Dubai Announces New Measures Assist Businesses

Dubai Announces New Measures To Assist Businesses

Business activities are considered as backbone of Dubai’s economy. Thousands of local and international companies have setup their businesses in Dubai that provide jobs to millions from various parts of the world. Every year, several more incorporate in the city to get maximum benefits of business opportunities available here. The government of Dubai is completely…

Growth UAE Retail Sector Despite VAT

Growth Seen In UAE Retail Sector Despite VAT

 The implementation of value added tax (VAT) in UAE at the start of year 2018 was a new step that wasn’t quite welcomed by most of the businesses. There was quite distress and fear among companies about payment of their taxes and decrease in their business activity due to increase in prices of their products…

AI add $182b UAE economy in future

AI Will Add $182b In UAE Economy In Future

The government of UAE is moving rapidly towards a completely change in direction of its economy. The wise rulers of the country are certainly aware that they can only progress in this modern world by using education and technology to its greatest extant. Due to this, the focus is completely on altering the focus of…

FTA Procedure For UAE Nationals Refund VAT

FTA Announces Procedure For UAE Nationals To Refund VAT

Value added tax (VAT) in UAE is covering most of the sectors in the country. But there are also few exceptions from this newly implemented tax. One such area is the residential homes. Recently, the FTA (Federal Tax Authority) has announced the procedure for UAE nationals through which they can refund VAT for newly constructed…