The UAE is the shimmering and modern jewel of the Middle East, where migrants flock from other nations. Attracted by the generous taxation laws and the spirit of innovation that pervade the business world, many entrepreneurs have made a fortune over the last decade. This trend should continue unhindered by the world-wide economic slow-down. However, businesspeople considering moving to the UAE, should heed the following important tips before jetting off.
Setting Up a Current Account for the UAE
There are several formalities to consider before opening up a current account in the UAE.
Plenty of international banks offer current accounts that are catered to businesses based within the UAE.…