The United Arab Emirates (UAE) continues to solidify its position as a global business hub, offering 100% foreign ownership and a strategic location bridging East and West.
Furthermore, now that free zone companies have the options to operate across the emirate, entering the UAE market sounds more rewarding and requires a deep understanding of local regulations, tax structures, and strategic planning.
To navigate this landscape effectively, Nimbus Consultancy is hosting an insightful webinar designed to equip entrepreneurs and investors with the knowledge to expand confidently into the UAE.
Who Should Attend?
This webinar is meant for:
- Business Owners and Entrepreneurs aiming to establish a presence in the UAE.
- Investors seeking up-to-date information on the UAE’s tax system and compliance requirements.
- Professionals interested in understanding the intricacies of the UAE’s business environment.
Things You’ll Learn in This Webinar:
1. Licensing & Business Structures
- Mainland vs. Free Zone vs. Offshore: Understand the distinctions between these jurisdictions and determine which aligns best with your business objectives.
- Legal Entities: Explore various legal structures, including Limited Liability Companies (LLCs), and their implications for foreign ownership and operations.
- Common Pitfalls: Identify frequent mistakes in the application process and learn strategies to avoid them.
2. The Setup Process: Steps and Timelines
- Comprehensive Overview: From selecting a business activity to obtaining the necessary approvals, gain insights into each phase of the setup process.
- Documentation and Approvals: Learn about the essential documents required and the typical timelines for approvals.
- Expert Guidance: Discover how professional assistance can streamline the setup process and mitigate potential challenges.
3. Taxes, Compliance & Hidden Costs
- Corporate Tax: As of June 1, 2023, the UAE introduced a 9% corporate tax on taxable income exceeding AED 375,000. Understand its implications for your business.
- Value-Added Tax (VAT): A 5% VAT applies to most goods and services. Grasp the compliance requirements to ensure smooth operations.
- Additional Expenses: Beyond registration fees, be aware of other costs such as regulatory compliance and operational expenses.
4. Employment Regulations: Navigating Emiratisation
- Emiratisation Program: Understand the policies encouraging the employment of UAE nationals in the private sector.
- Compliance Requirements: Learn how to align with Emiratisation mandates to avoid potential penalties.
- Industry-Specific Obligations: Identify sectors with specific hiring requirements and how they may impact your business.
Why This Webinar is Worth Your Time?
– Practical Insights: Receive actionable information devoid of unnecessary jargon, focusing on real-world applications.
– Strategic Guidance: Leave with a clear roadmap for successfully launching and operating your business in the UAE.
Don’t miss this opportunity to gain a competitive edge in the UAE market. Register now to secure your spot!