Company Setup in Dubai South Free Zone

But what are some of the advantages in setting up a company in Dubai South Free Zone? First of all, this free zone allows the establishment of a wide range of business activities, from IT to design, HR to consultancy, including trading. Setting up is affordable and allows businesses with a small starting budget to begin operations quickly. Location is also a plus for the Dubai South Free Zone. Dubai is one of the world’s most dynamic and cosmopolitan cities where it is easy to…

Labour Law in the UAE

Hiring in the UAE comes with its own unique set of challenges in the form of standard work contracts, labour law understanding, different stipulations depending on the types of employment contracts offered, and whether or not your business operates from within a free zone and also in which Free Zone you are operating. Labour regulations in the UAE are governed by the UAE Labour Law – Federal Law No. 8 of 1980. Amendments include Federal Laws No. 24 of 1981, No. 15 of 1985 and…

VAT in Dubai and UAE

VAT (Value Added Tax) is expected to be introduced in UAE at a rate of 5% on 1 January 2018. This percentage is purposely kept low to limit impact on UAE cost of living. The UAE Federal and Emirate governments provide citizens and residents with many different public services, paid from the government budgets. VAT will provide country with a new source of income which will contribute to the continued provision of high quality public services into the future. It will also help government move towards…

Company formation Dubai & UAE

Company formation in Dubai is a relatively simple and speedy process with strong incentives, notably in the form of the UAE’s free zones.  There are other options as to the type of business you can set up in the UAE (for example, onshore or offshore), but free zones are particularly popular with foreign entrepreneurs and with good reason. Among the incentives they offer are 0% corporation and personal tax, 100% company ownership, 100% repatriation of capital and profits, no currency restrictions and 100% import and export tax exemption.…