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idarahcorporate · 3 months

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What key ethics you must follow during the company formation process in Dubai?

The process of initiating a business venture or company got its own challenges and hassles. Moreover, as you look forward to market entry Saudi Arabia according to the pre-defined guidelines, you got to take certain things into consideration. Also, the role of a strong ethical foundation is imminent for the proper functioning of the company in the long term. In the following post, we will discuss few of such ethics that hold importance in the long term development of any firm.

The importance of transparency

Every company needs to stay transparent in terms of its functions and ethics. That said, transparency is the foundation of trust between a company and its partners, including clients, workers, investors, and the community. From the start, every new businessman ought to commit to working in an open and genuine way. This implies being clear around your business ethics, accepting mistakes, and communicating straightforwardly regarding your company’ s approaches, records, and planning. Also, transparency cultivates trust, which in turn can lead to more clients and a positive reputation during company formation in RAKICC.

Staying responsible is the key

Every firm has to stay responsible towards their role in the business community. That said, responsibility goes hand in hand with transparency. Moreover, it talks regarding your business activities and their results, both great and awful. Also, before initialing with the formation of your company, build up a culture where responsibility is valued at all levels of the organization. This incorporates making tools for input and guaranteeing there are clear records in place for tending to any issues or disputes. Additionally, a culture of responsibility empowers productivity and helps create a strong company during market entry Saudi Arabia.

Equality and Fairness

Fairness and equality are the signs of a strongly valued firm. Also, these are crucial to making a positive work environment and cultivating strong business connections. This implies giving equal opportunities for business, advancement, and innovation to all people, regardless of their foundation, sexual orientation, race, or any other characteristic. It also includes managing fairly with clients, customers, and competitors during company incorporation Dubai. That said, Building your company on the standards of fairness and uniformity can improve your reputation and draw in best talent and faithful clients.

Respecting the Privacy

The digital era of today is continuously advancing and same goes true for the business incorporation Dubai. This is where respecting the privacy of the customers and clients are more important than ever. Hence, prior to a company formation, it is fundamental to set up approaches that ensure sensitive data and comply with data protection laws. Also, this incorporates being transparent regarding how you collect, utilize, and store individual information and guaranteeing proper assent where required. At the same time, respecting privacy not only helps you avoid any legal pitfalls but also builds trust together with your stakeholders.

The importance of sustainability

Staying sustainable is the key to thrive for long during the market entry Saudi Arabia. Moreover, it is an ethical thought that amplifies past environmental affect. Also, it envelops the broader idea of conducting business in a way that's socially, financially, and ecologically sustainable. This means considering the long-term impacts of your business choices and endeavoring to play down negative impacts on individuals and the planet. Also, before the company formation, think how you'll be able to consolidate sustainable practices into your operations, products, or services. This may include anything from reducing waste and energy usage to supporting local communities.

Staying integral during marketing practices

Marketing can help strengthen your business growth plans in the long term as you plan for company formation in RAKICC. That said, marketing your products or services ethically is significant to building a proper brand. This implies avoiding tricky practices and guaranteeing that your marketing messages are honest and not deceiving. Earlier to company formation, commit to market your trade in a way that respects your clients and gives them with precise data to make educated choices. Also, integrity in marketing not only follows to legal guidelines but also cultivates long-term client associations.

Respecting the intellectual property

You must always respect the intellectual property, doesn’t matter if that belongs to your entity or not. This incorporates getting legal consents and licenses for the usage of third-party content and safeguarding your company’s intellectual property against infringement. Also, understanding and respecting intellectual property rights from the starting can help you avoid legal issues and cultivate a culture of inventiveness and advancement inside your company.

Staying engaged with the Community

You must also keep up the engagement with the community in a viable manner during company incorporation Dubai. That said, connecting and contributing to the community is an ethical practice that can help strengthen your company’s mission. Also, this may take numerous shapes, from charitable gifts and volunteer activities to supporting local businesses and environment preservation endeavors. Moreover, before company formation, consider how you'll make a positive impact on your community and consolidate social obligation into your business model.

Final words

Maintaining your ethics during the company formation process can help you grow further within the corporate community. Also, by committing to transparency, responsibility, fairness, privacy, and other aspects, you are supporting others while ensuring your overall growth. That said, setting up these ethical standards from the start help make a positive company culture, guides decision-making, and guarantees that your business contributes emphatically to society.

#market entry Saudi Arabia #company formation in RAKICC #company incorporation Dubai #business incorporation Dubai

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piptaninternationa · 4 months

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Offshore Company Registrations - A Guide to Starting a Business Abroad

Offshore company registration refers to the process of establishing a legal entity in a country or jurisdiction other than the one in which the company operates or is headquartered. These offshore jurisdictions are typically known for their low tax rates, relaxed regulations, and high levels of confidentiality and privacy. Offshore company registration has gained popularity among businesses for a variety of reasons, including tax optimization, asset protection, and increased privacy. The process of registering an offshore company typically involves hiring a professional service provider, such as a law firm or corporate services provider, to assist with the incorporation process. The service provider will typically guide the client through the process of selecting the most appropriate offshore jurisdiction, based on the client's specific needs and objectives, and then assist with the necessary documentation and filings to establish the company.

#financial advisory firm #cheapest citizenship by investment #Offshore Company Incorporation Dubai

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uaeexpension · 1 year

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How much does it cost to incorporate a company in Dubai?

Dubai, the flag-bearer of UAE’s progress, is well-known for its flourishing economy. Moreover, the growing market, expanding opportunities, diverse start-ups, friendly policies, and ease of company setup makes it effortless to incorporate a company in Dubai.

#incorporate a company in Dubai #incorporate a company in UAE

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acuvatauditing · 2 years

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brf-rumortrackinganon · 3 months

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re: Sussex divorce etc. I read all the time that all their revenue and expenses are ran through various companies ( 12 incorporated in Delaware and Wyoming, and Archewell). The House was purchased via a trust created for this purpose.

In the event of a divorce, do they split ownership of all these companies 50/ 50 as per california state laws? How does alimony and child support work when everything is in company names and not their personal property?

For tax purposes i see the advantage of putting everything into Foundations, companies and trusts, but it seems complications arise in the event of divorce espevially when those companies are registered out of state. Which state's laws would they satisfy?

Further, i don't think Charles will help with the divorce ie supply lawyers and advise. FOR SURE he isn't on the hook for money because several ex-royals have tried to claim family dynasty wealth and lost which has set a legal precedent - see Tessa of Luxemborg and *Haya of Dubai.

*Haya of Dubai got a large settlement ( roughly £1/2B) which clouds the fact that in reality she got very little. Prior to the divorce, she purchased 2 large properties for herself in UK - one is in London next to KP plus she had a fortune in jewellery collected over the course of the marriage.

Aside from her properties, clothing and jewellery, she asked for over £1B for alimony plus her children's trustfunds, child support AND security.

Judge awarded her the properties, clothing, jewellery, children's trustfunds, child support and security. The alimony demand was slashed to less than £50M. The biggest chunk of her settlement ( almost 3/4 of entire settlement) was for security which the judge said would be at the highest level that money can buy for her and her kids' lifetimes as he agreed that her ex- Dubai hubby presented a clear and present danger for their lifetimes.

On a different note, i still shudder at the hostage video Princess Latifa of Dubai posted to youtube before she disappeared to be reprogrammed. That video probably saved her life and or gave her bargaining chips for better treatment unlike her sister Princess Shamsa who hasn't been seen in public or by rest of her family since her abduction in the early 00s.

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aristotle-tax-consultancy · 4 months

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The Cost of Incorporating a Company in the UAE

Incorporating a company in the UAE offers a gateway to lucrative business opportunities in one of the world's most dynamic economies. However, understanding the costs involved in the incorporation process is crucial for budgeting and financial planning. In this comprehensive guide, we'll explore the various costs associated with company incorporation in the UAE and provide valuable insights to help you make informed decisions for your business venture.

Understanding the Costs

Government Fees: One of the primary costs associated with company incorporation in the UAE is government fees. These fees vary depending on factors such as the chosen business structure (mainland or free zone), the type of license required, and the selected jurisdiction. Government fees typically cover registration, licensing, visa processing, and other administrative expenses.

Agent Fees: Engaging the services of a professional business setup consultant or agent is common practice in the UAE. These agents facilitate the incorporation process, liaise with government authorities on behalf of the company, and provide valuable guidance and support. Agent fees may vary depending on the scope of services provided, the complexity of the incorporation process, and the reputation and expertise of the consultancy firm.

Office Space: Depending on the nature of your business activities, you may be required to lease physical office space as part of the incorporation process. The cost of office space varies depending on factors such as location, size, amenities, and lease terms. Free zone companies may have more flexible options for virtual offices or shared workspaces, while mainland companies may require dedicated office premises.

Visa Fees: Obtaining residency visas for company shareholders, directors, and employees is an essential aspect of company incorporation in the UAE. Visa fees include application fees, medical examination fees, Emirates ID fees, and visa stamping fees. The number of visas required and the nationality of visa applicants may impact the overall visa costs.

Additional Costs: In addition to the aforementioned expenses, there may be other miscellaneous costs associated with company incorporation in the UAE. These may include legal fees for drafting contracts and agreements, translation and attestation fees for document processing, transportation costs, and insurance premiums.

Tips to Save Money on Incorporation Costs

Choose the Right Business Structure: Carefully consider the most suitable business structure (mainland or free zone) based on your business activities, objectives, and budget. Free zone companies offer cost-effective solutions with tax benefits and streamlined procedures.

Compare Service Providers: Research and compare the fees and services offered by different business setup consultants and agents. Choose a reputable and experienced consultancy firm like Aristotle Tax Consultancy that offers transparent pricing and tailored solutions to suit your needs.

Optimize Office Space: Explore cost-effective options for office space, such as shared workspaces, co-working facilities, or virtual offices, particularly if physical presence requirements are minimal for your business activities.

Plan Ahead: Plan your incorporation process meticulously and avoid unnecessary delays or revisions that may incur additional costs. Clear communication with your service provider and adherence to deadlines can help minimize extra expenses.

Negotiate Fees: Don't hesitate to negotiate fees with service providers, especially for bulk services or bundled packages. Seek clarity on the breakdown of costs and inquire about any available discounts or promotions.

In conclusion, while incorporating a company in the UAE incurs certain costs, careful planning and strategic decision-making can help mitigate expenses and optimize value for your investment. By understanding the various cost components and implementing cost-saving measures, you can embark on your business journey in the UAE with confidence and financial prudence.

Ready to embark on your company incorporation journey in the UAE? Contact Aristotle Tax Consultancy today for expert guidance and cost-effective solutions tailored to your business needs. Let our experienced consultants streamline the incorporation process and help you achieve your entrepreneurial aspirations in the vibrant business landscape of Dubai.

#aristotle tax consultancy #company registration #company incorporation in dubai #accounting firm in dubai #accounting services in dubai #business setup consultant in dubai

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e3khatena · 8 months

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so whats the deal with overkills the walking dead?

I'm glad you asked! (approx. 2,300 words)

So our story starts during Payday 2's first anniversary, the Fall of 2014. Players had to attain certain community goals to get new things to play with during their first annual Crimefest event, and the last two prizes were secret. They wound up being John Wick as a playable character, and the trailer for a new game Overkill was working on, based in the world of The Walking Dead comics. The premise was simple: it was set in the same part of the world as Payday 2, Washington DC, and would involve players trying to keep themselves and their camp alive during the zombie apocalypse made popular in Robert Kirkman's graphic novels and the AMC TV show. Given the fact that Payday 2 had proven to be a tremendous cultural hit around this time, getting the likes of Giancarlo Esposito and making cameos in the Wick movies at the height of their popularity, and given how at the moment it is very possible to argue that Payday 2 might have sold more copies than Super Mario Brothers 3, it would seem that OTWD was in good hands.

The problem, though, was their CEO. Bo Andersson used pressure he conjured up in Varvtre AB, a holdings company he was on the board of directors for, to become the CEO of Starbreeze when they acquired Overkill Software, the makers of Payday: The Heist and Payday 2. This also moved Bo from a role within the games industry alongside his brother to being his brother's superior and putting him in a firmly business role. This was good for Bo, because it would allow him to scrape capital from Overkill on their pursuit into superstardom to fund his own dream project: Storm.

Storm was a concept that Bo had been working on since 2008, the idea of bringing virtual reality back from being a curious novelty we played with in the 1990s into a mainstream competitive eSport. Players would wear tactical vests with computers built into them and a 5K resolution HMD that Acer would develop with the aid of Starbreeze in a massive bespoke arena, and using a combination of LIDAR scanning, realtime texture mapping, and the Valhalla game engine Starbreeze paid $8 million for, their physical arena would turn into a sci-fi deathmatch where players would cooperate to eliminate the enemy team and seek victory.

Bo Andersson was paying tens of millions of dollars to invent Laser Tag.

But how does this tie into The Walking Dead? Well, as a proof of concept, the work that Overkill had done in their in-house game engine, Diesel 2.0, would be ported into Valhalla to bring Overkill's The Walking Dead to life. Overkill's employees had long complained that Diesel could not compete visually, and even incorporating proper normal maps and bumping up the texture quality could not shake the appearance of a Source Engine or early Unreal 3 title. Despite releasing in 2013 and with the game now moving into 2016, onto the 8th generation of consoles, Payday 2 was not a looker and Overkill's The Walking Dead faced the same fate.

The problem, though, is that Bo Andersson bought the Valhalla Engine, which was being designed for VR first and foremost, much too early. The engine was literally incomplete, and the programmers had to write tools for the engine before they could write any code for the game itself. After nearly a year of work, they did bring Valhalla into a usable state, and used its VR prowess to power Payday 2's VR version. Bo also proposed a VR demo of Overkill's The Walking Dead to be hosted in Dubai, at VR Park (now titled PlayDXB), to demonstrate the game, the headset, and the VR technology to Middle Eastern investors who could free Bo from the shackles of Scandinavian game development and make him the worldwide name in VR. This delayed their actual non-VR Walking Dead game, which had serious funding from Skybound Entertainment and Robert Kirkman, past its intended 2016 street date. The game was nowhere near finished as Overkill staff were pulled back and forth to so many different projects within the studio. They received an extension to their deadline, Fall 2017, and work continued on the Valhalla Engine and the VR demo.

Fast forward another year. Starbreeze puts out Raid: World War II, a Diesel 2.0 title in which four players steal from the Nazis in almost exactly same manner as in Payday 2, starring John Cleese as the handler for the crew, and some trailers commissioned for their Walking Dead game using virtually zero actual in-game assets, and Skybound makes them an ultimatum: if the game is not out by November 2018, then they lose the rights to the license. They have wasted the rights holder's time and money for too long, and the project is dragging its heels with a CEO seeing it as a low priority to get their contractually-obligated co-op FPS for PCs and consoles out versus his ambitions of filling an entire space in Dubai with his name, his brand. Overkill developers, who had been clamoring for years to use an actual engine that makes sense for FPSes, finally get their wish, and Bo Andersson invests in commercial licenses for Unreal Engine 4. The problem now, though, is that the staff have a year to make the game in Unreal, with the caveat that they have zero experience in the engine. If they had made this move two years ago, they'd have the time to commit to learning the ins and outs, but they don't.

Overkill goes into crunch, with staff sleeping in the offices and working 100-hour weeks to learn Unreal and take what the documentation and tutorials offer them and implement it into their Walking Dead title, reverse-engineering the concepts they had implemented into the Diesel and Valhalla versions of the game and dropping them into Unreal. Bo Andersson, all the while, is going on vacations and not coming in on the regular, spending his time playing zombie games for inspiration and coming to the staff with his own ideas for the game based on them. Glory Kills, Special Infected, robust base maintenance mechanics and the ability to command teams of non-player survivors on missions all wound up in the game with little actual regard for how these pieces fit together. By the time that he realized he should be more actively hands-on, he only had a scant few months to spend with the staff at the final mad dash to make a playable product. The game was playable at E3, with two demo levels, and one of them playtested so poorly that the staff had to pull it from the rotation, but when Bo heard this feedback he would not tell his staff. He told them the game was testing great at E3, that people loved it.

Overkill's The Walking Dead released on the 7th of November, 2018, a week after Payday 2 ended support by letting players kill fallen angels and solve a giant puzzle wheel about the in-game lore in order to turn Bain, the player's main contact, into the US President via a body-swapping artifact used by the ancient kings of Kataru, who were gifted immortality at the same time common man was gifted the knowledge of good and evil at the Garden of Eden. While the clown-themed robbery game ended on a confusing note, Overkill's The Walking Dead was getting started to a whole heap of roughness. The game's combat was frustrating, with hordes of walkers that had to be put down one clumsy charged melee swing at a time and human enemies who fired off AKMs and MP5s with reckless abandon. Their noise would draw hordes, which would need to be contended with via your own noise, as dealing with a few dozen enemies with melee combat was awkward and difficult.

Being grappled by a zombie cost a health bar and a half in a game where your starting character had on average four healthbars to their name, and the underlying gameplay, despite being completely linear missions in level and objective design, were just Payday heists at the end of the day. Hell or High Water involved you raiding a camp owned by The Family, an antagonistic gang your camp is at war with, and stealing their supplies. In turn, they arrive at your camp and you kill five waves of them in Worse Than Walkers, in a move no different than Payday 2's Safe House Raid mission, with no zombies in sight. The camp-building mechanics, which were tied to player level and their ability to tend to the needs of their workers, were a confusing mess of UI elements that did not mesh together, and all weapons were earned in a gachapon-style case system and would degrade over time, requiring the player unjam them, fix them with the supplies they need to keep camp morale up, or watch them fall into disrepair. There was also no tutorial mission, with the game opening with The First Shot, the E3 demo mission that tested so poorly they stopped running it.

Overkill's The Walking Dead performed poorly, both critically and commercially, and Starbreeze went right into damage control. The game's high price tag to low gameplay ratio was combatted with a $30 version that required paying for the missions $60 players got for free. Season 2 went into production very quickly, with fixes to the base game, new weapons, and new survivors being promised within the coming months. Unfortunately, this was too little, too late, as Skybound issued a cease and desist to their business partner after just three months of sale, and by February 2019, Overkill's The Walking Dead was just as much a corpse as the undead shamblers present in the video games.

Perhaps what sealed the fate of the game wasn't its overall quality, as The Walking Dead is home to a large number of subpar games, but its tone and gameplay. Overkill's The Walking Dead is a very staunchly libertarian take on the franchise, pitting the player with the idea that they are to be a colonizing force, destroying an antagonistic camp and treating the other people just trying to survive as cannon fodder not unlike if they were just walkers with guns. This is no surprise given another face at Overkill, executive producer Almir Listo, having a robust fascination with libertarianism and the cult of personality that surrounded fringe Right-wing groups. Almir himself is not a conservative, but he has proven time and time again that he thinks the way Donald Trump talks is funny and has an interest in American conservative viewpoints and conspiracies as an outsider looking in, likely not helped by an unnamed comics writer taking over Payday 2 in its final year to turn the game about robbing banks into one with an ancient conspiracy and Nephilim to mow down with your MG42 or M16.

The Walking Dead is a story about its people and how they're shaped by the conflict, by the apocalypse that surrounds them, and while Kirkman expressed early interest in the sound-based horde gameplay encouraging quiet takedowns and swift, accurate gunplay, it is very possible that the idea of not just a bad Walking Dead game, but a bad Walking Dead game from a popular studio that fundamentally misunderstands the world of The Walking Dead and needs to fall back on generic bandits and raiders to fill its spaces a la Bethesda's open world titles was a bad look. We'll never know for certain, though, as the game has been pulled from sale for ages.

But this brings us to sometime last week. September 21st marked the launch of Starbreeze Studios' (formerly Overkill Software's) Payday 3. The game features a lot of the stuff they had worked on for The Walking Dead (weapon models, a rework to the Shield enemy, armor working exactly like health in OTWD) but also a ton of its own ideas, and in general the gameplay is very solid. The issue, though, is the progression and a number of bugs that hamper the experience, alongside requiring a Starbreeze Nebula account and online connection to play, with no offline mode to speak of, which caused problems when the servers for the game were down for its first three days after launch. Starbreeze promised a patch was coming shortly thereafter, but on October 21st, a month after the game released, someone with ties to Starbreeze, fed up with the Starbreeze Nebula account requirement and persistent Internet connection to play a game with obvious issues and no Patch 1 release date in sight, released the final build of Overkill's The Walking Dead. This featured a proper tutorial, made the original The First Shot into an optional random encounter a player could take on for additional resources, a slew of new weapons, a wandering trader who could sell you blueprints to the DLC's guns, and the rest of Season 2's missions. The leaked build is not playable online but is DRM-free, running just fine completely offline and preserving the game for future generations to point and laugh at, albeit without any help to ease the difficulty for a game that expected four human players at a time.

Perhaps the weirdest part of the leak is that it brought out a handful of fans from the woodwork who view Overkill's The Walking Dead as an underrated gem buried before it could truly shine, individuals who feel the game could be one of the studio's best with enough polish, and as a result Robert Kirkman has been once again inundated with people asking about the now five year-old game, hoping to give it another chance. I, personally, feel that the clumsy pacing, questionable storyline bearing little similarities to the graphic novels it's based on, and the over-reliance on generic bandits voiced by Payday regulars Josh Lenn and Joseph Balderrama prevent the game from being anything but a really weird footnote in a company's confusing, convoluted history.

#overkill #starbreeze #payday #the walking dead #gaming

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