UAE- New law allowing full foreign ownership of onshore companies takes effect on June 1

The UAE’s Ministry of Economy has confirmed that the amended legislation permitting foreign investors and entrepreneurs to establish and fully own onshore companies, will come into effect from June 1.

Amendment to the Commercial Companies Law will ‘boost country’s competitive edge and facilitate business’, according to UAE Minister of Economy

Minister of Economy Abdullah bin Touq in a tweet confirmed that the latest decision is a new step that reflects the UAE government’s commitment to supporting the economy and enhancing its readiness for the future.

In November 2020, the UAE announced that the of businesses would take effect from December 1, 2020. However, after widening the scope of sectors eligible for full ownership by foreign investors, the law is now ready for roll out from June 1, 2021.

The long-anticipated and widely discussed reform, which will have game-changing implications on the investment landscape of the nation, was approved by President His Highness Sheikh Khalifa bin Zayed Al Nahyan last year.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has said the UAE now enjoys a fertile legislative environment for foreign direct investors in order to enhance the nation’s competitiveness.

Last month, the UAE’s Ministry of Economy also said it was working on a new legislation to include 10 new sectors to the Commercial Companies Law, which allows 100 per cent foreign ownership of onshore companies in the country.

Get The Right Process Of Business Valuation Services In Dubai

Business Valuation Services In Dubai

Dubai, one of the best ever growing commercial centres, is a home to tons of worldwide expats that comprise a huge number of entrepreneurs, investors, employees. The destination offers as a home to international business units and is incessantly growing it in all possible methods. The UAE government has been accepting all the likely measures to set-up it as the world’s business centre. In the procedure of doing so, it has set definite mandates for business units. One such authorization is carrying out Business Valuation Services In Dubai that must be followed by an organization despite its structure, size and the nature of the business. Be it a start-up or a well-known organization, it has become a need. This article emphasizes the fact that why the valuation services play such a vital role.

Now, when it comes to the Business Valuation Services In UAE, several methods are implemented through which the worth of a business can be strong-minded and being a business owner, one must know. Go through such processes:

Company Valuation Methods

Business Valuation Services In Dubai – A business valuation process holds a sturdy grip in the valuation procedure. It is a vital task that must be followed in all the companies. There are several ways in which the valuation can occur. Some of the often used measures are as follows:

  1. Asset-Based Approach

This process considers the overall investment done in the business. It assists you to understand the total worth of the resources present apart from the liabilities piece.

  1. Market Approach

This strategy acts only if related business entities exist as similar to yours. This process compares the value of your business to other business which has been sold recently.

  1. Income Based/Discounted Cash Flow Approach

This is the most extensively received strategy. It intends at revealing the value of a business in its future. It evaluates the future cash flows to find the present value.

 

Business Consultancy Services Dubai And Free Zone Company Liquidation Services In UAE

Business Consultancy Services Dubai

Business Consultancy Services Dubai – In the increasingly competitive corporate world of today, where consolidation and globalization have been on the forefront for evolution of business structures, and mergers and acquisitions define the business scene; organizations need to make the right financial decisions for their future growth. The right financial decision provides the opportunity to enhance growth, competitiveness and profitability of the organization. Therefore it is imperative to understand all aspects of a transaction to maximize share holder value.

Depending on your circumstances and the financial risk you are willing to take, we can advise whether it is more advantageous to trade as a limited company, a partnership, a Limited Liability or hybrid partnership or as a sole trader – both now and in the future.

Reorganizing the lines of authority and responsibility in an organization achieve efficiency and profitability, while reducing risks involved. To realize these objectives, our advisors offer planning and support services in combining companies, streamlining groups within a company, and integrating common services within an organization. These are the reasons behind the Business Consultancy Services Dubai and UAE free zone company liquidation have famous and well known in the world which has some special of it’s own.

Business Valuation Services In Dubai

UAE was listed as one of the top places for ‘Ease of Doing Business’ in the globe by the World Bank. Undoubtedly, UAE market is a welcoming and approachable market but starting a business in any new country is always a challenge! The best way to deal is with  Business Valuation Services In Dubai. Our business setup consultants are experienced and provide you expert advise at every given hour. They also guide you to perform in an efficient manner and enhance your business prospects. This is for only generating the revenues and profitability for any company.

With this business setup consultants you can explore and opt for an accurate business module, have a clarified vision with regards to your business, brainstorm on your business activities and plan on adjacent business opportunities, understand the scope of your company along with the scope of your competitors, etc. These are the reasons behind United Arab Emirates are very famous for this business consultancy services and Dubai is the best centre for this. So if you want to take their services so hurry up to contact with them as soon as possible.