Frequently Asked Questions
Business Setup in the UAE - FAQ's
What is i-Bizness Consultancy UAE?
The most common setups are Mainland, Free Zone, and Offshore.
Mainland: Allows you to conduct business anywhere in the UAE and internationally. Many activities now permit 100% foreign ownership.
Free Zone: Ideal for businesses that want to operate within a specific free zone and internationally. Free zones offer 100% foreign ownership, full profit repatriation, and tax incentives.
Offshore: Primarily used for holding companies or asset protection and cannot conduct business within the UAE.
What documents do I need to start a business in the UAE?
The required documents can vary depending on your chosen business activity, legal structure, and jurisdiction. Generally, you will need a clear copy of your passport, a proposed trade name, and an initial business plan. We will guide you through the exact requirements and handle all the paperwork.
Business Setup in the Philippines - FAQ's
What is the process for a foreigner to register a business in the Philippines?
The process typically involves several key steps, starting with reserving a business name and registering with the appropriate government agencies, such as the Securities and Exchange Commission (SEC) for corporations and partnerships, or the Department of Trade and Industry (DTI) for sole proprietorships. You will also need to obtain a Barangay Clearance, a Mayor's Permit, and register with the Bureau of Internal Revenue (BIR) for taxation purposes. We will manage this entire process for you.
Are there any foreign ownership restrictions in the Philippines?
Yes, certain industries have restrictions on foreign ownership. For businesses with more than 40% foreign equity, a minimum paid-up capital is typically required, though this can be reduced if you meet certain criteria, such as employing at least 50 Filipino citizens or using advanced technology. We can provide strategic advice to ensure your business structure complies with all regulations.
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