Establishing Business in UAE
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Reigniting Growth in Central and Eastern Europe Eastern and Central in Growth Dawn:A New Reigniting
McKinsey Global Institute McKinsey Global Institute A new dawn: ReignitingA new dawn: growth in Central and Eastern Europe December 2013 A new dawn: Reigniting growth in Central and Eastern Europe The McKinsey Global Institute The McKinsey Global Institute (MGI), the business and economics research arm of McKinsey & Company, was established in 1990 to develop a deeper understanding of the evolving global economy. MGI’s mission is to provide leaders in the commercial, public, and social sectors with the facts and insights on which to base management and policy decisions. MGI research combines the disciplines of economics and management, employing the analytical tools of economics with the insights of business leaders. Its “micro-to-macro” methodology examines microeconomic industry trends to better understand the broad macroeconomic forces affecting business strategy and public policy. MGI’s in-depth reports have covered more than 20 countries and 30 industries. Current research focuses on six themes: productivity and growth; the evolution of global financial markets; the economic impact of technology and innovation; natural resources; the future of work; and urbanisation. Recent reports have assessed job creation, resource productivity, cities of the future, and the impact of the Internet. The partners of McKinsey fund MGI’s research; it is not commissioned by any business, government, or other institution. For further information about MGI and to download reports, please visit www.mckinsey.com/mgi. McKinsey in Central and Eastern Europe McKinsey & Company opened its first offices in Central and Eastern Europe in the early 1990s, soon after the momentous democratic changes in the region. McKinsey played an active role in the region’s economic rebirth, working with governments, nonprofits, and cultural institutions, as well as leading business organisations. -
Guide to Doing Business in the United Arab Emirates
CANADA-UAE BUSINESS COUNCIL GUIDE TO DOING BUSINESS IN THE UNITED ARAB EMIRATES 1ST EDITION This document offers an overview of each federal government’s strategies and initiatives, key organizations, main women’s events & key people. This Canada-UAE Business Council Guide to Doing Business in the United Arab Emirates is intended UAE to educate Canadians interested in conducting FACT SHEET business in the United Arab Emirates (UAE). The Guide gives an overview of the UAE—its government structure, demographics, and economy. It presents considerations for business, including reasons to do business in the UAE, business etiquette, establishing a business, labour laws, and taxation. It also incorporates a section on Canada-UAE commercial relations to provide context for the broader bilateral business relationship. This Guide is not an exhaustive resource on every FOUNDED aspect of doing business in the UAE and therefore should only be used as a starting point for Canadian businesses exploring potential opportunities in 1971 the UAE. It is not a substitute for specific business ST or legal advice. Section 12 provides a list of FOUNDER/1 PRESIDENT RELIGION organizations in both the UAE and Canada that can HIS HIGHNESS SHEIKH ZAYED OFFICIALLY ISLAM; be contacted for further information and assistance. BIN SULTAN AL NAHYAN OTHER RELIGIONS PRACTICED This Guide was inspired by the US-UAE Business POLITICAL SYSTEM Council Guide to Doing Business in the United Arab LANGUAGE Emirates CONSTITUTIONAL FEDERATION OFFICIALLY ARABIC; designed for American businesses. The (THE MONARCH OF ABU DHABI IS THE HEAD OF STATE) Canada-UAE Business Council (CUBC) developed ENGLISH IS WIDELY SPOKEN this Guide after reviewing dozens of other similar FEDERATION GDP guides published by various trade and investment SEVEN EMIRATES entities and law offices active in the UAE. -
Understanding Free Trade Zones
Understanding Free Trade Zones CA. Sameer Kashikar ACA, MBA Table of Contents Page Topic No. Free Trade Zone - An Introduction 1 Benefits of Free Trade Zones 2 UAE And Free Trade Zones 3 Jabel Ali Free Zone – A Pioneer 4 List of Free Zones in UAE 5 UAE Free Zones & VAT 7 Free Trade Zone - An Introduction A Free trade Zones (FTZ) also known as Free Economic Zones (FEZ), Free Economic territories (FEts) or Free Zones (FZ) are one or more areas of the Country where tariffs & quotas are eliminated, and bureaucratic requirements are lowered in order to attract companies by floating the incentives for doing business there. Free trade Zones are proved to be an effective & useful tool to develop new markets and to increase earnings from foreign trade. Most of the Free trade zones are located in developing countries. They are special zones where typical trade barriers such as import or export tariffs do not apply, bureaucracy is typically minimized by outsourcing it to FTZ operators. Companies can seek sheltered area best suited to their needs The organizations set up in the Free Trade Zones may be given tax breaks as an additional incentive. Mostly these zones are set up in the underdeveloped part of the country, the rationale that the zones will attract employers and thus economic activities will take place in that area thereby increasing employment and cashflow. 1 Free trade zones in Latin America dates back to the early decade of the 20th century. The first free trade regulations were enacted in 1920 in Argentina and Uruguay. -
Allcovered News CONTENTS Information to Help You to Manage and Grow Your Logistics Business
AllCovered HIGHLIGHTS TO HELP YOU THIS WEEK · Are Your High Performers Ready to Quit? · Association Health Plans… Down… Not Out · Cargo Theft Up So Insurance Rates Up NEWS · Cooperate to Cut Shipping Costs COPYRIGHT 2006 Monday, 9 October 2006 --- Edition #509 All Rights Reserved AllCovered-NEWS is sent free via email to all who request it designed to display as html or plain text as your email software requires Allcovered.net – PO Box 1439 – 304 MLK Jr Dr – Fort Valley, GA 31030 USA – Voice: +1.478.825.5566 DETAILED AllCovered News CONTENTS Information to help you to manage and grow your logistics business. THIS WEEK YOU DESERVE IT – WE DELIVER IT Allcovered.net … We have logistics Allcovered SMALL BUSINESS: Allcovered News is a service of Allcovered & the Allen Insurance Group Your Sources For: Cargo – Liability – E&O – Bonds – Trucking – Life – Health - Benefits Are Your High Performers Trouble viewing this? See this & past issues online in PDF format at: Ready to Quit? http://www.allcovered.net/AC-News-PDF.htm AHPs Down But Not Out > > SMALL BUSINESS SECTION < < Do Small Firms Pay Less for Benefits? SMALL BIZ – ARE YOUR HIGH PERFORMERS READY TO QUIT? According to a study by Leadership IQ, 47% of high performers are actively looking TRUCKING: for other jobs (they’re posting and submitting resumes, and even going on interviews). Keep Your While it’s terrible that almost half of high performers are thinking about quitting, Owner – Operators what’s perhaps even worse is that low performers want to stay. Only 18% of low performing employees are actively seeking other jobs, and 25% of middle performers Drivers’ Eyes Open for US are actively looking around. -
DMCC Pdtiproductioon Zone 14
ahesh Goyal & Associates Al Ali Auditing ahesh Management Consultants (Auditors & Business Advisors) Our Company Profile _________________________________________________ 3 About UAE ______________________________________________________________ 5 UAE Profile ______________________________________________________________6 Types of CiCompanies in UAE___________________________________________ 7 Business in UAE________________________________________________________ 9 Free Zones of UAE___________________________________________________ 10 Offshore Companies_________________________________________________ 11 About Dubai__________________________________________________________ 12 Dubai Free Zone______________________________________________________ 13 Sharjah__________________________________________________________________ 19 Abu Dhabi _____________________________________________________________ 20 Ras Al Khaimah ______________________________________________________ 21 Umm‐Al‐Quwain _____________________________________________________ 22 Ajman__________________________________________________________________ 22 Fujairah _______________________________________________________________ 23 Contacts us ____________________________________________________________ 24 Disclaimer: 1) Although the team of M Al Ali Auditing has made every effort to ensure that the information in this book was correct at press time, the team does not assume and hereby disclaim any liability to any party for any loss, damage, or disruption caused -
News Brief 35 Sun Day 28 August 2016
ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION NEWS BRIEF 35 SUN DAY 28 AUGUST 2016 RESEARCH DEPARTMENT DUBAI | ABU DHABI | AL AIN | SHARJAH | JORDAN IN THE MIDDLE EAST FOR 30 YEARS © Asteco Property Management, 2016 asteco.com | astecoreports.com ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION REAL ESTATE NEWS UAE GULF INVESTORS MAINTAIN INTEREST IN TURKISH PROPERTY DESPITE TURMOIL UAE CLADDING FIRMS INVEST IN UPGRADES TO PRODUCE MORE FIRE-RESISTANT PANELS THE FIVE IMPORTANT THINGS IN BUSINESS RIGHT NOW DUBAI SME PROFILE: BUILDING ENGINEERS FIND THEIR NICHE IN DUBAI MURRAY & ROBERTS GROUP TO CLOSE ITS CONSTRUCTION FIRM REGION’S WEALTHY TO CONTINUE DIVERSIFICATION INTO OVERSEAS PROPERTY HLG CHIEF RELEASED FROM CUSTODY AS HABTOOR EXITS JOINT VENTURE DUBAI’S DRAKE & SCULL SAYS IT HAS NOT HIRED ADVISER TO SEEK INVESTMENT ORASCOM SECOND-QUARTER PROFIT SLIDES SCAM ALERT: UAE WARNS RESIDENTS AGAINST FRAUD PROPERTY ADS DUBAI MUNICIPALITY SUPERVISES 25,000 BUILDINGS UNDER CONSTRUCTION REVEALED: TOP 5 LOCALITIES TO RENT AND BUY A HOUSE IN DUBAI HABTOOR LEIGHTON GROUP CHIEF EXECUTIVE ARRESTED IN DUBAI WOULD YOU PAY DH107 MILLION FOR THIS MINIMALIST PROPERTY MASTERPIECE? – IN PICTURES NEW MALL AT WORLD TRADE CENTER OPENS FOR MANHATTAN SHOPPERS DUBAI WATER CANAL, JEWEL OF THE CREEK AND OTHER INFRASTRUCTURE PROJECTS A BOON FOR CONTRACTORS ‘IMMINENT’ RISE IN DUBAI HOUSE PRICES AS CONDITIONS IMPROVE, NEW REPORT SAYS DUBAI DEVELOPER NAKHEEL BRINGS AN END TO DEBT RESTRUCTURING -
Schützenfest in Dubai
Nr. 17 JULI · AUGUST 2009 Juli · August 2009 Schützenfest in Dubai Super Mario schießt Deutschland zum Sieg Die höchsten Wasserspiele der Welt Dubai Fountain Eine gemeinsame und schlagkräftige Interessenvertretung Gründung der Deutsch-Emiratischen Industrie- und Handelskammer Traumurlaub im Die besten Tipps für die heiße Jahreszeit Die besten Tipps Indischen Ozean Reisetipp: Seychellen Die besten Tipps für die heiße Jahreszeit Sommer in den Emiraten Sommer Nr. 17 Nr. in den Foto: Spa, The Address, Downtown Burj Dubai Emiraten It passes through many hands before it‘s fit to be worn on yours. The Lady Serenade Chronograph - Rose Gold. Every Glashütte Original is painstakingly made by hand to create the most exquisite timepieces that will grace your hands. Like the Lady Serenade Chronograph. Enwrapped in a 38 mm rose gold case, this classic chronograph is both a functional companion for every day wardrobes and an extravagant accessory for formal wear. Find out more about us at www.glashuette-original.com The art of craft. The craft of art. Entdecken Sie neue Märkte Unser Angebot: Verlängerte „VAE-Einführungswochenenden“ in Dubai und Abu Dhabi für Unternehmer, Mittelständler, Existenzgründer und alle Interessenten. www.entdecke-vae.de Entdecke VAE Interkulturelle Seminare für Geschäftsleute EDITORIAL WIRTSCHAFT Jetzt wird’s heiß Sobald die Sommerferien in den Emiraten beginnen, leeren sich die Straßen merklich. Die meis- ten Europäer genießen ihren wohlverdienten Urlaub in heimatlichen Gefilden. Doch in diesem Jahr kehren viele Expat-Familien den VAE für immer den Rücken – in den meisten Fällen jedoch nicht freiwillig. Fluggesellschaften verkaufen vermehrt One-Way-Tickets. Umzugsfirmen sind im Dauerstress. Ziel: Heimat. Zukunft: ungewiss. -
2009 Annual Meeting
DIT SMEs Forum holding V INSME Annual Meeting April 20 – 23, 2009 Jumeirah Emirates Towers, Dubai, United Arab Emirates AGENDA “Building a Knowledge-based Eco-system for SMEs: Finance, Innovation, Technology and Networking” Co-hosted by: Dubai Institute of Technology International Network for SMEs (DIT) (INSME) TechnoPark In Partnership with: Media Partner: Investment Community Partner: - 1 - International Conference Day 1: Tuesday, 21st April 2009 Venue: Godolphin Section 1&2 09:00 -10:00 Registration & Welcome Coffee/Tea 10:00 –14:30 Morning Working Session 10:00 – 11:00 Opening Ceremony Welcome Statements from the main Hosts: - Ms. Salma Ali Saif Bin Hareb, CEO, Economic Zones World, UAE - Mr Abdul Baset Al Janahi, CEO, Mohammed Bin Rashid Establishment of Young Business Leaders, Dubai, UAE - Mr. Paolo Anselmo, President, International Network for SMEs- INSME Association, Italy - Mr. Ibrahim Al Mansouri, Deputy CEO, Khalifa Fund, Dubai, UAE - Mr. Anthony Clarke, President, EBAN, UK - Mr. Hamad Al Hashemi, Managing Director, Dubai TechnoPark-DIT, UAE 11:00 – 11:30 Exhibition Inauguration & Coffee/Tea Break Information booths from co-hosts and partners will be available at the conference venue during the event. 11:30-12:00 Introductory Session Speaker: Dr. Farouk El-Baz,, Director-Center for Remote Sensing, Boston University, USA: ”Towards value knowledge-based society: Dubai Institute of Technology”. - 2 - 12:00-13:30 Roundtable Session 1: SME Financing Moderator: Mr. Paolo Anselmo, President, International Network for SMEs- INSME Association, Italy. Keynote speaker expert on the topic: Mr. Christian Saublens, Executive Manager, EURADA, Belgium: ”SME Access to Finance: Strengthening the offer and improving the demand”. -
Doing Business in (Insert Country Name Here)
Doing Business in United Arab Emirates 2008 Country Commercial Guide for U.S. Companies INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE, 2008. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES. • Chapter 1: Doing Business In United Arab Emirates • Chapter 2: Political and Economic Environment • Chapter 3: Selling U.S. Products and Services • Chapter 4: Leading Sectors for U.S. Export and Investment • Chapter 5: Trade Regulations and Standards • Chapter 6: Investment Climate • Chapter 7: Trade and Project Financing • Chapter 8: Business Travel • Chapter 9: Contacts, Market Research and Trade Events • Chapter 10: Guide to Our Services 6/1/2008 Return to table of contents Chapter 1: Doing Business In United Arab Emirates • Market Overview • Market Challenges • Market Opportunities • Market Entry Strategy Market Overview Return to top The United States and the United Arab Emirates have a strong bilateral relationship, based on a joint commitment to the security and stability of the Gulf region. Our two governments also share many similar concerns on a host of other international issues. Exports in both directions have increased almost every year since the UAE, a federation of seven emirates on the Arabian Gulf, was founded in 1971. The prosperity of UAE citizens is based in great part on the country’s vast oil and gas reserves, most of which lie in the largest emirate and seat of the capital, Abu Dhabi. The UAE has nearly ten percent of the world’s proven oil reserves and five percent of proven gas reserves. Other emirates include Dubai, Sharjah, Ras al Khaimah, Fujairah, Ajman, and Umm al Quwain. -
Trade Information Brief &
d i A d s i u A s A u A & trade information brief & s s p p i i T T SADC SADC * Trade * Trade cut flowers & foliage t f e w Participation in international trade has become one of the most important factors in increasing the prosperity of countries. Yet for many developing countries, perhaps particularly for those in Sub-Saharan Africa (SSA), trade is viewed primarily from a defen- sive perspective, with a focus on the disruptive effects of imports rather than on the opportunities presented by increased access to world markets. A key reason is the existence of information market gaps that are often associated with trade facilitation and development in developing countries – information on the export pperformance and potential of many developing countries remains incomplete. The TRADE INFORMatiON SERVICE series of market briefs aims to contribute to bridging this information gap for existing producers in the Southern African Development Community (SADC) who may not have the financial resources to generate a fully fledged market research process. The briefs are not in- tended to act as the detailed export market intelligence that `successful exporting requires, but rather as a basic first-cut analysis of export prospects, to allow enterprises to make the de- cision on whether to initiate further market research. Each Trade Information Brief will cover a product cluster of partic- ular interest to members of SADC. The cluster may represent an existing key set of export products with potential for expansion, or a relatively new set where there is an indication of competitive advantage for the region. -
ÉMIRATS ARABES UNIS Étude Réalisée Dans Le Cadre De La Mission Économique Conjointe Présidée Par S.A.R
EXPORTER AUX ÉMIRATS ARABES UNIS Étude réalisée dans le cadre de la mission économique conjointe présidée par S.A.R. la Princesse Astrid, Représentante de S.M. le Roi 21 > 27 mars 2015 FORMALITÉS ET DOCUMENTATIONS D’IMPORTATION Page | 1 Table des matières RÈGLEMENTATION À L’IMPORTATION & DOCUMENTS À L’IMPORTATION AUX ÉMIRATS ARABES UNIS ................................................................................................................................................................. 3 A. CADRE GÉNÉRAL DE LA RÈGLEMENTATION DOUANIÈRE ............................................................... 3 1. Généralités .................................................................................................................................. 3 2. Cadre institutionnel ..................................................................................................................... 4 3. Cadre juridique et réglementaire général ................................................................................... 6 4. Approche pratique de la réglementation en matière d’importation .......................................... 8 5. Intégration internationale ..................................................................................................... 12 B. RÈGLEMENTATION DOUANIÈRE – FORMALITÉS À L’IMPORTATION ............................................. 15 1. Administrations compétentes ............................................................................................... 15 2. Cadre juridique ..................................................................................................................... -
2005-06-Annual-Report.Pdf
The Emirates Chairman & Chief Executive Emirates Airline & Group Group H. H. Sheikh Ahmed bin Saeed Al-Maktoum Chairman and Chief Executive, Emirates Airline & Group It has been another tough year with fuel pressure star of 2005", Arabian Business magazine; "An airline with continuously dampening our vibrant net income global ambitions takes off”, Wall Street Journal and "The production, but I am proud to say we returned our 18th greatest threat to Asian and European carriers," J.P. Morgan. consecutive profit for the airline, with the group returning a net profit of US$762 million (Dhs2.8 billion) I must stress that we have never set out to be a threat on a turnover of US$6.6 billion (Dhs24.3 billion). to any other airline. We believe in co-operation. We have never copied other airlines, nor imitated any Emirates’ net profit was US$674 million (Dhs2.5 business model, or joined any airline alliance. We have billion), while Dnata’s net profit was US$88 million concentrated on trying to provide a superb service for (Dhs324 million). our passengers and cargo customers. Our success was tinged with sadness as Sheikh The Emirates Group is more than an airline and no less Maktoum bin Rashid Al-Maktoum, passed away in than 7,067 employees work for Dnata at the Dubai January. He will be greatly missed by the UAE and International Airport and in their travel related business. Dubai but we know that the new ruler, His Highness We are also the majority owners of Emirates Flight Sheikh Mohammed bin Rashid Al-Maktoum will Catering and other concerns, all which have separate continue to carry out the visionary plans of their father, finances, whose results are included in this report.