Update: Economic Substance Regulations in the UAE - Part 3
In order to ensure that you do not incur any penalties, contact us today for assistance with filing the notification and the Economic Substance Report.
Economic Substance Regulations in the UAE - Part 1
The United Arab Emirates (UAE) was removed from the European Union (EU) blacklist by the Code of Conduct Group on Business Taxation on 10 October 2019, all thanks to the introduction of Economic Substance Regulations. These new regulations were introduced under the specific guidance issued by the UAE Ministry of Finance. The purpose of the Regulations is to ensure that UAE entities adhere to additional compliance and substance requirements for UAE businesses in certain sectors. The new regulations have led to enhanced confidence of international investors and financial institutions and the UAE still is an extremely attractive place to incorporate a new business.
Coronavirus update: info for valid UAE residence visa holders
Latest update on the GDRFA requirements on visa status post Covid-19.
Travel guidance for Dubai residents and tourists
COVID-19 flight and travel restrictions remain in place across many countries around the world. We are closely monitoring the situation as it evolves and we will provide frequent updates on this website.
Business etiquette in the UAE
Even though the UAE is a global business hub, new businesses should have some awareness of the Arab culture and the business etiquette that may be prevalent in the local business environment. In the Arab world, a large part of business is conducted on the basis of personal relationships and mutual trust.
Economic Substance Regulations in the UAE - Part 2
As per the recent Economic Substance Regulation, UAE onshore and free zone companies and other UAE business forms (referred to as “Licensees”) are required to notify to the Relevant Authorities as to whether they are conducting the relevant activity or not as per the regulation and required to file the necessary details as mentioned in the Notification form.
Navigating the impact of Coronavirus on your business
Join us in an informative and thought-provoking webinar on Monday 6 April at 3 PM Gulf Standard Time, to navigate the impact of the coronavirus on businesses and explore ways for a better chance of survival.
Does Corona Virus qualify as a Force Majeure Event?
Does Corona Virus qualify as a Force Majeure Event - UAE & KSA perspectives.
Het openen van een zakelijke bankrekening in de Verenigde Arabische Emiraten.
Wij hebben de expertise om uw zakelijke bankrekening te openen en wij helpen u graag bij dit proces, zodat u waardevolle tijd, geld en energie kunt besparen!
NHBC authorized reseller of International Free Zone Authority
New Horizons Business Consultants DMCC is an official authorized reseller of the International Free Zone Authority (IFZA), a new Free Zone based in the heart of Fujairah.
UAE – the right jurisdiction for your FinTech or Blockchain related business?
The UAE continues to strengthen its position as a hub for FinTech startups as the country is home to highest number of startups and investments into this sector, thanks to government support and initiatives taken by financial Free Zones in Dubai and Abu Dhabi.
Entrepreneurship and SMEs: future in the UAE
Since 2002, SMEs have been in the forefront to mobilise support for entrepreneurial ideas and initiatives from the government and the private sector in the UAE. Many entrepreneurs have benefited from start-up, advisory and development services which the UAE offers.
Oportunidades ilimitadas para hacer negocios en los EAU
New Horizons Business Consultants (NHBC Dubai) es una empresa especializada en la puesta en marcha de negocios en los Emiratos Árabes Unidos (EAU). Nos hemos percatado de la creciente tendencia por parte de empresas europeas y de América Latina interesadas por el marco fiscal favorable del país, de poder expandir sus negocios utilizando Dubai como centro.
Intraprendere un'attività negli Emirati Arabi Uniti
Forse hai contemplato un’opportunità di crescita aziendale o espansione in nuovi mercati. O forse stai cercando un modo migliore per ottimizzare la tua attività? Vorremmo darti maggiori informazioni sul fare affari a Dubai, negli Emirati Arabi Uniti, sulle Zone Libere e fornirti alcune informazioni, che potrebbero essere utili a te e alla tua azienda!
Ireland, Brexit and the UAE
In anticipation of Brexit, many Irish companies are looking for back-up solutions as the current situation is unprecedented and the future unknown. A setup in the UAE might be the ideal solution for you.
Zakendoen in de Verenigde Arabische Emiraten
Wellicht heeft u nagedacht over verschillende groeimogelijkheden voor uw bedrijf of uitbreiding naar nieuwe markten en regio’s. New Horizons Business Consultants helpt u met uw internationale ambities en informeert u graag over ondernemen in Dubai en de Verenigde Arabische Emiraten!
The impact of SMEs on the UAEs economy
You’ve had your "eureka moment" and have decided to setup your own company. What are the next steps? And how do you turn your ideas into your very own business? Perhaps you should look at the UAE as a business-friendly hub to setup your business, rather than Europe? What would make sense from a tax perspective? Where should I start?
UAE Cabinet approves long-term visa system
UAE Cabinet approves long-term visa system. The decision aims to maintain the position of the UAE as an optimal business environment. Long term visas will be granted to investors, entrepreneurs, specialists in the medical, scientific, research and technical fields and outstanding students.
EXPO 2020 Dubai UAE
The 35th universal World Expo will be held in Dubai from 20 October 2020 to 10 April 2021. It is the first World Expo to be held in the Middle East. Under the motto ‘Connecting Minds, Creating the Future’, with this being expressed into three sub-themes: Mobility, Sustainability, and Opportunity, 170 countries will present their ideas, innovations and technologies.
Dubai – The World’s First Smart City
The Smart Dubai initiative is to make Dubai the happiest and smartest city on earth. Its initiative presents huge opportunities for European businesses.
An introduction to doing business in the United Arab Emirates
Perhaps you’ve been contemplating business growth opportunities or expansion into new markets. Or maybe you’re looking for a better way to optimize your business? We would like to give you more insight into doing business in the United Arab Emirates!
Opening a corporate bank account in Dubai made possible!
At NHBC, we have excellent contacts at all major UAE local banks and we therefore know which documents are required and can push for your corporate account opening without any hassles.