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Shall a worker be entitled to an end-of-service gratuity if he has died?
In the event of a worker’s death, the employer must pay the end-of-service gratuity to his heirs.
HAI UAE Insights
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Industry insights, business guides, and expert analysis for UAE entrepreneurs, traders, and business professionals.
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Do we have to update the Jafza Employment Contract if an employee has any change / amendment to his salary?
The company is obliged to update the Jafza Employment Contract should an employee has any change / amendment to his current salary by updati...
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Are there any other advantages to going offshore?
Once a structure has been legally created it can be used for international trade and investment. This opens up a whole new arena that the av...
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Can I change the director(s) of my company?
Yes. A board resolution must be drafted and signed by the director(s) of the company and officially filed with the company registry in the c...
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Can I change the name of my company?
Yes. However, the proposed new company name must first be approved by the registrar in the country of incorporation to ensure that the same ...
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Can I change the shareholder(s) of my company?
Yes. A board resolution must be drafted and signed by the director(s) of the company and officially filed with the company registry in the c...
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Can I establish a bank account for my company?
Yes, however SSC is only able to assist in establishing corporate accounts for companies under our management. All the banks we work with co...
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Can I move my existing business offshore?
Some companies move parts of their business offshore almost immediately as separate subsidiaries and profit centers. However, you will need ...
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Can I retain control over my money, possibly through investment or bank accounts in my home country?
Many people would like the safety of an offshore asset protection structure but would like to keep complete control over the assets, trading...
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Do I need to declare my offshore assets?
Taxes must be paid on profits made on assets under your legal ownership. By the use of certain offshore entities, which vary according to yo...
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