of which will be innovators and investors from over 180 countries. What is Expo? It is a global destination for millions of people to share ideas,  showcase innovation, encourage collaboration and celebrate human ingenuity. They are organised every five years and last for six months. The first World Expo was held in 1851 at London’s Crystal Palace and was known as The Great Exhibition of the Works of Industry of All Nations. It displayed about 100,00 objects showcasing the inventions from the industrial revolution.That was called the Great Exhibition of London and showcased the innovations and

Strategic Business Plan for Offshore Company Formation A determined entrepreneur must have a concrete business plan. With it, an entrepreneur knows the potential challenges in the business and providing effective business solutions. And, whenever you struggle in running your business, there is an overall direction and plan in place to follow or refer back.For startups, it is always helpful to have a  company formation expert  with relevant experience in strategic business planning working alongside you. They can help start your business on a positive note by recommending the most appropriate jurisdiction. So read on. And, know the benefits of getting a formation agency with the knowledge in effective strategic plans. A strategic business plan is essential for offshore company startups. Know the benefits getting a company formation agent with strategic planning skills. Why Consult a Company Formation Agent for a Strategic Business Plan Strategic planning can be an e

O ffshore company formation  UAE An offshore company is regarded as a legal business set up with an offshore tax haven which is shielded by explicit legislation. The   Offshore company formation   UAE   ensures special status for those companies that are formed under the jurisdiction. An Offshore company in Dubai is given full tax evasion and operates under high level of privacy and security. Dubai and Ras Al Khaimah are the only two  offshore  jurisdictions of UAE. Both these jurisdictions offer identical services, but just differs in terms of strategic objectives of both distinct jurisdictions . Offshore Company Formation  can be of three types - Offshore Company Formation Dubai  - W hen you want to open Offshore Company in Dubai, Jafza – under Jebel Ali Free Zone Offshore Companies Regulations 2003, allows the formation of an offshore Company by individuals or corporate bodies, as a non-resident company, having a corporate legal entity. These offshore companies e

Dubai Silicon Oasis (DSO) Dubai stands at the crossroads of the East and the West, both geographically and culturally. In little over two decades, Dubai has metamorphosed into a business behemoth, rivalling the top cities in the world. From being a dusty old town with a local trading community, today Dubai is an immensely attractive business destination for any company that wants to capture the rapidly expanding markets of the Middle East, Asia and Africa. Dubai is a city that inspires every other city and nation to strive to reach the heady heights which Dubai has scaled. Dubai’s strategic geographical location makes it the ideal gateway between the East and West opening the door for businesses to target more than 2 billion people. It also is the hub for the region’s import and export industry, one of the most profitable markets the world over. With the winning combination of increased foreign ownership, relaxed immigration formalities, excellent communication and infrastructural