Economic Substance Regulation (ESR) was introduced by the UAE government in order to align the entire region with global standards in the prevention of Base Erosion and Profit/Income Shifting (BEPS). The UAE has enacted Economic Substance Regulations (ESR) that applies in all UAE jurisdictions, including financial free zones such as the DIFC. What is the…
For decades, the United Arab Emirates (UAE) has been synonymous with oil and luxury tourism. Yet in the next 10 years, the UAE may surpass the technological prominence of Silicon Valley. In the Middle East, Dubai already has a long tradition of leading digital innovation. Now, for the first time, Dubai will be pioneering the…
When incorporating a business in Dubai and the UAE, you have several setup types to choose from. If you’re looking to start a company to trade from or within the UAE, you can set up a mainland business or a free zone company. If, however, you are looking to start a business in order to…
In today’s world, people are traveling more and are becoming flexible about where they want to live and work. Countries with low or no taxes are getting extremely popular in the modern-day, this is a result of the advantage it holds over those places who have a high consistent tax bracket. UAE is a tax-free…
Dubai is continuously becoming one of the most popular spots for corporate and business setups as it provides a strategic location. This busy city of the UAE is easily accessible from every corner of the world, and the atmosphere it provides makes it a perfect choice for all kinds of established and prospective businesses. In…
