Who Are the HENRYs? HENRYs—an acronym for High Earners, Not Rich Yet—represent individuals or households with substantial incomes but little net wealth or savings. HENRYs typically earn between $250,000 and $500,000, yet struggle to build significant wealth due to high expenses and obligations In the UK context, HENRYs generally earn over £100,000, but find themselves stretched thin by rising costs, taxes, and societal expectations A detailed view highlights the paradox: high salaries masked by minimal savings, persistent debt, and heavy financial responsibilities, making many HENRYs still feel like they’re living paycheck to paycheck “Despite earning salaries over £100,000 … many Britons — now dubbed ‘Henrys’ … are struggling financially.” Times Why It’s Difficult Being a HENRY in the UK Punitive Tax Structures Earning over £100,000 results in the gradual loss of personal allowance, leading to marginal tax rates up to 60–71%, when combined with national insurance and student loan repayments Loss of Family Benefits Crossing income thresholds often disqualifies HENRYs from benefits like tax-free childcare, further increasing household costs Lifestyle Creep & High Fixed Costs Many HENRYs live in high-cost areas, shoulder big mortgages or rent, pay for childcare, and support family members. These pressures leave little room for savings or investments Five Practical Fixes for HENRYs 1. Set Clear Financial Goals Define short- and long-term objectives (e.g. early retirement, buying property, relocation) to guide your financial decisions 2. Track and Control Expenses Use budgeting tools or spreadsheets to identify unnecessary spending and reinforce disciplined financial habits 3. Automate Savings & Investments Automating transfers to savings, ISAs, or pensions ensures consistent wealth-building, even without active effort 4. Proactive Tax Planning Work with advisers to reduce tax liabilities through pension contributions, ISAs, or bespoke strategies. This can keep more income working for you 5. Seek Professional Advice Financial planners can help HENRYs manage complexity—pension strategies, legacy planning, investment advice, and global mobility for expatriates Is Relocating Abroad the Solution? For HENRYs, moving abroad may offer a chance to stretch income further, but it comes with pros and cons. Advantages Tax incentives and lower cost of living in destinations like Portugal, UAE, or Singapore could improve saving potential and lifestyle quality. Expat financial services and advisers specialise in tax optimisation, wealth protection, and cross-border planning Considerations Visa and residency costs, potential language or cultural barriers, and the need for local compliance can complicate relocation. Healthcare, schooling, and lifestyle preferences may vary dramatically by country. Not every foreign jurisdiction offers strong pension or investment environments suited to long-term planning. For those favouring staying in the UK, cost-of-living pressures and high taxation can still be mitigated with proactive wealth strategies and advisory support. Final Thoughts Being a HENRY doesn’t mean you’re on a clear path to wealth, even with a six-figure income. The combination of high taxes, lifestyle demands, and complex financial obligations means smart planning is vital. Whether you choose to stay in the UK or explore opportunities abroad, your focus should be on building wealth, not just earning. Take action today: define your goals, track your spending, automate your savings, plan your taxes, and seek expert guidance. Feeling like a HENRY? High salary, but wealth isn’t growing? Our global advisers can help, whether you want to stay in the UK with smarter tax and wealth strategies or explore relocation options abroad for lower taxes and a better lifestyle.

The UAE remains a magnet for entrepreneurs, investors, and high-net-worth families thanks to its tax-free system, business-friendly regulation, and global reach. But thriving here is about more than just moving — it’s about building and protecting wealth with a long-term plan. Why the UAE Is Ideal for Expats Zero income, capital gains, and inheritance tax 100% foreign ownership in free zones Strategic location connecting Europe, Asia, and Africa Stable, well-regulated financial system with access to DIFC and ADGM frameworks Wealth Strategies for Expats 1. Tax-Efficient Investing Diversify across UAE real estate, global equities, and tax-advantaged instruments. Offshore accounts, when structured correctly, can provide legitimate asset protection. 2. Family Trusts and Succession Planning Avoid inheritance complications common in the UK or EU. Use trusts and wills to manage intergenerational wealth transfer under UAE law. 3. Business Structuring Free zones such as DIFC and ADGM allow for 100% ownership, with the added benefit of aligning business set-up with Golden Visa residency. 4. Retirement and Legacy Planning Use the UAE’s flexible estate and retirement frameworks to secure your long-term future, while diversifying globally to manage risk. How CSPs Help Corporate Service Providers (CSPs) are essential partners for expats. They handle: Business set-up and structuring Cross-border tax planning Compliance with local regulations Wealth protection strategies tailored to international families Final Thoughts The UAE offers unmatched opportunities to grow, protect, and pass on wealth. But success requires foresight, professional structuring, and an understanding of how local and global regulations fit together. At Mosaic Chambers Group , we provide bespoke wealth and relocation advice for expats and businesses, drawing on decades of international experience. From tax planning and business structuring to residency and estate management, we help you build a future that works for you and your family. Contact us today to start shaping your financial strategy in the UAE, with clarity, security, and no hidden fees.

The FTA’s key UAE VAT filing deadline is 28 August 2025. File on time to avoid penalties of up to 300%. Contact us for expert VAT compliance support.

Discover key estate planning considerations in Italy, UAE, Portugal, Cyprus, and Malta. Our global relocation experts provide expat tax advice, inheritance planning, and support with visas, property, and moving abroad — all with over 25 years of experience and no unexpected fees.

Discover how the UAE Golden Visa empowers UK entrepreneurs and investors with long-term residency, tax benefits, and business opportunities through strategic property investment and company setup.

Dubai is on track to attract more than 7,100 new millionaires in 2025, according to wealth migration reports. This makes it one of the fastest-growing wealth hubs in the world, with inflows driven by favourable tax policies , a premium lifestyle, and world-class infrastructure. But this isn’t just a trend—it’s a shift in how the global elite choose where to live, invest, and raise families. Why Dubai? Several factors make Dubai uniquely attractive for high-net-worth individuals (HNWIs): Zero income tax and capital gains tax Golden Visa programme offering 10-year residency Pro-business environment with minimal red tape English is widely spoken, and common law principles are applied in financial centres Excellent connectivity, education, and healthcare Dubai offers both a haven and a launchpad—safety, luxury, and opportunity underpinned by legal certainty. Who Is Moving? In 2025, Dubai is attracting: Entrepreneurs from Europe and South Asia Family offices from the UK, Russia and China Fintech, crypto, and AI professionals seeking regulatory clarity and innovation-friendly policy Retirees and global nomads looking for long-term stability and tax-neutrality This group isn’t just wealthy—they’re mobile, young, and digitally enabled. The Role of the Golden Visa Dubai’s Golden Visa allows investors, entrepreneurs, and professionals to secure long-term residency without the need for local sponsorship. Recent updates to the programme have made it more accessible: Minimum investment thresholds have been reduced Residency can now extend to family members Options exist for property owners, business founders, and talented individuals This flexibility makes it ideal for UHNWIs planning for residency-based tax efficiency. Impact on Dubai’s Economy and Society The arrival of more than 7,000 millionaires in a single year is having noticeable effects: Rising demand for luxury real estate in areas like Palm Jumeirah, Emirates Hills, and Dubai Hills Booming demand for private education and bespoke health services Growth in wealth management, private banking, and family office services These inflows are also reshaping Dubai’s global image—from oil hub to wealth capital. Conclusion: A Deliberate Strategy That’s Working Dubai’s rise isn’t accidental. It reflects years of careful planning, legal reform, and international marketing. As countries like the UK and Switzerland tighten tax rules and public sentiment turns against the ultra-rich, Dubai is doing the opposite—rolling out the welcome mat for global wealth. At Mosaic Chambers Group, we support clients across borders—not only in the UAE, but around the world. With hubs in both Dubai and the UK, our relocation and corporate services extend globally, making us the trusted partner for businesses serious about long-term growth. Get in touch below to find out more. DOWNLOAD OUR RELOCATION GUIDE

Imagine working from a sunny beach café or a swanky co‑working hub, taking on clients from around the world, and doing it all legally in a vibrant, tax‑friendly place. That’s exactly what the UAE Freelance Visa offers. Whether you’re a coder in Cape Town, a designer in Dublin, or a writer in Worthing, this visa opens the door to a flexible, exciting lifestyle in Dubai or any of the seven emirates. What Is the UAE Freelance Visa? The UAE Freelance Visa is a work permit that lets skilled professionals live and operate independently in the UAE for up to two years, renewable each year. It’s available in free zones like Dubai Airport Free Zone (DAFZ), popular with media, tech, marketing, education, and creative professionals Top Benefits at a Glance Legal and flexible work status: Enjoy working freelance—no local sponsor or employer needed Affordable setup: Costs are very reasonable Tax-free salary: Keep 100% of your earnings—no personal income tax in the UAE Fast approval: The visa can be processed in 30 days Family included: Once you meet the income requirement, you can sponsor your spouse, children, even staff Future residency: Freelance visa holders often qualify for the Golden Visa, offering a long-term stay Co‑working access: Free zones offer affordable co-working spaces—no need for an office lease offer aff Global connections: Join events, meet international clients, or land job offers from major firms in the region Who Can Apply? You’re eligible if you: Are 21 or older with a valid passport. Hold a degree or diploma and relevant work experience Have a portfolio showing clients mainly based abroad. Pass a medical exam and provide police clearance No need to be employed by a company—the DAFZ issues the freelance permit you need Why This Is a Great Option The freelance visa is ideal if you: Want total creative and scheduling freedom. Prefer remote work and managing your own clients. Like fast setup at lower cost than a full company. Want to live with family in a modern, safe, tax-free city. Have clients around the globe and want your freelance brand taken seriously. We Can Help You — Anywhere in the World At Mosaic Chambers Group, we're relocation specialists with global reach. We help you: Decide which country's freelance or remote‑work visa fits you best. Handle paperwork smoothly—from permit to Emirates ID and bank account. Book a call now to explore your options and begin your adventure—whether that's Dubai, Canada, Portugal, or somewhere else entirely! With the UAE Freelance Visa, you get freedom, opportunity, and a base in a global hub—all while earning from clients around the world. Wherever you dream of living and working, we’ll help you make it happen. DOWNLOAD OUR RELOCATION GUIDE

New UK legislation from April 2026 shifts tax liability in labour supply chains. Find out how umbrella companies, agencies, and end clients will be impacted – and why it’s time to prepare.

From 6 April 2027, unused pension funds and lump sum death benefits may face inheritance tax, with some also attracting income tax. Find out what’s changing, who pays, and how to prepare.

Dubai Courts has made a groundbreaking move by opening its first international hub in London, creating an official route for UK-based clients to access Dubai legal services without boarding a plane. Backed by Dubai Chambers and managed by Al Burj Holding, the launch of Dubai Hub London marks a bold step in Dubai’s global legal and commercial expansion. The timing couldn’t be better: with Dubai topping global charts for foreign direct investment, the emirate is clearly serious about its international offering. Why this matters This isn’t just a pop-up office, it’s a statement of intent. For UK investors, law firms, and businesses with interests in the UAE, the benefits are immediate: Direct access to Dubai legal services from central London Faster processing of contracts, cases, and licences Removes the friction of cross-border legal support Strengthens UK–UAE investment and legal ties What the Dubai Hub London offers If you’re advising clients who operate in or are entering the Dubai market, here’s what’s now available without leaving the UK: Legal Services (Dubai Courts) Document certification, notarisation, and signature verification Wills and contracts for non-Muslims Remote court case registration and hearing participation Legal translation and attestation services Business & Property Services Dubai property valuation and document amendments via the Dubai Land Department Trade licence registration, renewals and amendments through the Department of Economy & Tourism Residency, visa and ID support for investors and entrepreneurs via the General Directorate of Residency and Foreigners Affairs What’s behind this move? The hub is part of Dubai’s wider D33 economic agenda, aimed at attracting foreign capital and simplifying access for global investors. As Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, put it: “This is a strategic move to make Dubai more accessible to international investors and position the city as the world’s most dynamic business hub.” Benefits at a glance One-stop access to Dubai legal, commercial, and immigration services Increases confidence for UK-based businesses engaging with the UAE Reduces delay and red tape for those managing Dubai-related legal matters Opens up new routes for foreign investment in Dubai from London Forges a more connected, functional UK–UAE legal and economic relationship How can we help? Mosaic Chambers Group offers strategic, end-to-end support for clients using Dubai Hub London. We help interpret complex UAE legal procedures, prepare and submit documentation, and represent you from start to finish and beyond. Whether you're registering a business, handling property matters, relocating or trying to understand cross-border compliance, we ensure everything is handled accurately, efficiently, and in line with both UK and Dubai requirements. Our team works closely with Dubai-based professionals to deliver a joined-up, seamless experience, saving you time, reducing risk, and offering peace of mind.

From April 2026, Business Property Relief (BPR) and Agricultural Property Relief (APR) will be capped at £1 million per individual. Learn what’s changing, how trusts are affected, and what action to take now to minimise inheritance tax.

While Dubai steals headlines, Abu Dhabi is building something quieter—but no less impressive. Its financial centre, Abu Dhabi Global Market (ADGM), is becoming a serious global player, with asset managers, family offices, and sovereign wealth players setting up shop at record pace. What the Numbers Say ADGM recorded a 32% increase in registered firms in the past year Assets under management have surged by 245% Top-tier firms like BlackRock, Morgan Stanley, and Brevan Howard now operate from Abu Dhabi This rapid growth signals Abu Dhabi’s ambition to become a trusted centre for institutional wealth. Key Attractions Robust legal system – Based on English common law International credibility – Regulated to global financial standards Strategic sector focus – Encouraging fintech, asset management, and private banking Proximity to sovereign wealth – The UAE’s biggest SWFs are headquartered here Institutional Focus, Private Wealth Potential While ADGM is more institution-focused than Dubai, it’s also becoming a hub for: Private equity structures Fund platforms Single and multi-family offices Islamic finance and sukuk investments For UHNW families, Abu Dhabi provides a quiet, discreet base for global capital allocation. Regional Competition or Synergy? Rather than compete, Dubai and Abu Dhabi are offering complementary services: Dubai: Lifestyle, start-ups, global visibility Abu Dhabi: Institutional capital, long-term policy, tech depth Together, they create an unbeatable UAE wealth platform. Conclusion: A Centre for Global Capital Abu Dhabi’s rise is part of a broader Gulf narrative: long-term planning, economic diversification, and an embrace of global finance. For serious players in investment management and private capital, it’s no longer a question of if, but when they should establish a presence there. DOWNLOAD OUR FREE RELOCATION GUIDE At Mosaic Chambers Group, we support clients across borders, not only in the UAE but around the world. With hubs in both Dubai and the UK, our relocation and corporate services extend globally, making us the trusted partner for businesses serious about long-term growth. Get in touch below to find out more.

Dubai has officially claimed the top spot in global wealth migration for 2025, welcoming more ultra-high-net-worth individuals (UHNWIs) than any other city. Surpassing traditional powerhouses like London, New York, and Singapore, Dubai is rewriting the rules on where the wealthy choose to live and build their empires. But how did this transformation happen—and what does it mean? Key Figures Over 7,100 millionaires expected to arrive in 2025 More than 200 centi-millionaires (net worth > $100m) are relocating UAE's total millionaire population forecast to grow by 12% annually Dubai is now home to 25% of the Middle East’s private wealth This growth has pushed Dubai ahead of even long-established wealth centres. What’s Driving the Surge? Tax neutrality: Dubai has no personal income tax, inheritance tax, or wealth tax Visa flexibility: The UAE’s Golden Visa and retirement programmes appeal to a broad range of applicants Geopolitical neutrality: Dubai remains neutral, secure, and globally connected Real estate appeal: Prime property remains relatively affordable compared to global peers Lifestyle & brand: Dubai is now synonymous with luxury, efficiency, and growth Who Is Moving to Dubai? Founders from the UK and Europe seeking residency-based tax benefits Middle Eastern families seeking safe, stable jurisdictions for family offices Wealth creators in AI, crypto, and fintech UHNWIs fleeing political uncertainty in South Africa, Russia and parts of Asia Strategic Implications Dubai’s growing UHNWI base is having ripple effects across: Education: Surge in demand for top-tier schools Private wealth advisory: More business for lawyers, tax advisers, trustees Luxury services: Demand for concierge firms, supercar dealerships, and fine dining Civic planning: Roads, services, and infrastructure are being upgraded rapidly Conclusion: A Hub That’s Here to Stay Dubai’s ascent to the top of the global wealth migration table reflects a mix of strong policy, smart marketing, and genuine demand. For wealth advisers, trustees, and investment firms, the message is clear: if you’re not operating in Dubai, you’re missing out. At Mosaic Chambers Group, we specialise in helping UAE-based clients structure, grow, and protect their wealth. From inheritance planning to UK tax exposure, our team of dual-qualified advisers can offer practical advice with no jargon. Contact us today to book a confidential conversation with one of our experienced UAE wealth advisers.

The UAE has seen personal wealth more than double in the past ten years. From luxury homes to private equity portfolios, the country’s residents now control billions in assets. This surge has reshaped the local economy, and it’s opening new doors for entrepreneurs, service providers and investors. Whether you’re considering relocating your business or offering services to wealthy clients, understanding this trend is essential. The Numbers Behind the Surge Several factors have contributed to this rapid wealth growth: Inflow of global HNWIs and family offices Strong returns on real estate and financial markets Business-friendly government reforms Progressive residency programmes and tax environment Estimates now place the UAE’s millionaire population at over 110,000, with growth projections outpacing many G7 nations. How the Wealth Is Held The UAE’s wealthy aren’t just holding their money in bank accounts. They’re investing it across: Financial assets: Stocks, bonds, managed portfolios, private equity Real estate: Residential, commercial, and off-plan developments Alternative investments: Art, crypto, vintage cars, and private funds Family businesses: Still a core wealth driver in the region This diversification makes the UAE an exciting market for a wide range of advisory, investment and support services. What This Means for Entrepreneurs If you’re running or launching a business in the UAE , this wealth boom creates opportunity across: Legal and tax services: Trusts, wills, succession planning Luxury and wellness sectors: Clinics, concierge, retail Financial services: Portfolio management, insurance, investment advice Real estate: Bespoke developments, brokerage, management Education and personal development: Schools, tutoring, coaching As personal wealth rises, so does the demand for high-quality, discreet, and personalised solutions. The Rise of the Family Office Many of the UAE’s wealthiest residents are now formalising their affairs through family offices. These private entities manage wealth, succession, tax, and investments for ultra-high-net-worth families. This trend has created a robust secondary market for: Compliance support Governance services Investment due diligence Philanthropy and legacy planning Entrepreneurs and professionals in this space should consider the UAE a primary growth territory. Why Wealth Is Still Rising The fundamentals remain strong: No income or inheritance tax Young, entrepreneurial population Ongoing diversification away from oil Government investment in infrastructure and tech Global geopolitical stability and neutrality The country’s commitment to innovation, education, and openness means that personal wealth is likely to continue rising in the next decade. Conclusion: Prepare to Serve the New Wealth Class The UAE’s wealth story is only just beginning. For professionals, entrepreneurs and investors, the message is simple: position yourself now to support the rising demand from the Emirates' new wealth elite. Whether through direct business expansion or targeted services, there has rarely been a better time to act. Discover seamless relocation, efficient business setup, wealth management and comprehensive tax & family office services. Book a call with us today!

Billionaire hedge-fund veteran Michael Platt of BlueCrest recently moved to the UAE, highlighting a growing trend among UK financial leaders establishing a base in Dubai. This shift underscores the UAE’s appeal as a tax-efficient global finance centre. Who Is Michael Platt – and Why It Matters Michael Platt, co‑founder of BlueCrest, ranks among Britain’s wealthiest, with an estimated £12.5 billion fortune. His move from Geneva to Jersey – and now the UAE – signals more than personal preference; it marks a clever shift of global finance towards the Gulf. UAE’s Appeal: Tax, Time Zone, Legal Clarity Zero income tax and no capital gains or inheritance tax are core draws. Favourable time zone bridges Asia, Europe, and North America. English-based common law in financial centres like Dubai and Abu Dhabi offers familiarity and investor confidence. Direct access to sovereign wealth and HNWIs in a growing financial ecosystem. A New Financial Era in Dubai & Abu Dhabi Since 2022, BlueCrest Dubai has expanded to include trading desks and asset managers. Other notable financial operators like Brevan Howard and TCI have also set up shop . With 46,000+ professionals working in DIFC, the UAE is rapidly becoming a global financial hub. What This Means for Your Business You can set up regional headquarters in a tax-neutral environment. Access to experienced finance professionals and legal talent. Enhanced capital-raising opportunities within the region. Better risk control and succession planning via UAE jurisdiction. Practical Tips for Financial Firms Choose the right structure—DIFC, ADGM, or UAE mainland. Understand regulatory frameworks and licensing requirements. Leverage the UAE’s double tax treaties, plus zero tax for foreign-sourced income. Plan for residence/tax status for key executives (like Golden Visas). Create systems for back-office operations and regulatory compliance. Conclusion: Dubai’s Place in Global Finance Michael Platt’s move signifies a deeper shift. The UAE isn’t just a pleasant destination; it offers structural, regulatory, and fiscal advantages for global financial leaders. If you're considering relocating your business, the UAE deserves your full attention. Ready to make the move? Download our expert Relocation Guide for insider insights on moving abroad, managing your wealth, and planning your tax strategy. Want tailored advice? Speak to one of our senior advisors today. We're here to help you relocate with confidence and clarity.

In 2024, the UAE welcomed an estimated 6,700 new millionaires, according to real estate and wealth intelligence sources. These figures are expected to climb even higher in 2025. But this isn’t just a headline; it reflects a deep shift in how high-net-worth individuals (HNWIs) think about residency, taxation, and security in a changing world. Who’s Moving to the UAE? The UAE is attracting an increasingly diverse profile of HNWIs: Tech founders from Europe and Asia Crypto investors and digital asset managers Family businesses from India, Pakistan, and Africa Wealthy retirees from the UK and Europe What unites them is a desire for tax-efficient living, political stability, and lifestyle quality. Why Are They Choosing the UAE? Zero income, inheritance, and capital gains tax High-end real estate ownership with 100% foreign ownership rights Fast-tracked long-term residency via the Golden Visa programme World-class schools, hospitals, shopping and safety Connectivity: 8-hour reach to over two-thirds of the world’s population Compared to tightening tax rules in Europe or instability in other regions, the UAE offers a compelling base. Real Estate: The Preferred Asset Dubai and Abu Dhabi’s property markets have responded accordingly: Surge in prime property sales in Palm Jumeirah, Downtown, Emirates Hills Growth in luxury rentals and branded residences Family offices acquiring real estate portfolios as wealth anchors UAE real estate is increasingly viewed not just as a lifestyle purchase, but a strategic asset. Visa and Tax Planning Benefits For global citizens, the UAE offers more than sunshine. It's become a core residency strategy in global tax plans . Families are using: UAE as a non-resident base while limiting exposure to UK or EU tax systems Structures like offshore holding companies, DIFC foundations, and trusts Second passport or dual-residency applications alongside UAE residence Conclusion: UAE as a Global Wealth Safe Harbour The relocation of 6,700 millionaires is no anomaly. It’s part of a global rebalancing, and the UAE is positioning itself as the clear beneficiary. For wealth advisers , lawyers and investors, the trend is clear: more clients are asking how to make the UAE part of their long-term plan. Ready to make the move? Download our expert Relocation Guide for insider insights on moving abroad, managing your wealth, and planning your tax strategy. Want tailored advice? Speak to one of our senior advisors today. We're here to help you relocate with confidence and clarity.

In 2024, the UAE welcomed an estimated 6,700 new millionaires, with projections suggesting that number will rise in 2025. This wave of affluent individuals isn’t just boosting property sales—it’s transforming the Emirates into one of the world’s leading wealth destinations. For business owners and professionals looking for growth, security, and tax advantages, this trend is more than a headline—it’s a roadmap. Why Are Millionaires Choosing the UAE? High-net-worth individuals (HNWIs) are drawn to the UAE for several key reasons: No income tax, capital gains tax, or inheritance tax Golden Visa programmes offering long-term, flexible residency Stable political and economic environment Strategic location—ideal for global business and travel Strong infrastructure—from luxury property to global-standard healthcare and education In a world where fiscal scrutiny is tightening, the UAE offers a rare combination: financial freedom and lifestyle appeal. Where Are They Coming From? The UAE is attracting millionaires from a range of countries, including: The UK and Western Europe Russia and the CIS region India, Pakistan, and other parts of South Asia Sub-Saharan Africa North America, especially those seeking secondary residence options This diverse group reflects a global desire for geographic diversification, asset protection, and new opportunities in low-tax jurisdictions. Where Are They Settling? The most popular destinations within the UAE for relocating millionaires include: Dubai – Specifically Palm Jumeirah, Downtown, Dubai Hills Estate, and Emirates Hills Abu Dhabi – Saadiyat Island, Al Reem Island, and Yas Island Sharjah and Ras Al Khaimah – Emerging as alternatives offering lower costs and strong ROI These areas are attractive for both residential living and investment, offering freehold ownership, security, and easy access to international airports and business hubs. What’s Driving the Investment? Many of these millionaires are not just moving for lifestyle reasons—they’re also investing. Key trends include: Luxury property acquisition as a store of value Business relocation or the opening of new ventures in the UAE Family offices being established in Dubai and Abu Dhabi Investment in startups, tech, crypto and sustainable industries The UAE’s ease of doing business, absence of restrictions on foreign ownership, and progressive visa policies make it a natural choice for wealthy individuals looking to combine personal and commercial goals. What It Means for Existing Businesses The influx of high-net-worth residents creates demand for: Private banking and wealth advisory services Luxury goods and concierge offerings Education and healthcare at premium levels Custom property development and management Corporate services like tax structuring, trust setup, and business formation If you're already operating in one of these sectors—or considering a UAE expansion—this migration wave offers a ready-made audience of affluent, mobile, and motivated clients. Conclusion: A Defining Moment for the UAE With 6,700 new millionaires choosing the Emirates in just one year, the UAE has moved from regional powerhouse to global wealth destination. For those looking to move a business, establish a base, or simply secure long-term residency, the message is clear: Follow the capital. It’s heading to the UAE. At Mosaic Chambers Group, we support clients across borders—not only in the UAE, but around the world. With hubs in both Dubai and the UK, our relocation and corporate services extend globally, making us the trusted partner for businesses serious about long-term growth. Get in touch below to find out more. DOWNLOAD OUR FREE RELOCATION GUIDE

The UK's non-dom tax regime has undergone one of its biggest overhauls in recent history—and the ripple effects are already being felt. With new rules kicking in from April 2025, the Government hoped for a revenue boost. Instead, it’s seeing an exodus of high-net-worth individuals. So, what’s really going on - and more importantly, what should you do about it? What Has Changed? Chancellor Rachel Reeves has scrapped the long-standing "non-dom" (non-domiciled) tax status. Under the new rules: Anyone living in the UK for more than four years will now pay UK tax on their worldwide income and gains. Inheritance tax will also apply globally for long-term residents. Transitional reliefs are being phased in, but the long-term direction is clear: the UK is no longer the tax haven it once was for international wealth. What’s the Impact? Far from delivering the forecasted £3 billion in annual revenue, the policy may actually cost the Treasury money. Why? More than 4,400 directors of UK businesses have already left in the past year. Up to 40% of non-doms are expected to follow. High-profile individuals - such as steel magnate Lakshmi Mittal - are reportedly eyeing exits. If even a quarter of non-doms leave, analysts suggest the government could lose £12 billion instead of gaining revenue. A Possible Policy U-Turn? Faced with this unexpected blowback, the Chancellor is now reconsidering parts of the policy: Inheritance tax rules for non-doms may be softened. A longer transition period for bringing overseas funds into the UK at reduced rates is on the table. New proposals are circulating, from tiered tax bands to repatriation incentives. Why This Matters to You If you're a non-dom, an international business owner, or someone with global assets tied to the UK, this is a crucial time to: Review your tax residency and exposure Reassess inheritance and estate planning Understand your options for relocating or restructuring wealth How Mosaic Chambers Group Can Help At Mosaic Chambers Group, we specialise in helping clients navigate precisely this kind of legal and fiscal uncertainty. Our team offers: Expert advice on UK tax residency and non-dom reforms Tailored inheritance tax planning International structuring solutions Ongoing support as the rules evolve Whether you're already planning a move abroad or simply looking to future-proof your wealth, we’re here to help you make confident, informed decisions. Final Thoughts The non-dom landscape is changing fast, and with more tweaks likely to come, staying ahead of the curve is essential. At Mosaic Chambers Group, we bring clarity to complexity - so you can focus on what matters most. Need advice or a personalised consultation? Get in touch with us today.

Free zones in the UAE are specially designated areas created to attract international investment and support economic growth. They offer a business-friendly environment with fewer restrictions and greater flexibility, making them an ideal choice for entrepreneurs, startups, and multinational companies. Each free zone is usually built around a specific industry, providing tailored infrastructure, licensing options, and regulatory benefits to suit sector-specific needs. Across the UAE, there are more than 40 of these free zones, each offering full foreign ownership — a major advantage for international investors. In addition to this, businesses benefit from efficient services, advanced facilities, and simplified setup procedures. These zones are designed to remove common barriers to entry, helping companies save time, cut red tape, and operate with greater ease and confidence. What Are Free Zones? Free zones are specially designated areas offering foreign investors a compelling package: 100% foreign ownership Full repatriation of capital and profits No corporate or personal taxes, very low customs duties Streamlined, business‑friendly setup procedures Modern infrastructure and vibrant business communities Key Free Zones in Dubai Jebel Ali Free Zone (JAFZA) Founded in 1985, JAFZA is one of the world’s largest free zones. It hosts over 9,500 companies spanning logistics, manufacturing, trading and real estate. Strategically located next to Jebel Ali Port, Al Maktoum and Dubai International Airports, it handles trade through 150 global ports — contributing significantly to Dubai’s GDP and attracting 32% of FDI. Dubai Airport Free Zone (DAFZ) Established in 1996, DAFZ is home to over 2,300 businesses across 20+ sectors, employing around 17,000 professionals. Located adjacent to Dubai International Airport, it offers duty‑free setup, full ownership, repatriation and world‑class facilities. Dubai Silicon Oasis (DSO) Since 2004, DSO has been the go‑to hub for tech companies, offering serviced offices, industrial land, warehousing and R&D facilities within a vibrant residential community. Dubai Studio City Launched in 2005, this zone caters to TV, radio and film production, including music, animation and post‑production. It provides studios, workshops, offices and storage tailored for media professionals. Dubai CommerCity The first free zone dedicated solely to e‑commerce, CommerCity supports brands operating across the MENASA region. It’s split into business, logistics and social clusters, offering warehousing, last-mile delivery, e‑commerce tech and customs advisory. Dubai Outsource City Founded in 2007, this zone focuses on outsourcing services — from call and data centres to warehousing — and includes built‑in support for licensing, registration and visa processing. It’s also known for hosting workshops and community-building events. Dubai Science Park This Al Barsha South zone supports scientific research, innovation and laboratories. It’s home to hundreds of companies and 3,000+ professionals across biotech, life sciences and environmental technologies. Dubai Healthcare City (DHCC) Opened in 2002, DHCC is dedicated to medical services, education and research. It features hospitals, clinics, diagnostic facilities, medical universities and wellness services, drawing medical tourists and becoming a healthcare innovation centre. Dubai International Financial Centre (DIFC) Established in 2004, DIFC is a finance-focused zone regulated by its own authority and courts. Covering banking, insurance, asset management and fintech, it offers English-language common-law framework and 50-year tax guarantees. It now hosts over 3,000 firms. Meydan Free Zone Born in 2009, Meydan supports more than 2,500 business activities ranging from e‑commerce and media to real estate. Located near major logistics hubs, it offers serviced offices, residences, and partnerships with companies like Aramex, Noon, and leading banks. Why Register in A Free Zone? 100% ownership without a local partner Tax-free environment and low customs duties Simplified and fast incorporation process Access to global markets via ports, air, digital & financial networks Comprehensive support services and formal infrastructures Thriving communities of like-minded businesses Final Thoughts Dubai offers a rich ecosystem of free zones, each optimised for a different industry, purpose and stage of growth. Whether you're in logistics, media, healthcare, finance, or cutting-edge tech, there's a zone designed to support your strategy. The key is aligning your business activity, space and connectivity needs with the right free zone, tax advantages, top-tier facilities and a supportive environment tailored for success. Looking for more than just a company setup? Talk to us about full-service relocation and advisory.

Real Estate Investment Trusts, better known as REITs, have become an increasingly popular investment vehicle in the UAE. They offer attractive income returns, diversification, and access to high-quality real estate without the hassle of direct property ownership. Until recently, the UAE tax treatment of REITs wasn’t crystal clear under the new corporate tax regime introduced in 2023. Thankfully, that has now changed. In May 2025, the UAE’s Federal Tax Authority (FTA) released new clarifications specifically aimed at REIT investors, outlining how corporate tax applies and under what conditions REITs can continue to enjoy tax exemptions. Here’s what this means if you invest in REITs, manage a REIT structure, or advise clients who do. What Is a REIT? Let’s start with the basics. A Real Estate Investment Trust is a company that owns or finances income-producing real estate. REITs pool money from multiple investors and distribute the rental income as dividends. UAE REITs are regulated under Emirates Securities and Commodities Authority (SCA) guidelines and are designed to offer tax-efficient exposure to real estate, particularly in Dubai and Abu Dhabi. Corporate Tax in the UAE: A Quick Recap As of 1 June 2023, the UAE levies corporate tax at 9% on taxable income exceeding AED 375,000. While this doesn’t apply to personal income, investment structures—like REITs—fall within the scope of corporate taxation. That raised a big question for investors: Will my REIT distributions now be taxed? The FTA’s new clarification helps answer that. FTA Clarification: When Are REITs Exempt from Corporate Tax? The FTA has confirmed that REITs can qualify for tax exemption, but only under specific conditions. These include: 1. REIT Must Be a Qualifying Investment Fund To qualify, the REIT must meet the definition of a Qualifying Investment Fund under the Corporate Tax Law. That means: The main activity must be investing in real estate. The fund must be widely held and regulated. There must be diversification in the portfolio. 2. Ownership Thresholds Must Be Met The FTA requires that no single investor (other than a governmental entity) holds more than 50% of the REIT. This is designed to ensure that REITs remain publicly accessible, rather than acting as tax shelters for large private investors or families. 3. Regulatory Approval & Oversight The REIT must be regulated by a competent authority such as the SCA or the Dubai Financial Services Authority (DFSA). Self-managed or unregulated structures will not qualify. 4. Income Distribution Requirements REITs must distribute at least 80% of their annual income to investors. This ensures that the tax benefit is passed on through regular distributions, rather than stockpiling profits inside the structure. What This Means for REIT Investors If you invest in a qualifying UAE REIT, your dividend income remains tax-free at the REIT level—just as before. However: If your REIT doesn’t meet the FTA’s exemption criteria, its profits may now be taxed at 9%. REITs may need to adjust their ownership structure, governance model, or payout ratios to retain their tax-exempt status. This is particularly relevant for family offices, HNW individuals, and private real estate funds who may have previously relied on lightly structured or bespoke REITs. Practical Steps for REIT Managers and Investors Review REIT compliance with the exemption criteria, especially ownership and distribution policies. Structure new REITs carefully to meet FTA conditions from the outset. Audit governance and regulation, ensure your REIT is fully licensed and externally overseen. Inform investors proactively if their REIT is making changes to retain tax exemption status. Final Thoughts The UAE’s updated REIT tax guidance is good news for most investors, but only if the REIT ticks all the right boxes. If you’re managing a REIT, investing in one, or thinking about setting one up, it’s essential to get the structure right. That’s where we come in. Contact our Dubai or UK office today for tailored advice on structuring tax-efficient real estate investments under UAE law. Whether you're a REIT manager, property investor, HNW individual, or adviser working with clients in the real estate sector, we can support you with practical, commercially focused guidance. We're also open to collaboration with introducers and partners who need expert support in this area.

Thousands of entrepreneurs, SMEs, and global investors are searching “how to start a business in the UAE” or “best way to relocate a company to Dubai” in 2025 and for good reason. With zero income tax , strategic global positioning, and world-class infrastructure, the UAE has become one of the best countries to register a business. But before you can launch, there’s one key decision to make: Should I set up a Free Zone company or a Mainland company in the UAE? This guide helps you answer that question and choose the structure that aligns with your business goals, visa needs, and target market. Free Zone vs Mainland: What's the Difference? Here’s a breakdown: Mainland Company Definition: A mainland company is licensed by the Department of Economic Development (DED) and can operate across the entire UAE. Benefits of mainland company setup in Dubai: Full access to the UAE market, including government contracts 100% foreign ownership allowed for most activities More flexibility in permitted business operations Eligibility for government tenders Mainland company setup costs are typically higher because they require: Higher setup and licensing costs Office space (Ejari) is usually required More complex regulatory process Free Zone Company Definition: A free zone company is set up within a designated economic zone like JAFZA, DIFC, or DMCC, each offering tailored benefits for different industries. Why set up a business in a Dubai Free Zone? Lower setup costs and no Ejari lease required Simplified licensing and regulation Tax benefits, including exemptions from corporate tax and import/export duties 100% foreign ownership guaranteed Virtual office options available But there are trade-offs: Limited access to UAE mainland markets Not all business activities are allowed Visa quotas vary by zone Popular Free Zones in Dubai for 2025 JAFZA – For large-scale trade, logistics, and manufacturing DMCC – Commodities, crypto, and gold trading DIFC – Finance, investment, and asset management DSO – Technology, SaaS, and R&D DMC/DIC – Media, advertising, and tech companies DAFZA/DSFZ – Aviation and international trade Each zone caters to specific sectors, so your choice should align with your target industry and long-term business model. Ready to Make the Right Move? Whether you're a solo founder or relocating a global team, your UAE company setup should be aligned with your business strategy, not just your budget. UAE Business Reloca tion Guide - click to download. Mosaic Corporate Services are experts in international relocation and company formation, wherever you're headed. Get in touch to explore the best options for moving your business anywhere in the world.

If you’ve been hearing more about private banks, investment advisers, and wealth managers setting up shop in Dubai, you're not imagining it. Dubai has become one of the fastest-growing wealth hubs in the world, especially for British and European advisers. In the last year alone, over 60 new wealth management firms have opened offices in Dubai’s International Financial Centre (DIFC). But why is this happening, and what does it mean if you're a high net worth individual , entrepreneur, or investor living in the UAE? Why Dubai? Dubai offers something many wealth managers are now struggling to find elsewhere: a stable, tax-efficient , and business-friendly environment. While the UK has tightened its tax rules , especially for non-doms and those using trusts or complex structures, the UAE has continued to attract wealth with: 0% personal income tax No capital gains tax A strong legal framework under English common law (via DIFC) High quality of life and global connectivity For clients, this makes Dubai an appealing base. For wealth managers, it’s an opportunity they can’t ignore. What Wealth Managers Are Offering in Dubai With this surge in presence comes increased service availability for clients. If you're living in the UAE or spending part of the year here, you can now access: Discretionary investment management Estate and succession planning Family office services Tax-efficient structures and cross-border advice Advice on UK IHT (Inheritance Tax) and pensions These services used to be hard to find locally, but not anymore. Who's Coming to Dubai? The influx includes private banks and traditional discretionary fund managers, but also: Boutique investment firms Wealth tech platforms (offering digital tools for investing) Global tax advisers The DIFC now hosts more than 410 wealth and asset management firms, up from 350 the previous year. New entrants include British firms reacting to UK tax changes and seeking to serve their clients abroad. Why It Matters to UAE Residents If you’re based in the UAE, especially as a British expat or someone with international assets, this is a golden opportunity to get high-quality wealth advice locally. Key reasons to take action now: UK tax changes are affecting British expats Inheritance planning is more important than ever The local market now has more competition, which often leads to better client service You no longer need to fly to London or rely on Zoom calls to manage your finances; top-tier advice is available here in Dubai. Questions You Should Be Asking Is my current investment portfolio set up for UAE tax rules? How will UK inheritance tax apply to my estate? Should I structure assets through an offshore trust or foundation? Is my UK pension protected and efficient? Could I benefit from working with a local adviser who understands both the UAE and UK systems? Final Thoughts Dubai is no longer just a luxury destination or business stopover; it’s now a full-fledged global wealth centre. With top international firms setting up operations here, clients in the UAE now have access to world-class advice right on their doorstep. Whether you’re planning for retirement, protecting family wealth, or exploring new investment opportunities, this is a perfect time to act. At Mosaic Chambers Group, we specialise in helping UAE-based clients structure, grow, and protect their wealth. From inheritance planning to UK tax exposure, our team of dual-qualified advisers can offer practical advice with no jargon. Contact us today to book a confidential conversation with one of our experienced UAE wealth advisers.

We all think about the future, but how many of us feel confident about our retirement savings? In the UAE, that question is becoming more urgent. A new report shows that more people in the UAE, especially experienced employees and professionals, are asking for better, more personalised retirement planning. They don’t just want end-of-service benefits. They want flexibility, investment choices, and long-term financial security. This shift is important. It’s not just about pensions . It’s about how people feel about their jobs, their financial freedom, and their lives after work. What the Report Found The research, carried out by recruitment experts in the UAE, found that: Many mid-to-senior-level professionals now want a tailored approach to retirement savings. People are asking employers for more investment options, not just a lump sum at the end. There is a growing interest in structured retirement accounts, including schemes where employers contribute monthly, like pensions in the UK or US. It’s a signal that the typical end-of-service benefit (gratuity) may no longer be enough for the modern workforce. The Current Retirement Model in the UAE Right now, most private sector workers in the UAE receive an End-of-Service Benefit (EOSB). This is a lump sum based on how long you've worked for your employer and your final salary. But: It’s not invested, so the value doesn’t grow with time. You only receive it when you leave the company. If a company closes down or faces financial trouble, you may lose out. While the UAE has made improvements, such as introducing savings-style EOSB schemes, many companies still use the traditional model. Why Employees Are Asking for More Here are just a few reasons UAE professionals want better retirement planning: 1. Job Security Is Less Certain People change jobs more often than they used to. Relying on a lump sum after years of service isn’t practical for mobile careers. 2. Higher Earnings = Higher Expectations Professionals in sectors like tech, finance, and consulting are earning more, and they want retirement planning to match their income and ambitions. 3. Inflation and Cost of Living Even in a tax-free environment, the long-term cost of living matters. A static lump sum at the end of your career doesn’t keep up with real-world inflation. 4. More Global Workers Many people in the UAE have worked in multiple countries. They’re familiar with international pension schemes, and they want similar options here. What Are the Alternatives? Several companies and free zones in the UAE are already offering new models for retirement planning: Monthly savings schemes with employer contributions Access to regulated investment funds tailored to retirement Portable savings accounts that follow you between jobs Dubai International Financial Centre (DIFC) launched the DIFC Employee Workplace Savings (DEWS) Plan, which has been a model for reform. Other areas may follow suit. What You Can Do Whether your employer offers advanced schemes or not, you can still take control of your retirement plan: Start a private pension or regular investment plan with expert advice Set up a monthly savings goal, even if it’s small to start Ask your employer if they’re willing to make monthly contributions Consider tax and currency implications if you plan to retire abroad Final Thoughts The way people think about retirement in the UAE is changing, and fast. It’s no longer about waiting for a lump sum and hoping it’s enough. UAE residents want to invest, plan ahead, and build financial independence while they’re still working. If you're living and working in the UAE, the best time to plan for retirement isn't when you're 60. It’s now! We help people across the UAE, UK and other jurisdictions set up private pension plans, understand retirement investments, and structure savings that work whether you retire in Dubai, UK or move abroad. Speak to one of our advisers today for clear, practical help with your long-term planning.

Financial reporting might not be the most glamorous topic, but in the world of tax, it’s the backbone of everything. If your accounts aren’t accurate, your tax filings won’t be either. That means penalties, audits, and missed opportunities. This May, the UAE Ministry of Finance issued Ministerial Decision No. 84 of 2025, replacing the earlier Decision No. 114 of 2023. It raises the bar for businesses under the UAE Corporate Tax regime when it comes to how they prepare and submit their financial statements. Whether you’re a UAE-based entrepreneur, part of a family business, or advising HNW clients, here's what you need to know—and what to do next. Why Financial Reporting Is Critical in the UAE Since the launch of the UAE’s Corporate Tax regime in 2023 (at a standard 9% rate on profits above AED 375,000), accurate financial records have gone from "nice to have" to "non-negotiable." Ministerial Decision No. 84 of 2025 makes it even clearer: proper financial statements aren’t just paperwork. They’re essential for: Corporate tax returns Maintaining Qualifying Free Zone Person (QFZP) status Group structuring or business exits Investor confidence and bank funding What’s New in Ministerial Decision No. 84? 1. IFRS Is Now the Standard—No Excuses All financial statements must be prepared using International Financial Reporting Standards (IFRS). The days of using simplified or local formats are over. This may impact free zone companies and smaller entities used to minimal compliance. 2. Audited Financials Now Required for More Entities More businesses will now need audited accounts. This includes: Large businesses (by revenue or assets) Qualifying Free Zone Persons (QFZPs) Holding companies and entities within group structures Even if you weren’t previously required to undergo a statutory audit, corporate tax obligations now bring that expectation to your door. 3. Record Retention Obligations All financial records—statements, ledgers, invoices, and backup data—must be retained for at least 7 years and be ready for inspection by the Federal Tax Authority (FTA) at any time. Who Needs to Pay Attention? You’re affected if: You own or operate a mainland or free zone company. You’re a high-net-worth individual with a holding company or family office in the UAE. You’re part of a group structure, either local or cross-border. You want to maintain 0% tax status as a QFZP. You're planning to sell, restructure, or raise capital and need a clean financial trail. What You Should Do Next Here are your action steps: Audit check – Confirm if your business now falls under mandatory audit requirements. Align with IFRS – Ensure your accounts are being prepared to full IFRS standards (not partial or simplified versions). Update systems – Store records digitally and back them up securely for a minimum of 7 years. Speak to your adviser – If you’re unsure, now’s the time to get professional input before issues arise. Final Thoughts Ministerial Decision No. 84 of 2025 is part of the UAE’s wider move towards high-quality, internationally respected tax standards. It's a strong reminder that clear, reliable financial records are more than admin—they’re your strongest protection in a tax environment that’s getting sharper. Need help understanding what this means for your business? Contact us today to book a confidential call with one of our tax experts. If you’re a legal, accounting, or investment professional looking to refer clients, then enquire about becoming an Introducer with us. More information here.

The UAE continues to evolve as a global wealth management hub, with its latest reform offering a significant step forward for family foundations and holding structures. The Ministry of Finance has introduced a mechanism allowing holding companies owned by qualifying family foundations to elect tax transparency, aligning local rules more closely with international wealth structuring norms. This change is not just administrative—it’s strategic. It gives ultra-high-net-worth individuals, family offices, and private clients a new tool for succession planning, tax optimisation, and cross-border compliance. What Is Tax Transparency for Holding Companies? Under the UAE’s corporate tax regime, most entities are taxed at a headline rate of 9% on profits exceeding AED 375,000. However, this new development allows holding companies owned by approved family foundations to opt for “tax-transparent” status, meaning: Profits are not taxed at the company level Income is attributed directly to the foundation’s beneficiaries No corporate tax is payable by the holding company In effect, the entity becomes a "flow-through" for tax purposes, much like similar vehicles in the UK or US trust and partnership models. This aligns with the UAE’s broader commitment to tax neutrality for legitimate private wealth structures. Why This Matters for Family Offices and Wealth Managers At Mosaic Chambers Group, we work with clients who require flexibility, confidentiality, and robust compliance across multiple jurisdictions. This update achieves all three. 1. Enhanced Control and Oversight By allowing direct income attribution, families retain a clear line of sight over their holdings without triggering difficult corporate tax liabilities or double taxation. This supports long-term family governance and oversight. 2. Streamlined Succession Planning Transparent holding companies integrate smoothly into wills, trusts, and multi-generational planning tools. It becomes easier to pass on ownership and control while remaining compliant with local laws and international tax expectations. 3. Simplified Tax Filings Rather than preparing corporate tax returns for each entity, income is reported by the beneficiaries, making annual compliance more manageable and, in some cases, reducing overall administration costs. What Are the Conditions? Not every family foundation will automatically qualify for this election. To take advantage of the new rule, the following key conditions must be met: The family foundation must be registered and recognised under UAE law Transparent status must be elected formally with the UAE Ministry of Finance Detailed ownership and income allocation documentation must be maintained The structure must be managed from within the UAE Importantly, these requirements are designed to prevent misuse and ensure that legitimate private wealth structures benefit, while still aligning with OECD transparency standards. Potential Cross-Border Tax Implications Families with beneficiaries based outside the UAE must tread carefully. While the UAE may no longer impose corporate tax on the holding company, beneficiaries in other jurisdictions may face tax liabilities based on their share of income, even if distributions haven’t been made. This makes international tax advice essential. Strategic Planning Opportunity This reform offers a unique opportunity to: Revisit legacy structures that may be inefficient or outdated Consolidate ownership across multiple holding entities Prepare for future generational transitions with confidence Whether you're managing a Gulf-based family enterprise or overseeing international assets across Europe, Asia, and the US, this election mechanism gives you a new layer of flexibility, without sacrificing legal clarity or compliance. Final Thoughts The UAE’s tax transparency election is more than a technical rule change—it’s a powerful tool for wealth preservation, efficient tax planning, and multi-jurisdictional control. Families and their advisers should review existing structures now to see if this opportunity aligns with their long-term goals. If you’re advising a UAE-based family foundation—or managing one—now is the time to act. Contact Mosaic Chambers Group to explore how this change could enhance your structure and secure your legacy.

The United Arab Emirates (UAE) is one of the most attractive destinations in the world for entrepreneurs, investors, and multinational businesses. With its business-friendly environment, strong legal framework, and strategic location, the UAE offers the ideal conditions for companies looking to launch or grow their operations in the Middle East and beyond. Why Set Up a Business in the UAE? Strategic Global Access Located between Europe, Asia, and Africa, the UAE offers excellent connectivity to over 2 billion consumers and access to fast-growing global markets. Favourable Tax Policies The UAE has no personal income tax and a low 9% corporate tax (only applicable to profits over AED 375,000), making it a highly tax-efficient base for international businesses. Robust Infrastructure From modern airports and ports to advanced telecommunications and transport systems, the UAE offers everything needed for smooth business operations. Flexible Company Structures Choose between Mainland, Free Zone, or Offshore setups, depending on your business model, ownership preferences, and target market. Key Steps to Start a Business in the UAE 1. Define Your Business Activity Your chosen activity determines which licences and approvals are needed. Some sectors, such as financial services or education, require additional authorisation from regulatory bodies. 2. Choose the Right Business Structure Choosing the right business structure in the UAE is essential because it sets the foundation for how your company operates, grows, and complies with local laws. The structure you select affects everything from ownership rights and liability to tax efficiency and the ability to trade or raise capital. With the UAE offering various options tailored to different business needs, getting it right from the start can save time, reduce risk, and support long-term success. 3. Mainland vs Free Zone Mainland companies can trade directly within the UAE and with government entities. Free zone companies enjoy tax benefits and 100% repatriation of profits, but if a freezone company is seeking market entry into mainland UAE, you would need to consider a restructuring. Business Setup Process: Step-by-Step Select Your Activity – Choose from a list of permitted activities that align with your goals. Reserve a Business Name – Must follow UAE naming rules and avoid restricted terms. Get Initial Approvals – From the Department of Economic Development (DED) or your chosen free zone authority. Draft the MoA (Memorandum of Association) – Required for LLCs; outlines ownership, structure, and responsibilities. Secure Office Space – This is mandatory for most businesses. Free zones may offer co-working or virtual office options. Apply for a Trade Licence – Based on your activity: Commercial, Industrial, or Professional. Register the Company – Submit final documents to the relevant authority. Open a Corporate Bank Account – Required to legally operate and receive payments. Apply for Visas – For owners, employees, and dependents. Compliance and Legal Requirements VAT Registration – Required for businesses earning over AED 375,000 per year. Economic Substance Regulations (ESR) – Applies to specific sectors and requires companies to show they have substantial operations in the UAE. Ultimate Beneficial Ownership (UBO) and AML Compliance – Businesses must maintain transparent ownership records and follow anti-money laundering regulations. Beyond Setup: What Else to Consider Hiring & Workforce Planning Mainland companies must comply with Emiratisation quotas in certain industries. All employers must issue legal contracts, offer medical insurance, and follow UAE labour laws. Cultural Awareness Strong personal relationships and respect for Islamic values are key to doing business in the UAE. Observing local customs will help build trust and long-term partnerships. Intellectual Property (IP) Protection Registering your brand, trademarks, and IP rights with the Ministry of Economy is essential for protecting your business assets. Access to Funding The UAE offers a wide range of funding solutions, from government grants and incubators to VC firms and SME loan schemes. Regional and Global Expansion Once you’re established in the UAE, expansion into GCC countries and global markets is seamless thanks to the UAE’s extensive trade networks and logistics infrastructure. Why Choose Mosaic Chambers Group? At Mosaic Chambers Group, we do more than set up companies — we provide end-to-end support for entrepreneurs, investors, and established businesses. Whether you’re setting up in Dubai, Abu Dhabi, or across borders, we’re by your side every step of the way. What Makes Us Different? Global Reach With operational hubs in Dubai and the UK, we offer relocation and corporate services that extend well beyond the UAE, supporting clients in global markets. More Than a Setup Company Company formation is only one part of our work. We deliver aftercare, compliance monitoring, visa processing, strategic advisory, and personalised relocation support. Trusted Long-Term Partners Our clients enjoy a dedicated advisor and single point of contact — someone invested in their long-term success, not just their initial launch. Unmatched Quality of Advice Others may advertise the lowest setup costs. But low prices often mean low-quality support. Our advice is thorough, strategic, and built to save you from costly mistakes and delays. DOWNLOAD OUR FREE RELOCATION GUIDE At Mosaic Chambers Group, we support clients across borders—not only in the UAE, but around the world. With hubs in both Dubai and the UK, our relocation and corporate services extend globally, making us the trusted partner for businesses serious about long-term growth. Get in touch below to find out more.