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December 2016
setting up a business in dubai

Mapping the Path to Setting Up a Business in Dubai

When starting on your path to setting up a business in Dubai, it’s helpful to have a compass to point you in the right direction. Preparing a road map for your journey can save you time, money and a lot of headache, as many aspects of this endeavor are difficult to navigate without a good understanding of Dubai’s business environment....
attested

Getting Documents Attested for Business in the UAE

Any undertaking by an individual or mutual agreement between two or more parties may require a certificate attestation. When setting up a business in Dubai it is crucial to have an understanding of which documents you will need from your home country that need to be translated, attested and legalised in the UAE. In general these documents may include...
sharjah

Top Emerging Business Destinations – Sharjah

Its location, affordable real estate, open business environment and booming population make Sharjah the perfect place to set up a company in the U.A.E. Explore this article to discover the advantages of setting up your company in Sharjah. Sharjah has engaged in a considerable modernisation drive to renew its appeal to international investors through diversifying its industries. Although the UAE accounts for 10% of...
ras al khaimah

Top Emerging Business Destinations – Ras al Khaimah

Compared to the glamour and opulence of its neighbour, Dubai, Ras Al Khaimah does not get nearly the amount of publicity it deserves. Although Ras al Khaimah is hailed for its natural beauty and touristic magnetism, it’s not typically brought up in topic of business. If you’re an entrepreneur seeking to expand into emerging markets abroad, there are crucial elements why this...
free zones

Free Zones and How they Affect Dubai’s Economy

With much credit due to Dubai’s Free Zones, today, Dubai is one of the world’s leading business destinations for entrepreneurs, investors, startups and corporations. The city has set the standard for banking and business within the region and, arguably, across the globe. An incredibly impressive accomplishment when you consider the age of this City and its humble beginnings. One of the...
Free Zone

Which Free Zone is Right For You? See This Chart

Particulars Jebel Ali Free Zone Dubai Airport Free Zone Dubai Media City Free Zone Dubai Internet City Free Zone Dubai Health Care City Free Zone Location Dubai Dubai Dubai Dubai Dubai Infrastructure Quality (1-5) 4.5 4.6 4.7 4.7 4.7 Nature of Licenses Trading Trading Media & Marketing Software, Internet and Multimedia Health Care Service Service Event Management Telecom and...
November 2016
uae offshore banking

The Benefits and Myths of UAE Offshore Banking

There are many benefits to UAE offshore banking if you’re a expat. Read on to see a list of what we believe to be the top 7. 1. Security By using an offshore bank, based in a highly regulated, transparent jurisdiction with statutory protections for investors, such as the UAE, you can feel secure in the knowledge that your money is...

Not Sure if an Offshore Bank Account is Right for you?

Most of us feel safest when we’re in the comfort of our own home. This is because we’re familiar with our surroundings and we understand it. It can be difficult when moving overseas, as an expat, to trust people and a system that we do not fully understand; especially with something as important as our financial security. Read: 3...

3 Reasons All Expats Need Offshore Banking

You may think the biggest risk to your finances is credit card debt or a beyond-your-means lifestyle preference. However, if you are a UAE expat, there is a far greater risk to your (and your family’s) financial well-being and security. What is it? Many are surprised to discover it’s your own bank account. UAE expats who are new, inexperienced...
uae residency visa

3 Ways to get a UAE Residency Visa

The UAE is, by far, one of the most attractive destinations in the world to reside. It offers those who reside hear the benefits of a luxury lifestyle, numerous business opportunity and world-class amenities. A high standard of living, coupled with economic and personal safety makes the UAE Residency Visa a highly valuable document to have. Relative to its value,...
branch office in dubai

How to Setup a Branch Office in Dubai

Setting up a Branch Office in Dubai Under the Commercial Companies Act Number 8 of 1984, a branch office of a foreign company in not considered to be a separate entity. It is simply a representative office of the parent company and shall undergo all business activities under its original name. A branch office may promote and market the products or...
uae company

Why Seek a Local Agent for UAE Company Setup

UAE company formation agents, such as Zola Group, play a key role in assisting foreign nationals and expats incorporate in the UAE – efficiently, cost-effectively and without hindrance. Their role is more consultative and advisory than anything else. Investors quickly realise the importance of having local knowledge when they begin the process of researching the opportunity of setting up...
uae offshore company formation

UAE Offshore Company Formation – Who’s it For?

UAE offshore company formation has become increasingly popular among wealthy individuals who desire to protect their financial assets in a safe and secure, tax free jurisdiction. The legislation, which governs Dubai Offshore Companies, was enacted in Jebel Ali Free Zone (Jafza) in Dubai in May 2003. It provides for a secure environment for investors without the levels of unnecessary...
start a business in UAE

10 Reasons to Start a Business in UAE

  Start a Business in UAE There are several reasons to start a business in UAE; so much so, that narrowing them down to just ten is a challenge. Since its founding in 1971, the UAE has provided a safe-haven for ambitious business minded individuals and companies from around the world. Even today, the drive to establish success in the UAE...
free zone company

Free Zone Company vs Free Zone Establishment (FZ-LLC vs FZE)

A Free Zone Company is a fantastic option for business owners who want to setup in Dubai. Dubai is arguably one of the world’s fastest growing business destinations. Historically, it is one of the youngest cities in the world to have evolved so rapidly. The success shared by many business owners in such a short period of time is...
freezone company costs

Dubai Freezone Company Costs and Requirements Explained

Setting up as a freezone company in Dubai is an economical choice for business owners. Freezone company costs are typically lower than local company costs. Business owners choose to open freezone companies instead of local companies mainly because they prefer to operate with 100% ownership. This is dissimilar to local companies, which only allow up to 49% ownership by...
uae offshore bank account

Everything you Need to Know About Opening a UAE Offshore Bank Account

Opening a UAE offshore bank account can offer businesses a beneficial means of managing their money effectively. Companies with larger assets may consider placing a portion of their assets into an offshore bank account as a form of asset protection. One benefits to this, is that offshore banks have little to no taxes, which is one of the main reasons opening a UAE...
different types of bank accounts in dubai

The Different Types of Bank Accounts in Dubai and their Requirements

There are many different types of bank accounts in Dubai. The most common being a personal account, which is usually used as an employee salary transfer account. Other account types include offshore bank accounts, corporate/company bank accounts, private bank accounts. Whichever type of account you choose, you should get to know the requirements for the different types of bank...
how to start a business in dubai

How to Start a Business in Dubai or UAE

It’s quite a common question. How to start a business in Dubai is actually one of the most common inquiries we get a Zola Group. It’s a valid question that has many answers, depending on the entrepreneur’s needs. It’s also a general question which is difficult to answer without context. In this article, we’ll discuss how to start a...
business setup in dubai

Business Setup in Dubai – A Guide for Entrepreneurs

Just as with most highly rewarding entrepreneurial markets, business setup in Dubai will require a fair amount of research and planning. In Dubai setting up a business is not difficult, although it can be confusing. Navigating the different laws in each business jurisdiction and deciding on the best business license that best suits your needs is something that every...
October 2016
sobha hartland villas

Dubai Real Estate Spotlight – Sobha Hartland Villas

Sobha Hartland Villas is an extraordinary freehold community that hosts a wide range of modern villas. With four different floor plans to choose from, this project provides comfort and luxury in the center of Dubai. It has also been hailed as one of the most promising investments that currently exist in Dubai real estate. A significant reputation and a hot selling point among...
property for sale in dubai

Finding the Right Property for Sale in Dubai

If you’re in the market for a new or secondary market property in Dubai, you may have already become overwhelmed by the process. This brief guide aims to give you a starting point as to where to begin searching for your perfect property for sale in Dubai. The Dubai property market likes to segregate properties by the following criteria:...

Flats for Sale in Dubai – Luxury that Won’t Break the Bank

Dubai is synonymous with luxury. It’s one of the few cities in the world that makes it a mission to out-luxury every other destination, in every aspect. Dubai has become known for super cars, super yachts, and super towers that exceed the height of most mountains. In the city of extreme opulence, boasting the most luxurious homes in the...
buy property in dubai

When to Buy Property in Dubai – Why Timing is Everything

Over the years, Dubai has seen its fair share of sharp ups and downs in the real estate market. It’s almost certain that no investor, not even Dubai’s most infamous real estate tycoons, can accurately predict the rise and fall of the market. Though, even without this kind of knowledge, top investors still play the market and profit greatly from...
arabian ranches phase 2

Dubai Real Estate Spotlight – Arabian Ranches Phase 2

About Arabian Ranches Phase 2 Arabian Ranches Phase 1 has long been one of Dubai’s most sought after residential developments. It has successfully set the benchmark for luxurious, serene, communities in Dubai and maintains the high quality expected from Emaar, the developer and Arabtec, the contractor. Although phase 1 was an overwhelming success, there has recently been an increased...

The Best Investment Villas for Sale in Dubai

Buying villas for sale in Dubai continues  to be one of the most proven-profitable property investments in the world. Expat real estate investors agree that investing in Dubai property is safer, more reliable and more rewarding than investing in their home countries. The preferential treatment Dubai gets from its global investors did not come overnight, nor did its overwhelmingly positive reputation....
September 2016

Avoid Portals When Seeking Apartments for Sale in Dubai

It’s not difficult to locate apartments for sale in Dubai. Several property portals are inundated with new listings in Dubai, daily. It’s as easy as hopping on a property portal, filling in your property criteria and sifting through the hundreds, or thousands of options that meet your requirements. So why did we feel it was necessary to write this...
akoya imagine

Dubai Real Estate Spotlight – AKOYA Imagine by DAMAC

About AKOYA Imagine by DAMAC Properties DAMAC Properties has long been a leading property developer in the Dubai real estate landscape. With previously successful property launches in their repertoire, the master developer is now turning their attention to the second phase of the AKOYA Imagine project, set for handover in Q3 2019. The first phase saw popularity, with global...
buy a villa in dubai

Read Before you Buy a Villa in Dubai: 3 Tips from Investors

Looking to buy a villa in Dubai? It’s a significant financial decision for most individuals but it is highly profitable and widely considered a secure investment option by top investors. Although villa purchases are quite common, with thousands of real estate transactions every month in Dubai, it is far from simple. In fact, a large number of transactions are...
investment in dubai

Leasehold vs Freehold for Investment in Dubai

What is Freehold property vs. Leasehold property? In a first-of-its-kind initiative in 2001 the Dubai government permitted 99-year ownership of Dubai real estate for non-GCC nationals. This was known as leasehold ownership. In 2002 Dubai Crown Prince, Sheikh Mohammed bin Rashid Al Maktoum, issued the freehold property decree, permitting non-GCC and non-UAE nationals 100% ownership in specific areas within Dubai,...
act 1 act 2

Dubai Real Estate Spotlight – Act 1 | Act 2 is Spectacular

With the launch of The Dubai Opera and Act 1 | Act 2, a slew of international attention has been directed at the exquisite Opera District in Downtown Dubai. Investors looking to get in early on this history-making project are waiting in anticipation for a last chance to own a piece of Emaar’s latest group of residences, which are...
studio apartment in dubai

Buying a Studio Apartment in Dubai? Here’s 3 Quick Tips for Success

Buying a studio apartment in Dubai is a great, low entry barrier investment for first-time investors looking to break into the highly profitable Dubai real estate market. Studio apartments are considered a safe investment choice for their high occupancy rates. Because of their popularity, studio apartments in Dubai are difficult to come by, and developers often report selling out...
August 2016
1 bedroom apartment in dubai

The Benefits of Investing in a 1 Bedroom Apartment in Dubai

A 1 bedroom apartment in Dubai is a great investment and remains the most popular option among property buyers looking to maximize returns on investment. Because of this, property developers in the design phase of a new development will always ensure they incorporate the maximum number of single bedroom floor plans into a residential tower, if they want to...
2 bedroom apartment

A Guide to Purchasing a 2 Bedroom Apartment in Dubai

A 2 bedroom apartment is a great investment option in Dubai. Apartments of this type are widely available, relatively affordable and in very high demand. With a large segment of the expat population in Dubai being “small families”, composed of spouses and one or two young children, a two bedroom apartment simply fits their space requirements, generously. Because of...
2 bedroom townhouse

This 2 Bedroom Townhouse in Dubai is Impressive – Serena

Serena by Dubai Properties recently opened the flood gates for investors to get their hands on one of the best property investments currently available in Dubai. The current offer for the luxury 2 bedroom townhouse can only be defined as a great deal. Here’s the short: A low entry barrier of 10% down On an AED 1.3 M (USD...
3 bedroom villas in dubai

Finding the Best 3 Bedroom Houses in Dubai

A wide range of 3 Bedroom houses in Dubai are found within communities that cater to family-centric lifestyles. These communities tend to provide a variety of useful amenities, such as schools, 24 hour security, parks, community centers, daycare, nurseries, walking/cycling paths and convenience stores. Choosing the perfect 3 bedroom house in Dubai will depend on a handful of factors...

Why Foreign Investors are Buying up all the Real Estate in Dubai

Foreign investment accounts for a significant portion of UAE GDP. An impressive percentage of which can be attributed to real estate buys. Real estate in Dubai has been a sound investment since the world started paying attention to the opportunities that this region has to offer, when dealing with a politically and economically stable country. Unfortunately, there are not...
dubai marina apartments

Dubai Marina Apartments – A Popular Investment Option

  Why Invest in Dubai Marina Apartments? Dubai Marina has long been one of Dubai’s most thriving districts. Dubai Marina Apartments are ideally located and surrounded by endless amenities that add both quality of life and immense convenience. Investing in Dubai Marina Apartments have always ensured higher than average occupancy and high tenant retention. Longtime residents of Dubai Marina...
real estate investment properties

Real Estate Investment Properties you Should Know About

Dubai is in the midst of an economic boom. As one of the world’s leading emerging markets, the UAE has seen a steady increase in the number of residential and commercial properties made available to international investors. Foreign direct investment in the UAE accounts for a significant percentage of GDP, with a major portion directed at the Dubai real...

Locating the Best Investment Property for Sale in Dubai

For most investors, an investment property for sale in Dubai should fulfill a few different criteria to be considered a “good investment”. Most will agree that a great return is the one goal that every investor is looking to accomplish, though there are aspects of an investment that must exist for this goal to be met. Arguably, there are...

Dubai Company Setup – Benefits for Global Business Owners

Dubai looks more and more like the ideal place to setup  a company. With easy geographical access to the tiger economies of the East and perfectly placed to access the growth and cash rich economies of the gulf as well as being by far the most live able place in the Middle East and with no tax, low rents,...
business services

Dubai Company Formation: A List of Required Contracts and Documents

To date, there are at least quite a number of business structures/forms that are legally permissible to do business in Dubai. Here is a list of the required documentation for Dubai Company Formation, referring to the most commonly-used vehicles. Dubai Company Formation Options 1. Limited Liability Companies Documents needed for Registration of Business and Trade Name ( Limited Liability Company)...

UAE Free Zone Company Set Up – What You Need To Know

Setting up a business entity in one of the United Arab Emirate’s Free Trade Zones (FTZs) may be an engrossing alternative for foreign investors. For investors who are considering to physically moving (part of) their business to the UAE, a Free Zone Company is the obvious choice. Free zone companies also meet the growing necessity in international tax planning of having...

Why Setting up Mainland Company in UAE Makes Sense

United Arab Emirates (UAE) is one of the most popular trading environments in the Gulf and an ideal location for mainland company setup due to its strategic location (situated midway between Africa and CIS countries, and Europe and the Far East), vibrant economic policies, and positive planning.  As per the mainland company incorporation law, a UAE national has to...

Offshore Company in UAE – The #1 Choice for Business Leaders

Going offshore has become increasingly popular in recent years as a way of managing modern business, mainly as a cost-efficient and tax-efficient strategy for entrepreneurs. Important prima facie benefits of an offshore company include freedom of operations, confidentiality and ease of running business. An offshore company established in the UAE is ideal for any type of business that does not require a local...
real estate dubai

Real Estate Dubai – Top Property Developments for Investors

Zola Group Real Estate Dubai has its finger on the pulse of Dubai’s real estate market. With thousands of investors entering the Dubai real estate market every month, it is evident which properties attract strong investor response, and which ones simply do not. Investor interest can be triggered by several factors, including: Market prices Government initiatives to develop the...

A Step by Step Guide to Registering a Company in Dubai

Each and every year, more and more individuals and businesses express their interests to register a company in Dubai. The authorities of the Emirate have deliberately sought to create an environment which is well ordered without being unduly restrictive. The incorporation procedure is a simple step by step process and does not require endless visits to a lawyer at...
July 2016
dubai real estate highlight azizi

Dubai Real Estate Highlight – Azizi Residences

Dubai Real Estate Community Highlight Al Furjan Al Furjan, Dubai’s latest residential community, is the location of the fascinating and diverse residences by Azizi Group. With Nakheel as the Master Developer, a community plan was formed to comprise of four unique villages: North Village, South Village, East Village and West Village. Each village will boast its own distinct characteristics...
buy an apartment in dubai

Buy an Apartment in Dubai – 3 Popular off-plan Investments

Of the several reasons given by property buyers in Dubai to go “off-plan” when looking to buy an apartment in Dubai, investment usually tops the list. In a previous article we showed evidence that apartments have the potential to generate higher yields, when compare to villas in Dubai. Although capital gains are better had through villa investments, apartment investments...
apartment for sale in dubai

Apartment for Sale in Dubai Vs. Villa – Which Nets Better Yields?

Whether you’re looking for an apartment for sale in Dubai, or a villa; if you’re a property investor in the market to purchase real estate in Dubai, it’s in your best interest to know which property type nets the greatest returns on your investment. With the average investor seeing between 6-10% rental returns, it’s important to know how to...

Buy a House in Dubai – Top 3 Areas to Look

Living in Dubai gives you access to a seemingly endless variety of breathtaking houses and villas. When the time comes to buy a house in Dubai, buyers are more-or-less overwhelmed by their options. It helps to have a location in mind before you begin your house hunting efforts. This approach means less wasted hours and more chances to find the...
real estate companies in dubai

Real Estate Companies in Dubai – The Right Brokerage

Depending on your needs, finding the right real estate companies in Dubai can be confusing. A real estate broker that understands your unique property needs can make the (usually painful) property buying/leasing process relatively easy. Although all brokers should be licensed to conduct real estate operations, some are more specialized than others, and therefore more capable. A broker that is experienced...
villa for sale in dubai

Villa for Sale in Dubai – How to Find the Perfect Villa

Dubai is one of the most multi-national destinations in the world. The modern city plays host to expats from all over the globe and it tries to cater to everyone. With expats and foreign nationals feeling so accommodated in Dubai, it only makes sense that many want to try to make a long-term home here and find a villa...
off plan property in dubai

Off Plan Property in Dubai – The Risk of Expo 2020?

As it stands, Dubai’s off plan property market is booming. In some cases off plan property in Dubai is being bought-up by investors, just about as fast as the developers can release them. Other off-plan property developments may take some time to gain traction, but almost like clock-work, come handover, over 90% occupancy is overwhelmingly common. Market Saturation Signs...
dubai property for sale

Dubai Property for Sale to Expats – What are your Options?

Expats residing in Dubai for the long-term often see the benefits of purchasing property here, as oppose to renting. The first half of 2016 saw over Dh35bn in just under 22,000 transactions by expats and foreign investors. Available Dubai property for sale to expats comes at no shortage as we see a continued increase in transaction numbers over time....

UAE as an Offshore Tax Haven – What you Need to Know

The are  a number of benefits that one can take advantage of through company formation in an offshore tax haven country. Currently, UAE’s ratings are increasing among other traditional jurisdictions and the country is now a leading offshore tax haven offering a number of options across different Emirates and authorities.  UAE a stable and wealthy offshore tax haven The UAE is...
dubai properties

Dubai Properties Investment – Tips from Expert Investors

As Dubai’s real estate landscape evolves and matures, the opportunity to invest and profit by buying Dubai Properties has increased. With the supply of desirable investment properties yet to exceed market demand, the ideal time to buy is now. The Ideal Dubai Properties What makes Dubai properties investment worth your time, money and risk? Experts have a fitting answer...

International Bank Account in UAE

A bank account is definitely one of the most important requisites of starting a business. The UAE has a reputation as a global leader in  banking, so opening an international bank account in UAE should never be out of the question. UAE International Bank Account Benefits Here is a list of benefits of the UAE relating to safe banking...
investment property in dubai

A Guide to Purchasing an Investment Property in Dubai

Finding an Investment Property in Dubai Some of the best investment opportunities in Dubai are found in off-plan real estate. Purchasing a property directly from the developer at an early stage in the construction process ensures that an investor maximizes his capital gains when selling the property on the secondary market. Zola Group has built strong ties with only...
buy property in dubai

Buy Property in Dubai Whilst Abroad – The Dos and Don’ts

It is relatively low-risk to buy property in Dubai whilst residing abroad. With thousands of foreign investors entering the property market every month, Dubai has systems in place to cater to property buyers who may not have the time or ability to be present for the transaction. Though the laws governing funds entering the UAE are considered lenient, the laws...

Average Rental Yields of Dubai Investment Districts

Diversity makes Dubai one of the greatest investment cities in the world. On the same note, diversity is also what makes Dubai difficult to understand for many investors. See the infographic below to get an understanding of what areas have the highest return. The districts with the lower return are more established and tend to be a safer investment over the newer,...
June 2016

10 Reasons Savvy Investors Choose to Invest in Dubai

Expanding an investment portfolio to include the global market allows investors to take advantage of emerging markets and untapped investment opportunities. Although Dubai’s real estate market is far from untapped, it remains one of the most underestimated investment opportunities in the world. Here are 10 reasons why seasoned investors choose to invest in Dubai. Stable Economic Growth The UAE, outside of the...

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