Publications
08.04.2024, 09:59
Buying real estate in the UAE: key steps and recommendations
The UAE is one of the most attractive places to live and invest globally. High technology, luxury and traditional oriental values are harmoniously combined here. Dubai, Abu Dhabi and other emirates offer incredible business, leisure and real estate investment opportunities. Purchasing a home here provides the owner with a comfortable and safe haven in one of the most developed corners of the planet and opens the door to many privileges. Let's look together with Antwort Law at how real estate is purchased and what it gives to its owner.
03.04.2024, 11:28
Which visa is best for the UAE?
In a world where business opportunities are rapidly expanding, the United Arab Emirates (UAE) is becoming an integral part of the global economic landscape. Known for its financial centres, innovation and entrepreneurial spirit, the region is a magnet for businessmen and corporations worldwide. Before you enter this world of business, you need the key - a visa. This country provides a wide range of visa categories tailored to suit different purposes of visits, from tourism and business meetings to work and family reunions. Let's look with Antwort Law at the main types of visas available in the UAE, their characteristics, costs and recommendations for choosing the best option.
01.04.2024, 14:34
Rules of substance (economic presence; substance ) of a company in the UAE: what do you need to know?
The United Arab Emirates (UAE) is attracting the attention of entrepreneurs and investors worldwide due to its favourable business climate and constant desire for development, reflected in zero income taxes, speed and automation of business processes. However, according to the UAE Economic Substance Rules, companies must maintain substance (economic presence) to operate in the UAE. Let's examine the UAE's main standard requirements for substance with Antwort Law.
29.03.2024, 10:21
Kunlun Bank, specializing in sanctions transactions, closes settlements with the Russian Federation
Kunlun Bank, (formerly Karamay City Commercial Bank), a Chinese financial institution controlled by national oil and gas corporation KNPC, has informed its customers that it will completely cease processing payments with Russia as of March 29, 2024. In the last month, most importers have been struggling to find those who can process financial transactions quickly.
27.03.2024, 07:52
Closing bank accounts of Russian citizens in the UAE in 2024
In 2024, UAE banks began closing accounts of Russian citizens. This news is causing serious concern among Russians building international businesses, raising many questions and causing uncertainty. Antwort Law seems necessary to understand this issue in such a difficult situation. Let's look at the possible reasons for the Russian citizens' accounts being closed in UAE banks.
25.03.2024, 12:13
The process of obtaining an Emirates ID in the UAE: a detailed guide
The UAE has a booming economy and a high standard of living. Obtaining resident status and opening bank accounts here will be an important step for those planning to invest or develop a business in the region. Antwort Law is happy to assist you at every stage of legal adaptation in the country of your business, and this article provides recommendations to facilitate the process of obtaining an identification document (ID) in the UAE and opening local bank accounts. This short guide will detail every step of this important process, providing you with all the necessary information and guidance.
21.03.2024, 11:03
Choosing a place to register a business: Europe, Asia, USA or UAE?
Opening a business in another country is becoming increasingly accessible and attractive to entrepreneurs. The choice of location for a business is determined by many factors. In this article, the Antwort Law team will look at the importance of choosing the right location to open a business in Europe, Asia, the United States of America and the United Arab Emirates.
20.03.2024, 10:52
International trust in the UAE has increased: the country's removal from the FATF gray list
The UAE has taken a significant step in strengthening its status in the global economy: the country was removed from the Financial Action Task Force (FATF) gray list, an international organization that develops and promotes measures to combat money laundering and terrorist financing. The decision was taken at the last FATF meeting held in Paris on February 23, 2024. Thus, the international regulator recognized the efforts of the UAE in the field of ensuring financial stability and security.
13.03.2024, 11:36
Why is buying a ready-made company in Spain more profitable?
If you want to start a business in Spain, setting up a company from scratch can take significant time and resources. However, with Antwort Law, you can bypass this complexity by acquiring an existing company from among the promising offers. Let's look at the main advantage of this approach compared to starting a new company.
11.03.2024, 09:31
Online platform UAE Legislation: convenient access to all laws
The UAE is known for its Arabic culture, and many entrepreneurs are concerned about local legislation's peculiarities. However, we note that, despite its special traditions, the country is open and secular and, in many aspects of the legislation, is even ahead of advanced Western countries.