SMS Consulting

VARA’s New Marketing Rules: A Game-Changer for Virt …

VARA new marketing rules for virtual asset service providers in Dubai

Starting October 1, Dubai’s Virtual Assets Regulatory Authority (VARA) will enforce new marketing rules for Virtual Asset Service Providers (VASPs). This significant development redefines how virtual asset businesses communicate their services, emphasizing transparency, ethical practices, and consumer protection. A Framework for Compliance The new Marketing Guidance Document provides a comprehensive framework for compliant marketing. It […]

Understanding Designated Free Zones in the UAE & Corp …

Free Zones in the UAE and Corporate Tax Implications

The United Arab Emirates offers businesses a unique opportunity to operate in Designated Free Zones in the UAE, areas recognized for their distinct corporate VAT and corporate tax implications. Understanding these policies is essential for companies planning operations in the UAE. What Are Designated Free Zones in the UAE? From a VAT perspective, Designated Free […]

Essential Guide to Securing a Mortgage in Dubai for Expat …

Essential Guide to Securing a Mortgage in Dubai for Expats and Residents in 2024 25

When buying a property in Dubai, financing is one of the first decisions you’ll face. If you’re considering an off-plan property, payment is usually handled in installments through the developer’s payment plan. Alternatively, you may pay in cash or obtain a mortgage for a completed property in Dubai.  For many, a mortgage is the most […]

Guide to Opening a Mainland Company in Dubai with SMS Con …

mainland company setup in Dubai

Opening a mainland company in Dubai offers many opportunities for entrepreneurs looking to establish a presence in the UAE. Dubai’s Department of Economic Development (DED) allows businesses to operate freely across the city and the broader UAE market, offering numerous advantages such as full ownership, flexible location choices, and access to a vast network of […]

The 6 Key Benefits and Challenges of Doing Business in th …

Doing business in the UAE - Challenges and benefits

Doing business in the UAE presents a unique set of advantages and challenges, making it an appealing destination for global entrepreneurs. With its strategic location, modern infrastructure, and business-friendly policies, the UAE has emerged as a top choice for those looking to establish a presence in the Middle East. However, despite the many benefits, UAE […]

The UAE Golden Visa: Gateway to a Future of Possibilities

The UAE Golden Visa

The United Arab Emirates has long been a beacon of progress and prosperity in the Middle East, attracting individuals from around the world with its dynamic economy, luxurious lifestyle, and cultural diversity. In a move to further solidify its position as a hub for talent and investment, the UAE introduced the Golden Visa system—a long-term residence […]