Newsletter-General Global News

  The  tax-free environment in Dubai  is the main reason why foreign entrepreneurs decide to establish their activities here. In order to  protect their assets , local or foreign citizens can choose to  set up trusts in Dubai  through the Dubai International Financial Centre and its regulations in this matter. For a better understanding of the rules when  setting up a trust in Dubai , it is recommended to talk to one of our  lawyers in Dubai  who can offer legal advice throughout the entire process. Requirements for setting up a trust in Dubai Individuals can  set up charitable or not-charitable trusts ,  express trusts , and also  protective trusts , under the strict supervision of the Financial Services Authority in Dubai, where the residence terms are not taken into consideration. A DIFC (Dubai International Financial Centre)  trust  does not require a certain capital, as a starting point, in order to be registered...

Dubai, the commercial hub of the United Arab Emirates is the second wealthiest emirate after Abu Dhabi, which is the capital of the country. However, a surprising fact is that, unlike the various other emirates, Dubai’s wealth was not generated from oil assets and natural reservoirs. Additionally, if you are looking to expand your business or willing to start a new company, Dubai should be at the top of your locations list. Here are some benefits of starting a business in Dubai. The ‘City of Gold’ earned its title from a diversified economy – which includes industrialization, manufacturing, trade, and tourism among numerous other sectors that the commercial capital has to offer. Dubai has also embarked towards obtaining the status of the fastest-growing economy in the world. Trading is the main factor that has aided the economy mainly from China, India, and United States. With an ever-growing economy and competitive market, company formation in Dubai is guaranteed to be a rewarding exp...