In order to align the entire region with global standards in the prevention of base erosion and profit/income shifting (BEPS), the UAE government introduced the Economic Substance Regulation (ESR). Economic Substance Regulations (ESR) have been enacted by the UAE and apply in all jurisdictions of the UAE, including financial free zones such as the DIFC.…
The United Arab Emirates (UAE) has been associated with oil and lavish tourism for decades. Yet, the UAE may exceed Silicon Valley’s technological prominence in the next 10 years. Dubai also has a strong history of the pioneering digital revolution in the Middle East. Now, in a bid to make it the world’s first blockchain-powered…
You have several configuration types to pick from when incorporating a business in Dubai and the UAE. You can set up a mainland company or a free zone company if you’re trying to establish a business to trade from or within the UAE. However, you might establish a UAE Holding firm if you are trying…
People are traveling frequently in today’s day and age and are becoming pragmatic on where they choose to live and function. In modern-day countries with minimal to no taxes is becoming increasingly common, this is a consequence of the value it holds over those places that have a high consistent tax bracket. The UAE is…
As it offers a strategic venue, Dubai is continuously becoming one of the most popular spots for corporate and industrial setups. From any corner of the globe, this busy UAE city is readily available, and the environment it offers makes it a great option for all kinds of existing and prospective companies. Companies of all…
The real estate industry is one of the most promising sectors in the UAE, and it has also helped improve other companies and industries. In the UAE, the furniture sector is just one of the many firms uplifted by the real estate industry. The UAE is a global business destination and furnishing facilities are needed for…