Dubai is one of few those cities in the world with high diversification in population. People from all around the world are residing in Dubai. Most of these people are entrepreneurs and investors that are in Dubai to take advantage of the tax free business economy of the emirate. Apart from that, large numbers of…
There is lot of discussion and searching for information regarding VAT (value added tax) in Dubai and among people intending to start business in the country as the tax will be implemented from 1st of January 2018. Both residents and entrepreneurs are somewhat worried about the effect of VAT on their everyday lives and businesses…
The era of tax exemption in UAE is over now thanks to the continuous fall of oil and petroleum prices in international market since 2014. The effect is most prominent in GCC countries and UAE is one among them where the governments are finding it difficult to retain the same level of tax free economy…
Dubai is one of the most advanced cities in the world that provides a high lifestyle not only to its citizens but also to the expats and entrepreneurs from all around the world that are residing there from all around the world. To guarantee the sustainability of these world-class facilities, few rules and regulations have…
The office is an integral part of every business. The modern inventions like messaging apps, video services, and cloud computing have reduced the need for a physical office for small businesses. But the rules in UAE have made it mandatory for companies in both mainland and free zones to rent an office. The only way…
Payment Service Provider (PSP) is a necessity in this modern age that offers online shopping services through electronic payments by using methods like credit card, direct debit, online bank transfer etc. while acting as a third party between banks and customers. The importance of online banking services is increasing all around the world with the…