Welcome in new Dubai – residence visa demand is soaring
Strategic location of Dubai, in the middle between Europe, Africa and Asia and excellent conditions for doing business have created in recent years from Dubai the brand on its own.
Running an onshore or offshore business can be a tricky task. Regulations and laws between countries vary and one can get easily lost in the amount of information out there. We source the best and up to date news from offshore and onshore world, international tax, accounting and banking industries. On top of that, we share our own thoughts and views on all topics mentioned above. We hope you will enjoy our blog and find it valuable.
Strategic location of Dubai, in the middle between Europe, Africa and Asia and excellent conditions for doing business have created in recent years from Dubai the brand on its own.
In a landmark citizenship policy change, the UAE is to allow for the naturalisation of foreign investors, skilled professionals.
On 24 December 2020, after a referendum on Brexit, the UK and EU concluded a free trade agreement worth of 660 billion, the biggest in history.
On 23 November 2020 the government of the United Arab Emirates officially announced that foreign investors can fully own local companies (LLC and joint stock companies) without the need for an UAE citizen sponsor currently required to hold the 51% majority.
Nowadays, in the global and interconnected world with issues such as security, healthcare, and education, the tax advice is not just about minimising taxes anymore.
After a few contentious weeks of negotiations, Cyprus and Russia have reached a final agreement on their amended double tax treaty.