05-11-2007, 04:40 PM
Dears,
In UAE, one needs to have a local partner. This is the biggest and toughest requirement. Otherwise the initial investment is not more than 15 lac rupees.
Such local partner is I think compulsory for first five years and it means a pakistani has nothing to earn during these first five years.
This practically happens. I was thinking to establish a practice in Dubai along with some qualified friends but did not opt it due to this local partner issue.
Regards,
Kamran.
In UAE, one needs to have a local partner. This is the biggest and toughest requirement. Otherwise the initial investment is not more than 15 lac rupees.
Such local partner is I think compulsory for first five years and it means a pakistani has nothing to earn during these first five years.
This practically happens. I was thinking to establish a practice in Dubai along with some qualified friends but did not opt it due to this local partner issue.
Regards,
Kamran.
