This article will provide you with crucial information on how to get a cryptocurrency license via Dubai Multi Commodities Centre (DMCC) The UAE government recognizes the potential benefits of cryptocurrencies and blockchain technology, such as increased transparency, efficiency, and transaction security. In 2019, the UAE government...
In this article, you will see the benefits of obtaining a DIFC Category 4 License in UAE. The Dubai International Financial Centre (DIFC) is a renowned financial free zone that offers numerous opportunities for companies to establish and grow their businesses. One of the key offerings...
This article highlights how you can obtain a fund management license through the DIFC Specialist fund management services are becoming more necessary in the Middle East and North Africa, (MENA) region due to the growing pools of wealth. Both institutions and high-net-worth individuals seek experts based...
This article covers the family offices in the United Arab Emirates. The UAE has established itself as a center for family wealth, experiencing a 20% growth in financial wealth in the region in 2021, which is higher than the global average of 11%. In 2021, around...
This article will help you understand how to get an EMI License in the UAE. Electronic Money Institutions (EMI) are authorized to provide financial services to third parties and store their funds in segregated accounts. Being nimbler and swifter in their processes, EMIs have carved their...
Dubai is ranked as the seventh-best FinTech hub, and Dubai International Financial Centre (DIFC) is the heart of that success. It is perfectly positioned to drive growth and serve as a stage to access new opportunities. DIFC is home to an internationally renowned, independent regulator and...
This article compares two mechanisms for managing wealth in the UAE: Trusts and Foundations. UAE Trust Trusts can be compared to a deposit box for a person's assets. Trusts can be integral to wealthy families' asset protection, wealth management, and succession planning strategies. They can also provide...
Understand the concept of the UAE Foundation A foundation is an autonomous legal entity that is separate from its founder. The foundation consists of council members and the founder. The foundation's founder allocates assets to the foundation, which are treated as separate from those belonging solely...
If you're an aspiring entrepreneur or business leader looking to expand your company's reach internationally, Dubai is a great spot to set up your business. Due to its favorable tax system, Dubai is an excellent choice for any entrepreneur looking to start a firm. Whereas,...
Read this article to learn about the VAT (Value Added Tax) filing process for a business established in Dubai. What is Value Added Tax (VAT) Value Added Tax (VAT) is a consumption tax charged on a wide range of goods and services. More than 160 countries use...