Business
DMCC Free Zone – The World’s Best Freezone
Dubai Multi Commodities Centre (DMCC) Free Zone is the largest and most important free zone in Dubai and UAE. The specific free zone was established in 2002 and its continuous…
UAE Reveals Complete List Of Vat Rates For Goods And Services
UAE and Saudi Arabia are the two gulf nations set to implement value added tax (VAT) from 1st of January 2018. There is lot of concern and research on this topic in UAE by…
UAE To Surpass Global Growth In Tourism Sector
UAE is continuously driving its efforts to diversify its economy in order to reduce the effects of oil crisis. Fortunately, few emirates (especially Dubai) had already developed…
Legal
UAE Implements New Work Permit Rules
A new fee structure for work permit has been enforced today in UAE by the Ministry of Human Resources & Emiratisation (MOHRE) after its approval by cabinet recently. According to…
UAE Retains Best Living Standard In The Arab World
According to a latest report by the Legatum Institute (a UAE based private investment firm), UAE has retained its position as the most prosperous country in the whole Arab world…
UAE Rejects VAT Delay Request
The government of UAE is determined for the implementation of value added tax (VAT) on due date (1st January 2018) and it is evident from the latest incident in which a plea from…
VAT To Be Imposed On Few UAE Private Universities
Just one month is now left in the implementation of value added tax (VAT) in UAE but the things aren’t completely cleared yet. There are still several speculations going on about…
Business
Advantages Of IBC For International Trade
International Business Company/Corporation (IBC) is a type of offshore company that is established in few exclusive jurisdictions (tax havens) under the laws of that locality.…
Dubai Ruler Signs Vat Executive Order
The time for implementation of Value Added Tax (VAT) is approaching in UAE and now the ruler of Dubai (who is also PM and vice president of UAE), Sheikh Mohammad bin Rashid Al…