Nam Accountants

LLC Company Formation in Dubai Along with low taxes and a thriving business environment, Dubai’s straightforward company formation process is a major reason why so many international entrepreneurs flock to do business here. The business license application process is both fast and affordable and there are many great benefits to doing business in this part of the world. As well as a favourable tax environment – on both personal and corporate incomes – the UAE also boasts a strategic global location and a thriving community of business savvy entrepreneurs. If this sounds appealing, there are a few things you need to know before you start your business here. For one, you need to be aware of the different company types that can be formed in Dubai. The most common, and the one that we’ll cover here in detail, is the LLC. In short, an LLC is a company that benefits from an entirely separate legal identity to its owners. It is an independent entity established in the UAE m

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