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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 corpor...

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 ...

Company Formation in Dubai Silicon Oasis Dubai has long caught attention due to its favorable conditions for entrepreneurs looking to make it big. Each of the UAE’s free zones also offers a set of distinct advantages that differ from one to the next. For  company formation in Dubai Silicon Oasis Free Zone (DSO)  which, along with the headline benefits listed above, also affords business owners a host of support services and an affordable, fast and straightforward setup process.   Business Setup in Dubai Silicon Oasis : This free zone is heart of Dubai when you want to the best markets of the Middle East, North Africa, Asia and the Indian subcontinent. Convenient set up : A major factor behind its popularity is convenient setup service. The free zone offers fast-track business licensing with the entire application process taking no more than seven days – license and lease agreements are usually issued within just two days of submitting your legal documents and paym...

ALL NON-UAE RESIDENTS ABOVE 18 YEARS OLD WILL BE ELIGIBLE FOR TAX-FREE SHOPPING. The UAE looks set to put an up-to-date system in place for VAT refund to millions of tourists from November. The  VAT refund  system will be initially available at Abu Dhabi, Dubai and Sharjah airports and by year-end, it will be extended to 12 exit points, including the land borders and ports, it is learnt. Federal Tax Authority (FTA) and Tourist Refund Scheme operator Planet have issued guidelines setting a minimum limit of Dh250 to claim VAT refund. Planet said all non-UAE residents above 18 years old will be eligible for tax-free shopping. According to its website, tourists will be able to validate their tax-free forms at Dubai International, Abu Dhabi and Sharjah airports until December 16 whereafter the system will be in place at nine more locations - Al Maktoum airport, Abu Dhabi Port Zayed, Al Ain Airport, Al Ain land border, Fujairah Airport, Ras Al Khaimah Airport, Al G...

The decision is aimed at supporting UAE businesses in achieving VAT compliance Seed Group has announced a partnership agreement with a registered VAT and tax advisory firm WTS Dhruva. The group, a conglomerate of companies, owned and operated by the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, said the decision is aimed at supporting UAE businesses in achieving their  VAT compliance , avoiding any risks of errors at any point of the VAT filing process and beyond, as well as offering  VAT advisory services  and solutions through a customised automated reporting VAT digital compliance tool designed for the GCC. "Over the last year, WTS Dhruva worked with multinational clients and regulators on challenging  tax environments , policies issuance and infrastructures. The firm will have a positive role by supporting businesses come to grips with tax issues," Hisham Al Gurg, CEO of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum and Seed Group s...