Monthly Archives - January 2020

January 2020

How to Start an Offshore Company RAK?

Ras-Al-Khaimah is the capital and is one of the seven Emirates of the UAE. It covers an area of a 2,468-kilometre square sharing borders with Oman and has a 64-kilometer long coastline making it one of the fertile regions of the country. The RAK city as it is abbreviated as is only a stone’s throw away from Dubai-the heart of The UAE. RAK city has managed to attract and captivate the attention of foreign investors. The city is proving to [...]

UAE’s private sector elated about Expo 2020, pins its hopes on it

The UAE’s business community is excited about 2020, mainly because of the upcoming Dubai Expo. The community has pinned all of their hopes on the investment it is bound to attract to the country.  According to David Owen, an economist at IHS Markit: Businesses are expected to grow in the year 2020 as this year is considered more upbeat than the previous one.  The reason behind these expectations is the surge in tourism and investment that the World Expo 2020 is [...]

Business Setup in Dubai Car and Automotive City Free Zone

Free zones are select areas in the UAE. They offer advanced infrastructure and facilities that encourage foreign investment and company formation in the UAE. These specialty zones provide economic benefits to specific types of businesses. Apart from this, the Free zones also offer benefits like 100% foreign ownership and no taxation. Every trade zone is tailored to fulfill particular business setup requirements. The Dubai Car and Automotive Free Zone (DUCAMZ), established in 2000, is one of the biggest free zones in the [...]