Understand the concept of the UAE Foundation A foundation is an autonomous legal entity that is separate from its founder. The foundation consists of council members and the founder. The foundation's founder allocates assets to the foundation, which are treated as separate from those belonging solely...
If you're an aspiring entrepreneur or business leader looking to expand your company's reach internationally, Dubai is a great spot to set up your business. Due to its favorable tax system, Dubai is an excellent choice for any entrepreneur looking to start a firm. Whereas,...
Read this article to learn about the VAT (Value Added Tax) filing process for a business established in Dubai. What is Value Added Tax (VAT) Value Added Tax (VAT) is a consumption tax charged on a wide range of goods and services. More than 160 countries use...
This article highlights how you can get a UAE business residence visa and its key benefits. The United Arab Emirates is forecast to add four thousand new millionaires this year, more than any other country. Dubai is in a unique position of growth as a...
The UAE (United Arab Emirates) will launch a federal corporate tax on business profits from June 1, 2023. The UAE Federal Tax Authority will be accountable for the new corporate tax regime's supervision, collection, and enforcement. Here are the applicable corporate tax brackets under the new...
With nearly 20,000 registered companies and a workforce of 60,000 employees representing 180 countries, Dubai Multi Commodities Centre (DMCC) is one of the most successful free zones in Dubai and the world. Located in a 200-hectare business and residential community of over 100,000 people living...
Dubai International Financial Centre (DIFC) is one of the region's most forward-thinking and prestigious financial centers. It is home to most of the leading global banks, eight of the ten leading international law firms, three of the top five insurance companies, and has the most...
Abu Dhabi Global Markets (ADGM) is considered one of the premier international financial centres in the region. It is based on Al Maryah Island in the capital city of the United Arab Emirates. With its unique framework of English Common Law and independent legal authority, a...
Dubai is a grand trading center given its position on the globe; it is linked to continents like Europe, Asia, the Middle East, and Africa, both by sea and air. Therefore it holds great importance in the import-export business. Due to its position, it deals...
It is no secret that the UAE is one of the wealthiest nations in the world. With immense wealth comes immense modernization in various fields. In this case, Dubai is counted among some of the most advanced cities in the field of interior design and...