Pictured from left to right: Mr. Marwan Yassim Al Sarkal, Acting Chairman in the Investment Department of the Government of Sharjah, UAE and Mr. Timur Igamnazarov, CEO of IST Hungary, a Hungarian international consulting company.
IST Hungary - the whole range of consulting services in the UAE
IST Hungary is a Hungarian international consulting company that provides services to foreign nationals from all over the world:
- Company registration in UAE
- Assistance in opening commercial accounts
- Accounting (full support), tax optimization, consultation on current issues of tax legislation
- Advice on opening commercial and personal accounts
- Legal consulting. Full legal support in the conclusion of contracts between European companies.
- Partnership sessions. Consulting on increasing sales for business.
- Analytics
- Construction consulting. Consulting on design and construction of plants.
- Marketing consulting
- Migration consulting. Visas, residence permits, residence permits, citizenship.
- Business immigration consulting (initial residence permit for business owners and their families for up to 10 years).
- Advice on all types of long-term stay in the UAE
- Advice for employers in the UAE on obtaining work permits for expatriate employees from third countries.
- Advice on acquisition of residential and commercial real estate in the UAE
- Legal support for real estate transactions
- Attracting entrepreneurs and major investors to the UAE
including intermediary services.
Our services in the UAE
Business in the UAE
Our lawyers will advise you on all the intricacies and nuances of opening a company in the UAE and the next step is to register your company to conduct your international or local business in the UAE.
We assist in opening commercial accounts with UAE and Gulf Arab banks.
Our team of accountants and auditors are fully licensed and experienced. Our mission is to support your business in the United Arab Emirates. You will not be distracted by routine accounting tasks as our team will support you at every stage of your business and advise you on UAE taxation.
Our mission is to support your business in the UAE. We provide comprehensive support from consulting, opening company and bank accounts, obtaining long-term residence permits to supporting your business, organizing meetings with Government organizations or private companies in the United Arab Emirates.
Our real estate experts will find you the best properties in the United Arab Emirates. We will advise you on the best locations in the country to rent an office or commercial space.
Stages of work
Free Economic Zones (Free Zone) in the UAE
Free Economic Zones (Freezones or FZEs) in the United Arab Emirates are designated areas where foreign entrepreneurs can fully own their companies. Unlike other regions, a local partner or agent is not required to start a business in a FZE.
What are FZE and FZC?
FZE (Free Zone Establishment) and FZC (Free Zone Company) are forms of limited liability companies that operate within the rules and regulations of a particular free zone. These structures provide flexibility and ease of doing business.
How many free economic zones are there in Dubai?
There are more than 50 free economic zones in the UAE, each of which offers unique conditions and advantages. One of the main advantages is the simplified procedure for registering a business, which makes the process of opening a company quick and affordable.
Advantages of registering a company in a free zone
- Full foreign ownership: Owners of companies in FEZs can have 100% ownership of their business.
- Repatriation of capital and profits: Companies can easily move their funds and profits abroad.
- Streamlined registration process: Business start-up procedures in FEZs are simple and quick.
- Developing business community: Companies have access to dynamic ecosystems and established business processes.
- Variety of business opportunities: Each freezone offers different conditions and incentives, allowing investors to choose the best option depending on their goals and budget.
- Tax incentives: Companies in FEZs can be exempted from paying corporate tax and VAT.
Customs Duty Exemption: All companies in Dubai Free Zones are fully exempt from customs duties. - Autonomous legal framework: FEZs have an independent system of laws and regulations, which provides stability for businesses.
- Access to global markets: Companies in FEZs have easy access to both regional and international markets.
- Modern infrastructure: Free zones offer modern office and warehouse space with high-tech communications, as well as lower energy and resource costs.
- Support for technology companies: Some companies in innovative sectors can count on additional government incentives and access to financing.
Registering a business in the UAE Free Economic Zone is a great opportunity for foreign investors who wish to take advantage of favorable business conditions. The consulting company IST Hungary is ready to assist you at every step of the process, providing professional support and advice.
UAE Real Estate
Our residential real estate experts will prepare an analysis of the UAE real estate market for you to evaluate your investment. We also offer ready-made apartments, houses for rent to generate income from real estate in the United Arab Emirates.
Our local experts have in-depth knowledge of the local real estate market, dating back to the days when Dubai had virtually no skyscrapers and a large volume of real estate. We will help you choose the best and most attractive commercial real estate in the capital Abu Dhabi and other cities of the United Arab Emirates.
The UAE real estate market is actively growing and many new residential complexes and commercial premises are being built here. You can profitably invest your funds at the construction stage and sell the property after the completion of the project, receiving a return of up to 20-30%. Our lawyers will ensure the preparation of all necessary documents that will protect your interests as a foreign investor.
Investing in real estate starts with proper strategic planning and market analysis. Our experts will prepare for you an individual analytical report on real estate in the United Arab Emirates, so that you can profitably buy real estate and rent it out for a stable income.
UAE resident visas
The UAE Gold Visa provides foreign investors with a unique opportunity to live and do business in the United Arab Emirates, enjoying the privileges and stable business environment.
Residency in the UAE under the Golden Visa is one of the most attractive visa programs in the world.
Benefits of a Golden Visa to the UAE:
- Long-term stay: get a 10-year visa with automatic extension option.
- Tax benefits: 0% income tax and capital gains tax.
- Flexibility: ability to stay outside the UAE without risk of visa revocation.
- Banking security: strict bank secrecy and trusted financial institutions with no data sharing.
- Deposit Guarantee: unlimited protection of your funds in UAE banks.
- Family benefits: visa eligibility for spouses and children.
- Health Insurance: access to medical packages for golden visa holders.
How to apply for a Golden Visa for Investors:
There are two main ways to obtain a Golden Visa:
1. Capital investment:
Investors can obtain a 10-year visa if they meet one of the following conditions:
- Investing at least AED 2 million (approximately 540,000 USD, EUR, CHF) in an investment fund or bank account in the UAE.
- Registration of a company with a minimum authorized capital of AED 2 million or participation in an existing business with a financial contribution of at least AED 2 million.
- The investment must remain active for at least two years after obtaining the visa.
2. Real Estate Investments:
Investors purchasing real estate can also obtain a 10-year visa if the following conditions are met:
- The total value of the property must be at least AED 2 million (approximately 540,000 USD, EUR, CHF).
- If there is a mortgage, the down payment must be at least AED 2 million.
- The investment must remain valid for at least two years after the visa is issued.
The UAE Gold Visa opens doors to new opportunities and provides a high degree of freedom for investors. If you would like to know more about the gold visa process, contact us for a professional consultation.
After opening a company and preparing all the necessary documents, a businessman can apply for a long-term residence permit in the country. You can get a residence permit card for several years, but everything will depend on the size of your investment and business plan.
At the moment there is no visa for digital nomads in the UAE.
There is a possibility that the Government of the United Arab Emirates will amend the law and then employees who work remotely or business owners will be able to obtain a digital nomad visa.
Family members of the principal applicant can reunite with him/her and obtain long-term residency in the United Arab Emirates.
Bank accounts in the UAE and bank compliance clearance
We assist in opening personal accounts with local and international Gulf banks.
We assist in opening commercial accounts with local and international Gulf banks.
Our banking experts know all the intricacies of bank compliance in UAE banks and will advise you on all the intricacies and help you to prepare all the necessary documents correctly.
Tax consultations
Get professional tax assistance at our tax consultations for individuals. Our team of experts in UAE tax law offers customized solutions to optimize tax liabilities and minimize risks. We provide services from analyzing your financial situation to preparing the necessary documents. Trust IST Hungary - we make the tax process simple and transparent so that you can focus on achieving your goals in the UAE.
Optimize your company's tax liabilities with our professional advice. IST Hungary offers expert tax services for legal entities in the UAE, providing a personalized approach to each client. We will help you understand the complexities of local legislation, minimize tax risks and develop effective strategies to achieve your financial goals. Trust our experts - with IST Hungary your business will be well protected.
including mediation services.
photos are taken from free Internet sources.
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Address of our office in Abu Dhabi in UAE:
Business Center: Al Maqam Tower
G92Q+5QW – Al Maryah Island – Abu Dhabi Global Market Square – Abu Dhabi – United Arab Emirates