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Financial Services Company

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Financial Services in Dubai has seen tremendous growth in Dubai over the last decade. Dubai became the financial center in the Middle East. Dubai International Financial Center (DIFC) is key to this success. DIFC helps foreign investors to setup financial services company in Dubai free zones, also letting them have full ownership of their business. Starting a Financial Services firm in Dubai To setup Financial Services company in Dubai it is important to follow: Firstly the laws related to financial business in Dubai and UAE Secondly the rules to be followed in DIFC And lastly, the applicable licenses and rules under the following financial regulators: Central Bank of UAE UAE Securities and Commodities Authority UAE Insurance Authority Before Opening a Financial Services Company A few things to check before setting up a financial services company in Dubai: Firstly at least 51% of the company assets should be owned by UAE or GCC national. Secondly the capital required to start the bus

Accounting and Bookkeeping Service license in Dubai

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  Accounting and Bookkeeping Service license in Dubai Dubai has witnessed massive progress in the business world. The transformation from an oil-based economy to a business hub is a result of the favorable business policies of the government. Besides, best-in-class infrastructure, use of advanced technology, strategic location have also contributed positively to Dubai's growth as a business destination. Along with the growth of the business, ancillary firms have shown major growth. Banks, logistics, event managers, insurers, accounting firms have grown massively. As the business grows, one should be careful with the finances. Inaccuracies and inconsistencies in finance may cost you a fortune. Appointing accountants may prove much costlier. Therefore, it may be best to outsource the accounts to an accounting and bookkeeping service company. This firm has professionals and experts to deal with the accounts with ease. Thus, Accounting and Bookkeeping Service license in Dubai are alw

Precious metal trading in Dubai

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  Dubai boasts cultural diversity. The favorable business environment, world-class infrastructure, have made Dubai the most sought-after business and leisure destination. Thus, providing a suitable atmosphere for small, medium, and big enterprises. According to the 2017 report, Dubai topped the list of Gold and Precious Metal trading. Gold exports accounted for AED 41.2 billion. Besides, the UAE is ranked first in the Arab world and fifth globally for export and re-export of precious metals. The global pandemic has not had much effect on the economy of UAE as its economy is diversified. Amongst the non-oil exports, the Jewelry and precious metal trade have the major share. Therefore, setting up a gold and precious metal trading business would reap huge profits. Dubai Multi Commodities Centre (DMCC), Dubai Gold & Park, and the mainland are the ideal places to set up a Precious metal trading in Dubai . Setting up Precious metal trading business in DMCC DMCC, located opp

Electronic Media License

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Print and Electronic Media license Dubai fall under various government-owned groups. Most importantly the National Media Council (NMC) is the main regulating authority in UAE. Dubai is a place of expats from different countries, with different languages. Therefore, the mass media is essential to get important information. The major kinds of media in the UAE are print, radio, television, the internet, and social media. The Print Media It includes newspapers, magazines, books, and journals.  Al Etihad  was the first Arabic language newspaper followed by  Al Khaleej.   Khaleej Times  was the first English daily in UAE. There are 7 Arabic and 12 English newspapers. Media groups in the UAE publish regional magazines as well. The first such magazine in the UAE was  What's On  published by the Motivate Media Group. The Electronic Media It has become the main medium for advertisements due to its increasing number of viewers. Nowadays the readers want more information in less time. As a res

Benefit of Offshore Company

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If you plan to own a business in UAE you will have a number of benefits of having it as an offshore company. Some of the major Benefit of the Offshore Company are: The Asset protection The Financial confidentiality The Low registration cost There is no red tape The Secure property rights with full ownership An offshore company is a business in UAE in which the investors live in another country. Some major activities that the offshore companies are carrying out in UAE are: The Investment The Real estate and property ownership The Yacht owning The Ship management, etc. The d ocuments required for forming an offshore company are- Firstly the passport copies of the directors and the shareholders Next the name of the company In addition the profiles or the CVs of all the investors And finally the proof of residential address of the owners Benefit of the Offshore Company The major a dvantages of Forming an Offshore Company in the UAE Firstly, the ease to u

Retirement Visa in Dubai

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Dubai is a gorgeous city. The working environment, the business-friendly policies, infrastructural facilities, and economic wealth attracts people all over the world to settle in Dubai. The UAE government announced the introduction of a Retirement Visa in Dubai, as part of the Retire in Dubai program, in September 2020. This policy is for ex-pats and foreigners over the age of 55 years. 85% of the population of UAE consists of ex-pats. There is a tendency to return to their nation after retirement. This policy attracts ex-pats and foreigners to settle in Dubai after retirement. Features of Retirement Visa in Dubai In the first phase, this program aims only at ex-pats living and working in Dubai. Later, this would include foreigners as well. The retirement visa policy is managed by the Department of Tourism and Commerce Marketing (Dubai Tourism) in association with the General Directorate of Residency and Foreign Affairs (DDRFA- Dubai). This program helps to depict Dubai as the

Cleaning Services License in Dubai

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  Dubai is well-known for its skyscrapers. Many companies are set up here. For instance, start-ups, small-medium enterprises, multinationals. Many top brands in the world have their branches in Dubai. Dubai is desert land. The hot climate and sand affect the exterior of the buildings. A spotless and sparkling clean office has a positive impact on a client. Moreover, a shiny clean office building makes it prestigious among others. Therefore, investing in building cleaning services is of utmost importance in Dubai. Besides, the coronavirus pandemic has emphasized the need for a clean and sanitized workspace. Therefore, building cleaning services licenses in Dubai are in high demand. The cleaning is done by professionals who have prior knowledge of the process and are trained in using different tools and cleaning products. It improves efficiency and effectiveness in cleaning, saves time, and also maintains health. Types of Building Cleaning Services License in Dubai Industri