This article has been researched and written by Thomas McNelliey and the team at Creation Business Consultants. AI has not been used in generating this article.   Understanding the difference and interactions between financial planning and tax planning is crucial for both individuals and organizations. The year 2024 marks a significant evolution in these domains, influenced by technological advancements, regulatory changes, and shifting economic paradigms. At Creation Business Consultants, we delve into these areas with our clients, highlighting their differences, trends, and how they i ..read more

Creation Business Consultants proudly announces its recent win at the MEA Business Awards 2024, presented by MEA Markets, where the firm was honoured with the prestigious title of “Best Corporate & Tax Structuring Experts 2024 Middle East.” The MEA Business Awards recognize outstanding achievement and innovation across various sectors within the Middle East, highlighting companies that demonstrate exceptional performance and commitment to excellence. This award further solidifies Creation Business Consultants’ position as a leading corporate services provider, tax, compliance advisory, an ..read more

This article has been researched and written by Anam Sattar and the team at Creation Business Consultants. AI has not been used in generating this article.   The UAE has updated its regulations concerning Real Beneficiary Ownership requirements and the penalties linked to them. This update came with the introduction of Cabinet Decision No. 109/2023 on November 16, 2023, which replaces Cabinet Decision No. 58 of 2020, referred to as “the New Decision”. BOOK A FREE CONSULTATION KEY HIGHLIGHTS OF THE NEW REAL BENEFICIAL OWNER RESOLUTION The New Decision applies to all licensed legal ent ..read more

This article has been researched and written by Gary Hales and the team at Creation Business Consultants. AI has not been used in generating this article.   Corporate restructuring and business restructuring are often used interchangeably, but they have distinct meanings and purposes within the realm of organizational change. Corporate restructuring is a dynamic and strategic process that companies undertake to effectively adapt to the ever-evolving business landscape. This multifaceted approach involves a series of actions and strategies aimed at achieving specific objectives. Corp ..read more

This article has been researched and written by Scott Greaves and the team at Creation Business Consultants. AI has not been used in generating this article.   Are you considering expanding your business operations in the UAE? Transitioning between mainland and free zones can offer significant advantages and opportunities for growth. In this article, we will explore how you can smoothly expand your business from mainland to free zone (or vice versa) in the UAE. BOOK A FREE CONSULTATION WHAT ARE THE ADVANTAGES OF EXPANDING YOUR BUSINESS FROM A FREE ZONE TO MAINLAND (OR VICE VERSA)? Tran ..read more

This article has been researched and written by Thomas McNelliey and the team at Creation Business Consultants. AI has not been used in generating this article.   OVERVIEW OF CORPORATE STRUCTURES AND THEIR IMPACT ON BUSINESS OPERATIONS The structure of a corporation can significantly influence its operational efficiency, tax liabilities, legal obligations, and overall strategic direction. The right corporate structure can facilitate smooth operations and growth, while an unsuitable one can lead to operational inefficiencies and increased risks. Registered corporate service providers (CSP ..read more

This article has been researched and written by Anam Sattar and the team at Creation Business Consultants. AI has not been used in generating this article.   WHAT IS DUBAI UNIFIED LICENCE (DUL)? Dubai’s Department of Economy and Tourism (DET) has introduced the ‘Dubai Unified Licence’ (DUL), an innovative commercial identification system available to all businesses operating in the region. The purpose of this initiative is to simplify and streamline various business procedures, making operations more efficient. Enforced under Law No. 6 of 2023, the Dubai Unified Licence (DUL) initiative ..read more

This article has been researched and written by Gary Hales and the team at Creation Business Consultants. AI has not been used in generating this article.   WHAT IS MERGER & ACQUISITION? Mergers & Acquisitions (M&A) in the UAE play a crucial role in driving business expansion. M&A provide companies with strategic opportunities to grow, improve their competitiveness and achieve various business objectives. M&A is a powerful tool for companies looking to expand as it enables market diversification, portfolio enhancement, cost efficiencies and strategic alignment.  ..read more

This article has been researched and written by Max Smith & Vidhya Menon and the team at Creation Business Consultants. AI has not been used in generating this article.   The United Arab Emirates has become an increasingly popular location for e-commerce businesses, with a surge in online-focused industries and the ease of incorporating such businesses. However, with the opportunity for great business success comes key considerations, and one crucial aspect that e-commerce entrepreneurs need to handle is Value Added Tax (VAT) compliance. Understanding and managing VAT obligations is ..read more

Creation Business Consultants, the market-leading corporate service, tax, and compliance provider in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA), is pleased to announce the appointment of Gary Hales as Head of International Business. Gary will assume a leadership position in business development, steering a focused sales strategy, providing strategic input for sales targets, establishing a key referrer network for growth, facilitating cross-functional collaboration between UAE and KSA teams, and playing a crucial role in leading our Business Development Team. With ov ..read more