Rep Office

NBAD and ENBD roll out to China

(Hong Kong, 2012-10-11) Two of the UAE's largest banks are leading an expansion drive into China as trade between the two countries continues its rapid growth. The National Bank of Abu Dhabi (NBAD) and Emirates NBD have both launched their first representative offices in China. NBAD, which has the largest international presence among all UAE […]

Singapore

Business in Singapore   Singapore has attracted various organizations – ranging from the Fortune 500 companies, small and medium enterprises, educational institutions to news bureaus – to form their place in Singapore’s business landscape. Singapore is well known around the world as a multicultural, multi religious and multi-racial harmonious island food paradise. Starting as a […]

Domestic Company

Domestic Company – Freestyle at the Gulf   Basis for companies which shall be established and operated in the UAE domestic (or "mainland"), is Federal Law No. 8 of 1984, "Commercial Companies Law" (CCL), as well – at least for most foreigners negligible – as rules for partnerships in the UAE Civil Code. Opinions differ […]

Free Zone Company

Free Zones – Drivers of the Hub   The institution of Free Trade Zone still exists since over 2,000 years, developed from the idea of Free Ports as Duty-Free or Special Economic Zones. In the ports of Carthage and Tyro, the Phoenicians granted traders tax benefits on goods they could not sell and had to […]

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\r\n (Dubai, 20/10/2014) In August 2014 already, the “so much to UAE committed” foreign bank Standard Chartered announced to exit parts of its SME business in the federat...
\r\n (Dubai & Berlin, 30/09/2014) The increasing “European-ization” of all areas will now also make no longer halt before inheritance. At least, once international ba...
\r\n (Dubai, 04/09/2014) This week the World Economic Forum (WEF) published the results of its annual Global Competitiveness Report (GCR) 2014-2015 with impressive rankings for the U...
\r\n (Dubai, 30/08/2014) Since June/July this year, licensees of Dubai’s DMCC start to rub their eyes when it comes to their annual license renewal. Out of the blue, the Free Z...
\r\n (Dubai, 08/08/2014) MCI offers actually several Shelf Companies, aged between 2yrs, 10mths and 6yrs, 1mth - as per August 2014.\r\n\r\n\r\n\r\n \r\n \r\n \r\n DESCRIPTION\r\n \r\n \r\n ...
\r\n (Hong Kong, 2014-07-27) This month, the first revision of Shanghai Free Trade Zone’s (FTZ) Negative List took place.\r\n\r\n\r\n\r\n Shanghai Free Trade Zone (FTZ) was launched in...
\r\n (Dubai, 14/07/2014) The UAE Ministry of Labour (MOL) has announced that it will stop the usage of the old plastic labour cards & paper contracts starting from July 13, 2014....
\r\n (Hong Kong, 25-06-2014) We found a very interesting BBC documentary about China's debt policy and situation from February 2014, critical as well (of course). But watch yours...
\r\n (Dubai, 13/04/2014) With effect 01/05/2014, Emirates NBD massively increases the required Minimum Balances for its Business Banking Clients.\r\n\r\n\r\n\r\n Emirates NBD, one of UAE'...
\r\n (Dubai, 26/03/2014) Finally, Virtual Currency (VC) Tax Rules - including the most popular, Bitcoin - came to the US on March 25! Several insiders predicted that the government w...

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