UAE Allows VAT Refund For Tourists

The importance of tourism is undeniable for economy of UAE. It is one of the most important revenue-generating sectors in several emirates of UAE especially Dubai and Abu Dhabi. These and other emirates have made special structures, entertainment places to attract tourists from various parts of world. Along with that, best medical and educational facilities…

UAE Retains 1st Spot In Arab World For Innovation

Since past several years, UAE has been on the surge for new discoveries and innovations on scientific, educational and business affairs. It is due to adoption of knowledge-based economy where more facilities are provided to professionals and talented persons in various fields. They are also allowing positive changes to make things easier for businesses. This…

Types Of Companies Allowed In Dubai

Dubai is hub of business in UAE. In fact, the fame of UAE as a business-friendly country is mainly due to the emirate of Dubai. Since past several decades, Dubai has been attracting foreign entrepreneurs due to numerous incentives and facilities it offer to all types of businesses. An important reason that variety of businesses…

Number Of VAT-Free Free Zones Increase To 23

The government of UAE has always tried to provide some additional advantage to companies present in free zones as compared to the businesses in UAE mainland. Through these additional benefits, UAE is trying to compensate for limitations of these free zones and attract more and more companies towards them. It is helpful in creating balance…

UAE Sees 2018 Fastest Non-oil Growth In June

Several reports and statistics are confirming positive effects of UAE’s firm stance on growth of non-oil private sector. UAE has taken several steps to bolster this area in order to minimize its reliance on oil sector, especially after oil crisis 2014. For this purpose, UAE is trying to provide incentives and facilities to several other…