Sunday, 22 June 2014

ownership property in Dubai- Dubai Land Department-

Dubai tenants can file lawsuits if building services discontinued: Rera
Owners' associations not allowed to cut, block services to joint ownership areas
Dubai's Real estate has advised tenants, who have been affected by the discontinuation of building services, to file a lawsuit against the parties responsible with the rental dispute settlement committee. www.dubaibusinesskey.com
Any tenant affected by the cutting of building services is entitled to open a lawsuit against the party responsible at the Rental Dispute Settlement (the judicial arm of Dubai Land Department) as these practices are not permitted under Law 27 of 2007.
The regulatory agency said that building management parties, whether developers or corporate services administrative supervisors of the owners associations, should visit RERA or send us email, info@dubaibusinesskey.com to submit their proposed service charge fees for the buildings managed by them.
This is a mandatory requirement so that Rera can review, approve or modify the charges as necessary. Building management must pay the service charges approved by RERA under Law 27 of 2007. They are not permitted to set service charge fees without first undertaking this procedure and receiving Rera approval, the agency added.
But when specifically asked if the law gives a district cooling company the right to disconnect the chilled water supply for the entire building, RERA not permissible to cut the services for joint ownership areas.
"It is not permissible to cut the services for joint ownership areas. If the services are cut, the damaged party (tenant) should undertake the specified procedures outlined under law No. 27 of 2007 that covers joint ownership areas for property in the emirate of Dubai and relates to the blocking of units where building management fails to pay their service charges.
Circulation No.1 of 2014 outlines that owners' associations are not allowed to set service charge fees before having them approved by RERA. It also affirms that owners' associations (OAs) are not allowed to cut or block services to joint ownership areas."
RERA, they (OAs) are not permitted to undertake any other activity other than those set out in article No. 25 law under law No. 27 of 2007 relating to joint ownership areas of property in Dubai.
The agency further said that with specific regards to the district cooling company, one needs to review the Regulatory and Supervisory Bureau at the Supreme Council of Energy, which is the regulatory body for energy in Dubai.
There have been many cases where developers or district cooling companies have threatened to discontinue services if property owners don't pay their dues.
The recent case was in Discovery Gardens where residents of two buildings were threatened of chilled water supply being cut off unless defaulters paid, but later no such harsh step was taken.



Saturday, 3 May 2014

Dubai Visa Rules for residency

Dubai Visa Rules has changed www.dubaibusinesskey.com


Dubai has made some changes in residence visa rules with effect from 1st May 2014. As per the new visa rules a person working in a private company should have Dirhams 10000 salary or Dirhams 9000 plus accommodation in labour contract to sponsor his wife and children on residence visa. Earlier this was Dhs. 4000 or Dhs.3000 plus accommodation. The new visa rule will not affect people renewing .


Saturday, 12 April 2014

Translation Services 200 languages

Translation Services 200 languages
Strategic Partner group Europe Emirates Consultants www.europeemirates.co.uk 
provides all languages translation on competitive price and on priority bases. The full range of services to Companies in Europe and Emirates, banks, Law firm, Advertising agencies and many individuals
We provides legal, technical, medical Memorandum of Association
Website Translation
Films Translation
 Educational and Instructional Document Translation
Legal Documents Translations
Marketing Collateral Translation
Medical Translation
Newspaper and Magazine Article Translation and all other type of Translation.
Please contact us, if you are 
Insurance companies
Government Agencies
Medicals organization
Investigation agencies
Law firms
Commercial, Trading and consultancy companies and you are looking Interpretation and translation services accurate and reliable in over 200 languages.
Translation services are available for following languages:
English, Arabic, German, Spanish, Italian, Turkish, French, Russian, Farsi, Urdu, Hindi, Malayalam, Chinese, Japanese, Dutch, Portuguese, Bengali, Marathi, Vietnamese, Polish, Romanian, Greek, Laotian,
Hungarian, Punjabi, Pashto, Serbian, Taiwanese, Thai, Ukrainian Hebrew, Yemeni, Indonesian & many more.
Please send us email along with scanned documents for translation, we will send you back via courier after translation, we are getting services from www.europeemirates.co.uk



Thursday, 6 March 2014

International Business Companies in Dubai UAE- Emirates

International Business Companies in RAK Offshore

The International Business Companies (IBC) Registry allows foreign investors to register offshore companies as RAK Offshore
Registration is simple and fast, usually incorporated within 24 hours of submission (subject to time difference). There are no restrictions on IBC formations, any non-resident individual or corporate entity can register a company offshore and IBCs bear the ending of 'Limited' or 'Ltd’ in RAK.

Main features of UAE Offshore Company are:

x It does not need to have physical offices in the UAE
x It may have non-UAE resident as director or shareholder
x It may own real estate in the UAE, with prior authorization from RAK Investment Authority
x It may maintain bank accounts and deposits in the UAE or worldwide
x It is not obliged to maintain its books and records
x It may hold shares in other UAE and worldwide companies
x Complete remote set up
On top of being investor friendly and uncomplicated in setting up, RAK Offshore is also subject to 0% tax rates.
RAK Offshore has also signed double taxation prevention treaties that are aimed at making the UAE a more attractive territory.
At this time, RAK Offshore currently holds double-tax treaties with over 30 countries. These agreements prevent individuals and corporations from being susceptible to paying tax on the same item during the same time period.
Companies that set up in RAK Offshore are entitled to the following:
x Reduced Dividends Tax.
x Exempting Deposits from Tax
x Exempting Capital gains from Tax- 0%
x Exempting national air carriers and shipping companies working in international traffic from taxes and fees
x Exempting Government Sector Establishments from Taxes on Dividends, Interest and Capital Gains
x The Significance of the Tax Agreements to the Foreign Investor and the Investment funds
x Impact of the Tax Agreements on attracting Foreign Investments and capital Movements
x 100% income tax exemption
x 100% corporate tax exemption
X 100% capital and profit repatriation
X 100% ownership in Free Zones
X 0% Withholding tax

The UAE is not a member of the Organization for Economic Cooperation and Development (OECD) and therefore not on the OECD list of tax havens (nor the FATF blacklist).

RAK Offshore has long enjoyed a reputation as a secure, tax-free jurisdiction for international bankingand company incorporation. With international trading benefits, it could be the ideal vehicle for your clients.
For further information on fees and requirements, please contact myself or one of our sales team and we will be happy to supply this to you.
Please do not hesitate to contact myself or a member of our team for further information.

Find attached details for other services in Emirates.

I look forward to hearing from you shortly.


Best Regards,

Qaiser Bari 
Advocate & Legal Consultant 
UK Office: Bradford Chamber Business Park, New Lane lLaisterdyke, Bradfordl BD4 8BX 
Phone: 01274401204 TEXT: 07587900542

| Level 33 Al Attar Business Tower | Sheikh Zayed Road | Dubai, United Arab Emirates |
|Phone +971 4 3113546 Fax + 971 4 351 8027 |P. O Box 214313 |
Mobile + 971 55 757 3601    SKYPE  LEGAL. BUSINESS 1
For experienced assistance in managing your Business & legal matters, contact our full service law firm.  

Sunday, 2 March 2014

Are you Iranian and your Account has Frozen- Transfer of Iranian Assets to central Bank of Iran- All money go back to Iran

Are you Iranian and your Account has Frozen- Transfer of Iranian Assets to central Bank of Iran- All money go back to Iran. Tehran has done the process needed to receive the first and second installment of its 4.2 dlrs billion funds previously blocked overseas.www.dubaibusinesskey.com
The first and second installment of the 4.2 dlrs billion of Iran's blocked oil revenues have been transferred to a designated Swiss bank account.
Iran and the sextet - Russia, China, the US, France, Britain and Germany, if your funds or assets are frozen or stuck Contact us info@dubaibusinesskey.com www.dubaibusinesskey.com




Sunday, 23 February 2014

Real estate brokerage-www.dubaibusinesskey.com

Do you know, Citizens of which country top list of property brokers in Dubai???
Pakistan, yes Pakistan on number 1 position. www.dubaibusinesskey.com Indian second and UK Third.

Emiratis topped the list of nationalities working as real estate brokers in Dubai in 2013 followed by Pakistanis and Indians, Dubai Land Department ( DLD ) data reveals.
The total number of real estate brokers stood at 2,238, who helped generate property transactions of over Dh236 billion last year with the broker community earning a commission of Dh1.8 billion in 2013.
The 
DLD revealed that there were 468 women registered to conduct property transactions, compared to 1,770 men, which equates to a female share of approximately 21 per cent.
Currently, there are 621 Emiratis; 340 Pakistanis; 336 Indians; 177 British nationals and 134 Egyptians registered as property brokers in Dubai.
Other nationalities are the Philippines, Iran, Russia and Uzbekistan.
"The number and diversity of nationalities working in the field of real estate brokerage reveals the attraction of the activity itself and is an indication of the confidence felt by brokers to work in the sector,


Wednesday, 29 January 2014

Dubai Business- British and Pakistani and Indian nationals doubled their Money in Dubai UAE

www.dubaibusinesskey.com
British and Pakistani nationals doubled their investment in 2013. www.dubaibusinesskey.com

Indian, British and Pakistani nationals more than doubled their investment in Dubai’s real estate market in 2013 compared to 2012, topping the list of 140 expatriate property buyers.

The total investment in properties by Indians rose to Dh18 billion in 2013, the latest Dubai Land Department (DLD) figures reveal. Last year had put the Indian investment at Dh8bn in 2012.

Britons invested Dh10.4bn in 2013 compared to Dh5bn in 2012, while Pakistanis bought properties worth Dh8.6bn compared to Dh4bn in 2012. www.dubaibusinesskey.com

The total value of non-Arab investment in the real estate market amounted to over Dh69bn, spread between 140 nationalities.

DLD did not give the investment figures of other non-Arab investors, but said the list includes citizens from Iran, Russia, Canada, America, China, France and Germany.

Of the Dh236bn in real estate transactions done in 2013, nearly Dh114bn was investment from 160 foreign nationalities (Arabs and non-Arabs).

GCC investors

Citizens of Gulf Cooperation Council (GCC) contributed Dh33 billion from 7,548 investors. Emiratis bought properties worth Dh24bn, while citizens of Saudi Arabia came in at second place with transactions of Dh4.6bn.

The remaining Dh1bn was the four remaining GCC countries: Oman, Qatar, Bahrain and Kuwait.

Arab investors

Arab investors from outside of the GCC contributed significantly to real estate activity  as well, with their total value of investment being over Dh12bn.

A total of 16 Arab nationalities invested in the realty market, with Jordanian investors topping the list with Dh2.6bn. They were followed by citizens of Lebanon, Egypt, Syria, Iraq, Yemen, Sudan, Palestine and Libya.

Attractive for investors

Just as in previous years, Dubai’s real estate market has succeeded in attracting investors from across the world,” said Sultan Butti Bin Mejren, Director-General, DLD.

Our registry has recorded that there were more than 160 foreign nationalities making property transactions in the emirate last year, which further confirms the strength and stability of the Dubai real estate market and the country’s wider economy.
"Investors from around the world are finding that Dubai is offering a particularly attractive climate to undertake property business.”

He emphasised that the city is now the focus of attention from investors across world and the sector is expected to expand significantly, encouraged by the “feel good” factor and optimistic atmosphere that has accompanied the news of the Expo 2020 win.

Knight Frank, UK-based consultancy, expects prices in Dubai to rise by 10 to 15 per cent in 2014 with the emirate being placed third in the list of world’s 20 most dynamic cities.

Send us email, If you have query.



Tuesday, 28 January 2014

Company Registration Abudhabi- Qatar

Setting up Dubai Invest Develpoment Agency- www.dubaibusinesskey.com
Great Ruler of  Dubai- VP and P. Minister His Highness Sheikh Mohammed bin Rashid Al Maktoum, today issued a law establishing Dubai Invest Development Agency (DIDA), an affiliate of Department of Economic Development.
Boosting the position of Dubai as world's economic centre to woo investments and create an appropriate investment environment.
According to the law, the DIDA will draw general policies, strategic investment plan, attract and develop long term investment projects in line with the economic development plan of the Emirate of Dubai. It will coordinate with competent government authorities to regulate the economic activities regarding proposal for preferential merits.
The Agency will provide services to investors to facilitate procedures. The agency will also provide data to investors about the investment opportunities.
Contact us, If you have any query.

Monday, 27 January 2014

multiple entry under UK-UK without a visa.

 No multiple entry under UK visa waiver scheme- www.dubaibusinesskey.com
Since January 1, more than 5,000 UK Electronic Visa Waivers (EVW) have been completed, allowing Emirati, Qatari and Omani passport holders to travel to the UK without a visa.

The scheme is proving to be extremely popular as travellers are no longer required to submit their fingerprints or pay a visa fee before travelling to the UK. Already 1,948 Emiratis, 1,369 Omanis and 2,184 Qataris have completed an EVW, however some customers are not yet familiar with how to complete an EVW form correctly.

When completing an EVW, the traveller is required to enter their name exactly as it appears in their passport, this must include all names and the spelling must exactly match the spelling in the passport.

www.dubaibusinesskey.comThe EVW must also state which airplane the person will be travelling on, at what time and on what day. The EVW is only valid for travel on that flight. It is not possible to use the EVW for a flight the day later and if someone needs to change their travel details, then they must complete a new EVW, and this must be done at least 48 hours before travelling.

Matt Heath, Regional Director for UK Visas and Immigration, said, "We're delighted by the uptake and interest in EVW. To ensure travellers enjoy a straightforward journey, we encourage them to check their EVW document against their passport as soon as they have completed it.

If the name on the EVW does not exactly match the name written in the passport, or the traveller attempts to board a different plane they may not be able to travel to the UK. If an error is identified, it is really simple to rectify, you just complete a new EVW.

Those who travel frequently, at short notice or regularly change their travel plans, are advised to apply for a multi-entry visitor visa or longer term visa rather than an EVW. This offers more flexibility and can last up to ten years." The online EVW application system has been upgraded this week to better highlight to travellers that their name must exactly match the name appearing in their passport and the EVW is only valid for the journey stated.

Dominic Jermey, British Ambassador to the UAE, said, "We're delighted that so many Emiratis have already travelled to the UK with an Electronic Visa Waiver. As we approach the spring and summer, I look forward to seeing even more taking advantage of the new scheme. For the visa waiver to work well as an alternative to the visit visa, it's really important that the form is filled in correctly, ensuring a trouble-free journey for Emiratis to the UK."

A record 530,000 visitors from the Gulf Cooperation Council (GCC) states went to Britain in 2012 (up 6 per cent on 2011).

The UK is the second most visited destination by residents of the UAE, with the number of visits doubling in the last ten years. Leisure visits predominately take place in July to September. London in particular is a popular destination for tourists with shopping, entertainment and dining the main attractions.

Sunday, 26 January 2014

Dubai Business Key: Appointing signatory in UAE Banks

Dubai Business Key: Appointing signatory in UAE Banks: Take Advice on Issues – Offshore Bank account Investment Solutions, protect your assets against any political and financial risks Inve...

Appointing signatory in UAE Banks

Take Advice on Issues – Offshore Bank account
Investment Solutions, protect your assets against any political and financial risks
Investors having their offshore Bank account and Companies in Bermuda, Cayman Islands, Channel Islands, Isle of Man, Liechtension, Malta, Luxembourg, Mauritius, Switzerland , Gibraltar and many other well-known offshore destination, after recession such destinations are in News, that they are Targeted by Governments , If the money earned Illegal way or as Havens to Avoid Tax.
Offshore Bank account use for TAX AVOUDANCE or PARKING ILL GOTTEN WEALTH
It’s not necessary, that only Tax avoider or wealthy afford to open such Companies and Bank account.
Get offshore account legally- Do business legally even if you live outside your Home Country
Planning to buy property or Thinking of Retired Abroad or Need to make international payments may be for some business activities or your children educating in foreign country.
Joint account with your Business Partner or wife
Appointing signatory in UAE Banks or Change of Beneficiary
Do you know what will happen, if you have car accident or severe injured or Die your Bank account will be frozen and inaccessible to yourself or your family or If you already facing similar issues contact us for Private and confidential advice.