Dubai is the most business-friendly emirate in UAE. It achieved this status especially with the extensive use of free zones that provide complete foreign ownership and tax-free environment to foreign investors. Dubai is currently holding 27 free zones out of a total 45 in the UAE. Few of these free zones in Dubai accommodate a…
The tax free era in UAE has now completely ended. With the start of taxes on various goods and services, people are getting introduction for paying extra on various items. The UAE government is also trying to reduce problems of common people by providing complete information about the goods and services affected by VAT (value…
Value Added Tax (VAT) has taken effect in UAE since 1st of January 2018. The tax is laid on most of the services and goods and a rather complete list of tax-affected items was issued by UAE government before implementation of tax. But the list was not a comprehensive one and there was some ambiguity…
UAE is providing one of the world’s best experiences for offshoring. An important aspect of offshore business in UAE is its availability in various locations. Offshore business is provided by various emirates of UAE and all these emirates have their own rules regarding businesses. This is a unique opportunity available in the country as such…
A week has passed since the implementation of value added tax (VAT) in UAE. Most of goods and services are slightly affected with the implementation of this new tax. But it seems that both common people and entrepreneurs have gladly accepted the slight increase of prices of various products and services as they are hopeful…
Dubai, Abu Dhabi and Sharjah are considered most important emirates of UAE as far as business is concerned. But most of the people (including foreign investors) usually neglect the business opportunities available in other smaller emirates of UAE, while there are immense opportunities available for foreign investors in these smaller emirates also. One such example…
