Blog

6 Key Benefits of an Offshore Company in UAE

Whenever someone brings up the words “offshore company”, the minds of most of us race to the numerous Hollywood movies which has a notorious depiction of what an offshore company is and how the owner of one would be. However, the truth could not be farther from fiction. An offshore company is a legal entity...

5 Simple Steps to Start your Business in the UAE

Ever wondered how it would be to start your own business in the UAE? The UAE has become a dream destination for starting up businesses for expatriates. We have broken down the process of starting a business in the UAE into five (5) simple steps. Step 1: Plan your business model A business model is...

Significance of Complying with Ultimate Beneficial Owner (UBO) Declaration

On 24 August 2020, the UAE issued Cabinet Decision No. (58) of 2020 regulating the beneficial owner procedures (“Cabinet Decision”). As per the Cabinet Decision, companies must declare the details of their Ultimate Beneficial Owners (“UBOs”) before their respective licensing authorities. The licensing authorities are the free zones / offshores where the company is registered....

Let us Bet on the Next Big Free Zone in UAE

Free zone in UAE are like stocks as they have the potential of increasing your investments by leaps and bounds. This is because the growth of a company is directly proportional to the growth of the free zone. Therefore, it is important for each company owner (especially new business owners) to set up a company...

Discussing the Relationship of a Free Zone and a Company

Here at InZone, one evening we discussed about the relationship between a free zone and a company. Some said that that this relationship is a two-way street. Some used the word ‘co-existing’. Some were of the view that the relationship is like a two-edged sword i.e. both the success and failure of the free zone...