Ubo Faqs

Opening a bank account in the UAE has become a key step for individuals and corporate structures looking to operate efficiently across borders. The process is well regulated, increasingly digital, and when approached correctly it is highly effective for both personal and investment purposes. Whether opening a personal account or a business bank account UAEContinue reading "Opening a Bank Account in the UAE: A Practical Guide for Private Clients and International Structures" Read more

Economic ties between Asia and the Middle East are expanding beyond energy into trade, investment, infrastructure and financial connectivity. Rising capital flows, government-backed investment frameworks and growing links between financial centres such as Hong Kong, Dubai and Abu Dhabi are reshaping cross-border business and investment activity between the regions. Read more

Bahrain has approved the commercial rollout of Starlink satellite internet services, allowing nationwide deployment for businesses, government entities and offshore operations. The move strengthens digital infrastructure and provides an additional layer of connectivity resilience for companies operating in Bahrain. Read more

Expired Iqamas or exit/re-entry visas can create serious operational disruption for companies in Saudi Arabia, particularly when employees are outside the Kingdom. For General Managers, expiry issues can restrict access to government systems, delay renewals and in some cases require the full visa process to be restarted. Read more

Insurance demand in the UAE is rising as residents stay longer, build assets locally and shift financial planning onshore. Growth is being driven by property ownership, business expansion and retirement planning, leading to broader use of life, health and liability cover across individuals and companies. Read more

Saudi Arabia’s Qiwa platform now requires employers to submit supporting documents when registering employment contracts backdated by more than one month. This applies to GOSI validation and is intended to improve compliance, accuracy of employee records and alignment with labour regulations. Read more

The UAE has introduced an R&D tax credit of up to 50% on qualifying expenditure, directly reducing corporate tax liability for eligible businesses. Unlike deductions, this incentive provides a more immediate financial benefit and signals a shift towards supporting innovation, technology development and intellectual property creation. Read more

Dubai’s latest economic support measures introduce a three-month deferral on selected government fees to improve business liquidity and support continuity. While payments can be postponed, all compliance obligations remain unchanged, meaning businesses must continue meeting regulatory requirements while managing deferred costs. Read more

The GCC aluminium sector is facing disruption as shipping constraints through the Strait of Hormuz impact raw material flows and export routes. Producers are adjusting logistics, output and routing strategies to maintain supply, while global prices and delivery timelines react to tighter availability. Read more

Saudi Arabia now requires companies appointing General Managers from certain nationalities to meet a minimum capital threshold of over SAR 200,000 for visa approval. This applies to candidates from Turkey, Lebanon and Yemen who are not existing Iqama holders, with compliance required at the final approval stage. Read more