Professional firms are those which consist of professionals and practitioners and practice non-commercial activities. In setting up a professional firm, 100% foreign ownership, sole proprietorships or civil companies are permitted. The firms, which are registered as professional companies or firms may only practice specific activities and not extend that to any commercial business. These activities include the following services:
- Legal practice and consultancy
- Auditing, Organizing and keeping accounting records and books
- Civil engineering and architecture consultancies.
. Firm (UAE OR GCC citizens) Establishing a sole proprietorship
The law permits the establishment of a sole proprietorship for the Unite Arab Emirates (UAE) nationals or nationals of Gulf Cooperation Council (GCC) countries. Since the procedure and conditions differ in every case, the following is a list of conditions applied to each case for establishing sole proprietorship.
The UAE national individual who wishes to practice a business activity may apply to the Department of Economic Development on the specified form for obtaining a license to practice the required activity with the following documents:
reliable & safe
Licensed by the Cyprus Securities and Exchange Commission under licence number 138/11 in accordance with the Markets in Financial Instruments Directive.
Insured Client Funds
We are a proud member of the Investor Compensation Fund which acts as a guarantor of last resort for our investors. IFC covers the maximum amount of 20.000 EUR for MiFID clients.
Investor’s money is kept in segregated accounts with top-tier banks that cannot be claimed by creditors or used by us. Account base currencies are available in EUR, GBP, USD, CHF and JPY.
Negative Balance Protection
Through the use of an automated transaction monitoring and risk management system, a Consulting WP client’s account will never be allowed to reach negative balance.
Extreme Transparency Policy
Our Extreme Transparency Policy ensures that the client receives a transparent price feed, transparent liquidity, transparent historical data, transparent market information at all times.
USD 825.000.000 NOP
The total value of all of the client’s open positions combined (net open position) may not surpass USD 825.000.000.
Range of markets
Trade Forex with leverage, sixty currency pairs, fast execution and No Dealing Desk.
Trade 15 Index CFDs and take a position according to your view of the overall market.
Trade gold and silver and take advantage of our advanced platforms and no-deposit-fees policy.
Trade Brent Crude and WTI light crude oil. No deposit fees.