Summary Contrary to a common assumption, oil is not Dubai’s most significant source of income. Wholesale and retail trade is consistently the emirate’s largest contributor to GDP, at roughly 22 to 25 percent, with financial services, real estate, and tourism-linked sectors close behind. Oil and gas now account for well…
Summary An SPC company in Oman is a one-person limited liability company owned by a single individual or legal entity. Many permitted activities allow 100% foreign ownership, and there is no blanket OMR 20,000 minimum capital requirement for every SPC. Registration is completed through Oman’s business registration system, while the…
Summary LLC company formation in Dubai means registering a mainland Limited Liability Company with the Department of Economy and Tourism (DET). Since the 2021 Commercial Companies Law reform, most activities allow 100% foreign ownership and a single shareholder, with no fixed minimum capital. This guide covers the real costs, timeline,…
Summary Compassionate leave in the UAE is paid time off granted when an immediate family member dies, five days for the loss of a spouse and three days for a parent, child, sibling, grandparent or grandchild, under Federal Decree-Law No. 33 of 2021. This guide covers eligibility, required documents, how…
Summary The UAE Commercial Company Law (Federal Decree-Law No. 32 of 2021) is the core legal framework governing company formation, ownership, governance, and compliance on the mainland. It permits 100% foreign ownership in most activities, defines legal entity types from LLCs to joint stock companies, and sets out beneficial ownership…
Summary Most guides to starting a coaching business in Dubai only describe the full company license route, but most solo coaches actually use a cheaper freelance permit instead, with executive coaching explicitly listed as an eligible activity under Dubai’s own GoFreelance programme. This guide covers both paths, real costs, the…
