The UAE Ministry of Finance has announced a new Cabinet Resolution outlining administrative fines for businesses that fail to meet the requirements of the country’s Electronic Invoicing System. The resolution applies to entities covered under Ministerial Decision No. 243 of 2025, while companies using the system voluntarily will not face penalties until compliance becomes compulsory.…
DetailsRas Al Khaimah’s real estate market has entered one of its strongest phases in years, with new data showing a sharp rise in prices, record off-plan activity and expanding investor demand across key waterfront communities. Freehold residential values rose 14.9% in the third quarter of 2025, pushing the emirate’s property index to 122.2 points. Apartments…
DetailsThe UAE Ministry of Finance has confirmed a new amendment to the country’s tax procedures law, with changes set to take effect on 1 January 2026. The update is issued under Federal Decree-Law No. (17) of 2025, introducing clearer rules for refunds, audits, and taxpayer rights. The ministry said the step aims to make tax…
DetailsDubai’s construction industry is booming, the UAE building materials market is expected to hit $11.44 billion by 2033. Planning to start a building materials trading company in Dubai? You’ll need to understand the building materials trading license requirements first. Setting up requires key decisions: Dubai mainland or free zone, trade license costs, and company formation steps. This guide covers everything from choosing…
DetailsDubai generates over 22 million tons of waste every year. The government wants 75% of it diverted from landfills by 2030. This isn’t just an environmental goal,it’s created a real business opportunity in the recycling industry, particularly in metal scrap. The numbers back it up. The UAE stainless steel scrap market will grow from $5.2…
DetailsGetting a vending machine license in Dubai is simpler than most looking to start expect. While the business setup involves government approvals and paperwork, understanding the exact steps helps navigate efficiently. Whether planning to place vending machines in malls, metro stations, or offices, obtaining proper vending machine permit is your foundation. The Department of Economic…
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