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Objectives

Recognizing the potential of Dubai’s thriving e-commerce market, they sought to expand their reach and tap into this lucrative region.

Their Challenges

• Complex tax regulations in Dubai: Dubai has a free zone system with specific tax advantages, but navigating these regulations can be challenging for foreign companies.
• Local business registration requirements: Setting up a business entity in Dubai requires meeting specific registration requirements.
• Opening corporate bank account: Opening corporate bank accounts in Dubai can be a complex process for foreign companies.

Our Solutions

• Dedicated Dubai Team: Experienced professionals with a proven track record in guiding foreign digital businesses through Dubai’s unique regulatory landscape.
• Tax-optimized Business Structure: Advised on the most tax-efficient structure for their Dubai operations, considering factors such as tax efficiency and operational flexibility.
• Assisted the client with registering its business entity in Dubai and obtaining all necessary licenses and permits.
• Helped the client navigate the process of opening corporate bank accounts in Dubai.

About Company:

A fast-growing global digital marketplace with BUs in Singapore and India was experiencing explosive user and seller growth.

Our Impact:

• 2x faster expansion: With their cultural understanding and network, Taxmantra
  Global secured all necessary licenses and permits in record time, minimizing delays.
• We are currently providing ongoing compliance support to the client, ensuring that its Dubai operations adhere to all local tax and regulatory requirements.