Latest Posts

What UAE Companies need to do to Prepare for VAT

November 24, 2015 10:25 am

While the UAE is preparing to introduce a new Corporate Tax and VAT, companies and firms are called to review numerous features including their financial systems in order to evaluate whether they are ready for the tax. Therefore, companies will have time to alter their financial and accounting systems. While it is still early for […]

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Bank account in Dubai

November 24, 2015 10:23 am

Individuals who are owners or partners in UAE entities can apply for corporate and personal bank accounts. The facilities the banks offer depend on the type of company an individual has (for example UAE Offshore or UAE Onshore) and the type of visa an individual maintains (UAE resident or non-UAE resident). Most of the UAE […]

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Dubai: Opening a bank account

October 6, 2015 11:40 am

If an individual is an owner or a part owner of a registered onshore or offshore company in Dubai, then he/she is able to set up a corporate bank account for the company. Furthermore, Dubai allows residents and non-residents to open private bank accounts. The emirates also allow companies that are not based in Dubai […]

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Cyprus Investment Firms

October 6, 2015 11:36 am

The Cyprus Investment Firms Law 144(I)/2007 includes the legislation concerning investment terms and subsidiary services as well as particular policies concerning capital requirements, the setting up of branches, supervision and authorization of Cyprus Investment Firms (CIFs). In order to be granted CIF authorization, applicants must make a formal application and meet particular requirements. The most […]

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