The United Arab Emirates (UAE) stands out not only with its modern infrastructure and luxurious lifestyle but also with its business-friendly environment and tax advantages. Especially in financial hubs like Dubai and Abu Dhabi, opening a bank account is a crucial step that should be taken either before or immediately after setting up a company. However, this process may vary depending on local regulations, internal bank procedures, and the investor’s profile. In this article, we examine the process of opening both personal and corporate bank accounts in the UAE.
Turkish citizens residing in the United Arab Emirates (UAE) may become eligible for retirement benefits in Turkey by buying back (i.e., crediting) their time spent abroad—either as insured employees or as housewives. To apply for this crediting process, these conditions must be met.
Over the past three weeks, we’ve shared a series of articles providing essential guidance for investors seeking to establish a company in the United Arab Emirates (UAE). In this final installment, we focus on market entry. This article covers mainland and free zone company formation options, procedures for establishing branches and representative offices, work permits and immigration regulations, key considerations for investors, and the advantages of doing business in the UAE. We also explore UAE business culture, distribution channels, participation in public tenders, and strategic sectors. Lastly, we highlight useful resources available to Turkish companies planning to expand into the region.
The focus of this week’s edition in our series on setting up a business in Dubai is taxation. In this article, we cover the tax framework in the UAE, including Corporate Tax, Value Added Tax, and the advantages offered by free zones. We also provide up-to-date insights on e-commerce procedures, import restrictions, and tax compliance, helping you optimize your company’s operations in the UAE. For more, you can revisit our previous articles and stay tuned for the upcoming editions!
In last week’s article, we discussed how Dubai has become a common hub for global investors. This week, we’ll focus on one of the most critical decisions investors must make when establishing a business in the Emirate: choosing the right type of company that aligns with their business goals. We've compiled essential information to help you navigate this process.
Dubai, one of the most dynamic emirates of the United Arab Emirates (UAE), has become a key hub for global investment thanks to its strategic location, advanced infrastructure, and diversified economic structure. Moving beyond an oil-dependent economy, Dubai now aims for sustainable growth in sectors such as trade, finance, tourism, and technology, offering significant opportunities for international investors. This article outlines the essential steps and considerations involved in setting up a company in Dubai.
In an era of increasing environmental concerns and focus on social responsibility, the legal framework surrounding environmental and social policies has become increasingly important.
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