Salaries Can Be Paid in Cryptocurrency, Dubai Court Rules Conclusion The Dubai Court has confirmed that if cryptocurrency is included as part of an employment contract in the UAE, it is legally binding and must be honored. This ruling marks a significant step in recognizing crypto payments as legal in the UAE. The decision was issued on August 18, 2024, in a landmark case by the Dubai Court of First Instance. Dubai Court Ruling: […]
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Differences Between Offshore and Free Zone Companies in the UAE
Understanding the Differences Between Offshore and Free Zone Companies in the UAE When setting up a business in the UAE, entrepreneurs have several options, with two popular choices being offshore and free zone companies. Both offer distinct advantages, but understanding their differences is crucial in making the right decision for your business needs. Here’s a detailed comparison between offshore and free zone companies in the UAE. 1. Scope of Operations Free Zone Companies:Free zone companies […]
Read MoreYour Trusted Partner for International Business Companies (IBCs) and Seychelles Foundations
When planning to establish a business or manage assets in Seychelles, understanding the right legal structure is essential. Two of the most popular options are International Business Companies (IBCs) and Seychelles Foundations, each offering unique benefits depending on your objectives. At CompanySetup-UAE, we provide both services: International Business Companies (IBCs) Services International Business Companies (IBCs) are ideal for entrepreneurs engaged in international trade, asset protection, and wealth management. Seychelles is a top jurisdiction for IBCs, […]
Read MoreU.S. Citizen vs Resident Taxation
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