Free zone is an important aspect of UAE and all the 7 emirates are trying to make full use of these free zones for their economic growth. One of the most important free zones is UAE is Ras al Khaimah Free Trade Zone (RAK FTZ). The specific free zone was established in 2000. Recently RAK…
Dining out is an important feature of Emirati lifestyle. It is more prominent in big cities like Dubai, Abu Dhabi and Sharjah where large numbers of foreigners are residing and food items from various parts of the world is served in restaurants. It is the reason that hotel and restaurant business is growing steadily in…
Just a week is left in the enforcement of value added tax (VAT) in UAE but things are yet not completely cleared for most of the common people. There are still questions about application of VAT on various goods and services and the authorities are trying to simplify the situation as much as possible. One…
There is no doubt that Dubai is the hub of business in the whole Gulf region and it provides best business opportunities among all the emirates of UAE. One such indication is the presence of a large number of free zones in Dubai. But it doesn’t mean that other emirates are devoid of such business…
Now it has been confirmed officially that price of petrol and gasoline will increase soon after the implementation of value added tax (VAT) from 1st of January 2018. The confirmation is made by Federal Tax Authority (FTA) for the first time. DG of FTA told while replying a question that petrol available from service stations…
The emirate of Dubai contains highest number of free zones in the UAE and all these free zones are unique that are renowned in the whole world. But the most important and famous of all these is JAFZA (Jebel Ali Free Zone) which is one of the largest free zones in the world. But the…
