The Secretariat General for Taxation (SGT) is responsible for applying and regulating the relevant taxation laws in Oman. Tax Investigation and Assessments are made by the Directorate General within the SGT. Both the Secretariat General for Taxation (SGT) and the Directorate General departments are considered branches of the Ministry of Finance of Oman. Read more
PRO Partner Group Blog
Choosing the right location and company structure in the UAE is dictated by the activities a business wishes to carry out, who its target customers are, and where they are located. If your activities, products, services and target customers dictate that you must establish a Mainland UAE entity then as a Foreign Company you have two options: to set up as a Limited Liability Company (LLC) or as a Foreign Branch. Read more
The healthcare sector in the UAE is growing just as it is around the world. The tax-free environment of the UAE, along with one of the world’s strongest economies, make it an ideal location to open a healthcare business. Spending on medical care is expected to top AED100 million by 2021. Much of the growth in the region comes from a move to preventative care and new interest in specialist care. For foreign investors and entrepreneurs, now is the time to open a healthcare company in the UAE, including Abu Dhabi and Dubai. The businesses you open can include a healthcare facility, a specialty practice, or a medical instrument importation business. While these healthcare businesses are diverse and often require different licensing, many of the steps are the same. Read more
The future of energy is renewables. Millions of entrepreneurs around the world are starting renewable energy companies to move our energy supply into the 21st century. UAE is one of the most dynamic places in the world for renewable energy companies. Each year, Abu Dhabi is host to the World Future Energy Summit. The 2020 summit in mid-January was the largest in the world. Already, the next summit is planned for 18 - 21 January 2021. Read more
Financial Technology more commonly known as FinTech is the use of new and improved technology in the financial services sector including education, e-commerce and investment management in order to improve efficiency of financial processed by using technology and specific algorithms. According to the Global Fintech Market report the market is quickly growing and is expected to reach a value of $305.7 billion by 2023. Read more
EXPO 2020 will reshape the way business is done in the UAE; the event will positively impact the Gulf Cooperation Council (GCC) and wider Middle East, and Africa Asia region. As the first-ever EXPO to be held in the region, EXPO 2020 will definitely have an impact beyond the borders of Dubai and the UAE. Experts say beyond commerce, there is a significant human development dimension to the EXPO, with job and investment creation expected to benefit the regional economies. The construction, tourism, leisure and hospitality sectors have obvious potential to benefit from development spending and job creation. Technological Innovations in alternative and conventional energy as well as engineering, logistics and Urban Planning will likely see many opportunities. Read more
Drones and aerial photography are the latest thing around the world. From real estate companies to wedding photographers, wildlife enthusiasts to professional photographers, it seems like everyone has a drone. In order to fly your drone in the UAE, even for personal purposes, you must register with the GCAA (General Civil Aviation Authority) and DCAA (Dubai Civil Aviation Authority). Sovereign PPG helps you get all of your paperwork done faster and with a lot less hassle than doing it yourself. Read more
Para obtener una licencia comercial en Los EAU ya sea en el continente o en una zona franca, es necesario abrir una cuenta bancaria corporativa. Hay numerosas opciones y los EAU son conocidos como un centro financiero. Sin embargo puede ser un proceso bastante complicado. Read more
Dubai has emerged as a leading regional commercial hub and has grown to become a leading global business hub, commanding a key position in the global real estate, tourism and business markets with state-of-the art infrastructure and a world-class business environment. It has now become the logical place to conduct business in the Middle East, providing investors with a unique and comprehensive value-added platform. With its strategic location, sophisticated free enterprise environment and strong economic position, Dubai is the ideal base for multinationals. Read more
To ease congestion at peak hours and to entice individuals to utilise public transport, the Abu Dhabi government have introduced toll gates on all major bridges in and out of Abu Dhabi city. Read more