Have you ever wondered why big corporations invest heavily in things that aren't tangible, like patents or brand loyalty? Or, why do advisors stress the importance of diversifying between liquid and non-liquid assets? Assets, whether tangible or intangible, liquid or...
Ever wondered how high-value transactions in Dubai, especially in the real estate sector, run so smoothly and securely? It's mainly due to a vital part of the UAE's financial system - the Escrow Account. So what is an Escrow account in Dubai? Read on to find out!...
Starting a business in Dubai is the start of an exciting journey. However, setting up a business bank account in this vibrant city can seem daunting due to the strict regulations and various requirements. This guide will give you a complete rundown on how to open a...
Are you a foreigner residing or planning to move to the United Arab Emirates (UAE)? Getting to know its unique tax system is key for your stay. Seize the opportunity to live in a country with no income tax, tax-free zones for businesses, and a Value Added Tax (VAT)...
If you're doing business in the United Arab Emirates (UAE) or planning to invest there, understanding double taxation is crucial. Double taxation occurs when the same income is taxed by two different countries or both at the corporate and personal levels. It can...
Ah, the excitement of setting up a business in Dubai! We know you're charged up to make your mark in the UAE's thriving business landscape. But let's not forget about one of the most critical aspects of running a successful business: bookkeeping. You might be...
Embarking on the entrepreneurial journey is an exhilarating experience, especially in a thriving business hub like the UAE. But let's face it, financing a business can feel daunting at times, given the myriad of options available. Worry not, though; we're here to help...
Imagine you have the perfect business idea, but you're lacking the necessary funds to bring it to life. You're not alone - countless entrepreneurs face this challenge. The good news is, investor funding can be the key to unlocking your business's potential. As your...
With the UAE flourishing economically, it’s important for business owners to understand the ins and outs of corporate taxes. Knowing about the rules on corporate tax for enterprises in the UAE is essential to ensure that you meet the necessary corporate tax law...
Dubai is a city that is known for its luxury and extravagance. But did you know that it is also one of the most important business hubs in the world? The Dubai economy is booming, and as an aspiring business owner, it's important to understand what makes it so...
As an entrepreneur or business owner operating in the UAE, understanding what withholding tax is and what it implies for your business is essential to ensure you remain compliant with current tax laws. In December 2022, the UAE Federal Tax Authority issued a decree...
Crypto assets have become mainstream investment tools in recent years, with more and more people looking to get involved in the market. Especially if you want to invest in Web3 tech, Crypto can get you started! All you need to know is which is the best crypto app in...