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Purchasing real estate property is one step of diverging your investment portfolio. Not only will you have a mix of investment types, but you are assured that whatever happens to one investment, the same will not happen to the other and thus enable you to protect your income. If you happen to be looking for a property, then you might want to check the real estate industry of Pakistan. The sector has been continuously growing in the past few years and with the drop in mortgage interest loans, it is an attractive place to invest.

Foreigners

Foreign buyers should not be deterred from purchasing property in the country. While the process involved is lengthy, following closely the requirements would ensure a smooth transaction.. Foreign buyers who wish to purchase or rent a property should provide a valid passport, a copy of the landlord/realtors CNIC, attested copy of ownership, valid contract and an employment contract in case the buyer is working for a company. These are just some of the requirements that the government requires whenever buying and selling property.

Buying Properties

Buyers should thoroughly check the property that they are purchasing to ensure that the property is clean and ownership of the property actually resides with the seller. Sales Deeds are the best way to determine if the property is unencumbered and these can be found from the local authorities. It is crucial that buyers check the property to avoid any penalties from the government.

Properties in Pakistan are governed by several laws as well as regulations of the province or municipality where the property is located. The most important law that buyers should take a look at is the Transfer of Property Act 1882, Stamp Act 1899, Land Revenue Act 1967 and the Registration Act 1908. These laws outline the legal requirements as well as liabilities that may arise in buying or selling properties.

For the title to be transferred to a new owner, a Sales Deed or “Bay Nama” must be registered at the government registrar office. The Sales Deed must have a stamp duty affixed on it. The stamp duty shows the percentage of the transaction value of the property and differs depending on the size and value of the property itself. In modern housing properties, a simple allotment letter is sufficient proof that the property is legally transferred to the buyer.

For buyers who are not sure on how to proceed with the transaction, they may hire an attorney or a “Mukhtar-e-Aam” to help them with the legal process. As always, it is important that buyers ensure the authenticity of the Deed as well as the authorities of the attorney they are transacting business with to ensure that all transactions are valid and legal.

The UAE has long since proven to be a steadily growing economic hub with its state of the art infrastructure, tax free income, Fair Policy and Regulatory Framework, Government Initiatives like Expo 2020, connectivity to all countries and a potential growth in economic development. From ambitious start-up techpreneurs to offshore companies of large Corporate Giants, UAE has become a prime choice to setup businesses. The World Bank report of 2016 states that UAE has ranked 31stin the global index of ease of doing Business and the Global Entrepreneurship and Development Index(GEDI) report ranks UAE 19th in Entrepreneurial attitude, activity and aspiration marking UAE’s focus on encouraging Entrepreneurship and economic diversification.

However, it could be quite daunting to understand the Entrepreneurial Ecosystem of the country like the local policy and regulatory framework, visa process, culture, government legislations, finance and human capital, the existing network and platforms for innovation for a new Venture.

As pragmatic Business Consultants with an eye on execution, we help you implement your dream of setting up a Business in UAE with ease.

How to do Company Formation in Dubai, UAE?

Dubai is a thriving city, so it’s a very good idea to opt for a Company Formation in Dubai, UAE as quickly as possible. Simply put, the possibilities out there are limitless, and you will be quite impressed with the astonishing benefits that can arise from something like this.

But that does bring in the question, should you opt for Company Formation in Dubai, UAE on your own, or should you hire someone to do the process of company formation in Dubai? It depends on the type of business you want to make, and a variety of other factors as well. We can help you with the entire process!

Find the right type of business to register your company in UAE

When you choose to do Company Formation in UAE, you will have to pick a certain type of business. There are lots of business types you can choose from here. It can range from an LLC to joint stock companies, subsidiaries, branch offices, partnerships, free zone FZC and offshore establishments. Working with a team of experts will certainly help you quite a lot in that regard, so try to use that to your own advantage. Once you find the right type of business, we will assist you with the entire business formation process in no time.

Requirements for Company Formation in UAE

The Company Formation in Dubai-UAE process will require you to have a shareholding structure, not to mention you will also have to fulfill some specific business licensing requirements. The minimum share capital requirements are also a crucial aspect here, so try to take that into consideration as well if you can.

Handle the legal hassle for trade license registration in Dubai

Before you go looking for funds, you need to think about handling any legal challenges. The Company Formation in Dubai, UAE is a process which can be very tedious, and the legal challenges are plentiful in this regard. That’s why you need to take your time as you find the right solutions in that perspective. Thankfully, you will have no problem finding the best outcome in here as long as you have the right legal support.

And that’s why it can be a very good idea to pick the best services for company formation in Dubai. It can be well worth the effort, all you need to do is to take your time and identify that in a meaningful way.

As you can see, Our team will have no problem helping you with the Company Formation in Dubai and company formation in other emirates of UAE. If you need any kind of professional service to do legal process in formation of company in UAE, we will be very happy to assist. We know how to handle all the potential challenges and you can rest assured that our team will be there to help you at all times. It’s a crucial aspect to focus on, and it can definitely do wonders in the long run. The Company Formation in Dubai, UAE is a process that will be hard to handle on your own, but don’t worry. We are here to help you handle all these issues in no time. All you need is to get in touch and we will be more than happy to help you with all of that!

Dubai’s growth has meant that employment opportunities in the state have also flourished, resulting in a thriving publishing industry. The chief industries in Dubai include oil & gas, transport & communication, information technology and tourism. This rapidly developing economy has therefore led to a surplus of office space. Dubai is now the leading destination for international publications.

In particular, the Dubai Marina is home to all the major international brands, including Citibank, Daimler-Chrysler, Goldman Sachs, Hilton, Apple, Credit Suisse, Reebok, and a number of other prominent companies. The free zone is a planned economic development zone adjacent to the Sharjah city center. This zone has become an important centre for business, finance and administration in the UAE.

The main industries of this planned zone are shipping, transportation, IT, finance, chemicals, tourism, construction, and food processing. There are a few industries have primarily Sharjah interest; however, they are not wholly owned by the Dubai authorities and have a separate legal system. They are the Sharjah Gold Market, wholly owned by the Dubai Gold Association; Arabian Ranches, a real estate company with activities in Sharjah and Abu Dhabi; and the Sharjah Free Zone, which is a commercial development within the free zone.

As part of the efforts to attract more foreign investment into the city, several Sharjah companies are conducting business through their own company formation offices in the free zone of the city. The main advantage of doing business through a company formation office in Sharjah is that it simplifies the procedures involved in company registration and company formation in Dubai. There is no need for you to be concerned about any legal issues. The company formation office will take care of everything. You will just have to give him details of your business and you are done.

Want To Setup Business in Dubai?

Dubai publishing city offers several options of rent. These include studio or one-room apartments, luxurious villas, and fully furnished offices, which come with all the utilities required for a working environment. If you wish to run an entire publishing house from the same premises, you can also get a space on the same place, which is available on lease. The Dubai license fee covers the operating cost of these offices.

However, it is necessary to mention that the rates are higher in case of Dubai publishing houses and offices than in other cities. This is because Sharjah is considered a high-income city. This is a consequence of the Dubai’s strategic location at the crossroads between Europe and Asia, its proximity to the UAE, and the climate of the city. It is not surprising that the property market of Sharjah has become very active since the city started to attract a large number of international companies.

A Sharjah property owner enjoys a number of benefits when he opts for a Sharjah property as an investment. This includes tax exemption on the income derived from the property. Sharjah is also a safe city in terms of crime and safety, thanks to the first free zone in the UAE. The freeze includes a range of attractions such as the Sharjah International Airport, the Jumeirah water front, and the Arabian Ranches. In addition to this, there is no restriction on a Sharjah property, when the owner is not living in the said area. A Sharjah property also comes with the freedom to relocate whenever the owner feel like, without having to face any kind of penalty or restriction.

UAE is the foremost option for any visitor to tour and spend vacations. Investors from around the globe are seeking opportunities to invest in the UAE; it consists of Seven Emirates out of which Dubai is the most significant one. The total population of Dubai is 2.2 million, out of which around 5% is comprised of workers from Asian countries with a smaller percentage of expatriate business people with full time residency.

Dubai is like a paradise on earth. “Dubai” once people hear this word, they have a vision of luxurious life. It is the biggest emirate among all seven emirates of the UAE. It plays a vital role in boosting the economy of UAE and it is also known as the business capital of it. Some hot businesses niches of Dubai are as follows:

Gold Business
Dubai is known as the GOLD CAPITAL of the world so visualizing the gold business in it is easy. The monthly outcome of gold business is a digit with numerous zeroes. The Dubai Gold & Commodities Exchange (DGCX) reaffirmed the significant role of derivative in 2009 of organizing risk all through precarious market circumstances as the Exchange recorded 1.5 million contracts valued at US$79 billion at the end of 2009. Exceeding the 2008 total volume of 1.142 million contracts, DGCX recorded a raise of 31.6% in 2009; the peak yearly volume to be accomplished since foundation.
Cloth Business

Dubai’s cloth market includes both local and foreign linked associations. As you know the climate is very hot thought the year; therefore, the residents prefer Cotton because it keeps body warm and helps in low perspiration. Locally cloth is sold at malls and small shops. Some capital malls for cloth markets include Golf shopping center, Bloomingdales and BURJUMAN shopping center. Apart form this, wholesale clothing is exported form here to the entire Middle East and Africa. There is a big scope in the cloth market of Dubai.

Real Estate and Property Business

Real Estate business is the most significant of all. Investors form all around the world are seeking to invest in real estate business of Dubai so that they may multiply their capital. The strategy adopted by investors is that they purchase property at lower rates and then rent it to bear monthly fruit or sale it at a heavy profit. Property business really helps boost economy of UAE. There are numerous Dubai houses, villas and flats for rent available.

Banking Sector and Financial Institutes

The street crime rate in Dubai is nearly zero which is a driving force for promoting banking sector and attracting the foreign investment institutes to invest. The banking sector is extremely well-established. Numerous Middle East and Asian based multinational companies and financial institutes use Dubai banks for their secure online and offline transactions. The vital reason of banking sector’s growth is foreign investment in business.

Tourism Industry

Dubai is one of the luxurious estates of the world. People dream to tour it for spending their enjoyable vacations. Every year in the first quarter, Dubai hosts Shopping Festival and it attracts almost 3 millions of tourists that really boosts the economy of it and provides a golden opportunity for the investors to multiply their investments.

Some of the well-known business centers of Dubai are as follows

World Trade Center
Dubai German Business Center
Gulf Business Center
Kinko’s
UB Business Services
Business Time

These are some hot business niches that provide investors a golden opportunity to invest in Dubai business niches and gain maximum ROI.

The United Arab Emirates is quickly growing into one of the most popular tourist destinations in the world. It is home to some of the best holiday home accommodation and many holiday makers return there year after year and rent holiday villas. You can rent luxurious holiday villas and self catering holiday apartments in the United Arab Emirates.

A federation of seven states including Abu Dhabi, Dubai, Ajman, Fujairah, Ras al Khaimah, Sharjah and Umm al Qaiwain, the United Arab Emirates was established in the year 1971. Craggy mountains, sand dunes, sandy beaches, lush green parks, dusty villages, ancient houses, vibrant souks and modern shopping malls of the United Arab Emirates offers a kaleidoscope of varied offerings for a tourist. Dubai is a shopper’s paradise and it is a great shopping destination with an array of products that are unrivalled.

Abu Dhabi is referred to as the Manhattan of the Middle East and is a modern city full of skyscrapers. It is the capital of the United Arab Emirates and connects the mainland with two bridges. It has many attractions like the Heritage Village, the beautiful Corniche or beach, the Al Hisn Fort, the Petroleum Exhibition, old souk or market, Breakwater Island, Sheik Zayed’s palace and the oldest part of the town, the Batin. It is also home to the White Fort called the Diwan Amiri. Abu Dhabi preserves many things from its past despite its modernization.

Al Ain, which is located sixty miles away from Abu Dhabi is an oasis and a caravan stop. It is rich with a huge fertile plain and picturesque scenery. Here there is a camel market, zoo and a museum that contains artefacts both old and new and some good examples of Mesopotamian pottery. A few kilometres away from Al Ain is a water spring called Ain Faidha. Archaeological sites can also be found near the Al Ain area. To the south of Al Ain is Hafit Mountain which contains ancient pottery, swords and tombs.

Dubai, hailed as the Pearl of the Arabian Gulf, is another must see sight in the UAE. It was a seafaring settlement and a natural harbor for the fishermen and dhow traders. Bur Dubai houses the world renowned Gold Souk and spice Souk. The Al Fahidi Fort and Dubai museum offer a glimpse back into the rich ancient past of the country. Dubai hosts the Dubai World Cup, the PGA Desert Classic Golf tournament and the Dubai Shopping Festival. The camel riding, sand skiing, four wheel desert safaris, Bedouin barbeques and dhow cruises make it a great place for tourists to visit.

The desert is a spectacular destination for the tourists. Sand skis, camel rides, four wheel drives amidst the majestic red dunes and stark mountains offer the ultimate desert experience. The oasis in the desert is a great place to stay and the journey through the desert also offers an opportunity of meeting the Bedu folk or the nomadic tribes who are very hospitable. Watching the camel races at dawn is a great way to spend the day.

Visit Ras-al- Khaimah and you will get spectacular views of the old sea port, the Hajar Mountains, Dhaid and Khatt oases and mineral springs. The visit to Ras-al-Khaimah also includes trips to Dibba, a natural harbor and Khor Kalba, one of the most popular shell beaches in the world. The Drabhaniya ruins present in the place is another interesting historical spot.

Dubai has made a real effort in recent years to promote itself as a luxury holiday destination. It has spent billions of dollars putting the infrastructure in place to position itself as one of the best holiday destinations in the world. As part of that process Dubai has built some of the most luxurious holiday villas and self catering holiday apartments to be found any where in the world.