Blog

RAK International Corporate Centre or (RAKICC) is a Corporate Registry based in Ras Al Khaimah. Registering and incorporating International Business Companies (IBC), it also provides a full range of services for all IBC-related activities. Adhering to the highest international standards, RAKICC offers a variety of solutions to IBCs around wealth management and asset protection. It […]

If you’re looking to start a business in the UAE, the first step is to explore the nation’s free zones. All offer 100% customs tax exemption and zero currency restrictions, as well as allowing entrepreneurs to repatriate all capital and profits back to their country of origin. This is, of course, on top of the […]

Low cost is certainly not the first thing that springs to mind when you think of Dubai. The emirate’s sprawling metropolis, imposing skyline and luxury landscape send the opposite message. However, Dubai is not all about bright lights and big business. There are plenty of startups, freelancers and micro-businesses here too. Dubai’s welcoming business environment, […]

As part of its recent budget announcement, the Indian government has outlined changes to the classification of Non-Resident Indians (NRIs). Previously, NRIs were citizens who reside outside of India for the majority of the year, and therefore do not pay income tax in the country. However, this is no longer the case. Now, NRIs will […]

Freelancing is growing in popularity around the world. One in three workers in the US is freelance while 14% of Europe’s working age population are reported to be self-employed. Here in the UAE, we are seeing a similar spike in freelance numbers. A recent survey found that one in ten UAE residents was either already […]

There’s a reason why Dubai, and the wider UAE, is a popular base for trading businesses. With great links to surrounding countries by road and direct links to the rest of the world by sea and air, the UAE is the perfect place from which to trade. Add to this a 0% corporate and personal […]

If you’ve ever worked in the UAE, you’ll be well aware of the popularity of consultancy. Consultants provide a valuable service, guiding and advising the nation’s businesses – promoting growth, stability and profitability. But of course, consultants are not a local phenomenon. The global management consulting market is vast, topping USD 275bn in 2018 and […]

Free zones are a fundamental part of Dubai’s welcoming and encouraging business environment. While businesses setting up on the mainland can benefit from 0% corporate and personal tax, free zone businesses are afforded a number of other advantages on top of this. These include zero currency restrictions, the ability to repatriate all capital and profit […]

Dubai and the wider UAE are home to an array of free zones offering distinct advantages to the businesses and entrepreneurs that set up within them. While all offer 0% tax on corporate and personal income, zero currency restrictions, the ability to repatriate all capital and profit and customs tax exemption, each individually also has […]

If you’re considering starting a business in the UAE, you’re likely already aware of the numerous advantages of doing so – 0% tax, a great trading location, world class infrastructure, to name just a few. What you may be less versed on, however, are the differences between the emirates and the numerous free zones within […]