Latest News & Updates

Stay tuned for the latest insights, innovations, and announcements from Fanar Advisor.

Fanar Advisors signed Channel Partner Agreement with as Ras Al Khaimah Economic Zone (RAKEZ)

We had an amazing meeting with Ras Al Khaimah Economic Zone (RAKEZ), where Mr. Saad Ataullah shared some incredible insights with Komal Dhoot Muhammad Larik and Labeena Tauqir!

Fanar Advisor signed Channel Partner Agreement with as RAK Digital Assets Oasis

We had an amazing meeting with RAK Digital Assets Oasis, where Mr. Omar Alsalem shared some incredible insights with Komal Dhoot Muhammad Larik and Labeena Tauqir!

Dynamic Business Collaboration with SPC Free Zone 🤝

We recently partnered with SPC Free Zone and were warmly welcomed by their amazing staff.

Exciting Collaboration in the Making! 🚀

Fanar Advisor and SPC Free Zone came together for a strategic meeting to explore collaboration opportunities for business setup in UAE.

Frequently Asked Question

What are the benefits of setting up a business in the UAE?

The UAE offers several benefits for business owners, including:

· Strategic location: The UAE is a major trade hub between the East and West.

· Tax benefits: There is no corporate income tax for most businesses in the UAE.

· 100% foreign ownership: In some free zones, you can own a business outright as a foreigner.

· Ease of doing business: The UAE has a streamlined business setup process.

What are the different types of business licenses in the UAE?

Mainland License: This allows you to operate your business anywhere in the UAE.
Free Zone License: This allows you to operate your business in a designated free zone with special tax benefits and regulations.
Branch License: This allows you to set up a branch of an existing foreign company in the UAE.

What are the steps involved in setting up a business in the UAE?

The steps involved in setting up a business in the UAE will vary depending on the type of license you choose. However, the general process will involve:

Choosing a business activity
Selecting a company name
Applying for a business license
Opening a corporate bank account
Completing visa formalities (if required)

What are the visa requirements for setting up a business in the UAE?

The visa requirements for setting up a business in the UAE will depend on your nationality and the type of business license you choose. In most cases, you will need to apply for a business visa.

What are the tax implications of setting up a business in the UAE?

There is no corporate income tax for most businesses in the UAE. However, there are other taxes that may apply, such as VAT (Value Added Tax).

Fanar has been the premier and reliable business setup consultant in the Middle East, offering crucial assistance to entrepreneurs and SMEs.

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