The UAE’s Federal Tax Authority (FTA) has started issuing refunds to businesses penalized for missing corporate tax registration deadlines, providing welcome relief, especially for small and medium enterprises (SMEs). These refunds follow the FTA’s May 2025 announcement offering an automatic waiver or refund of the AED 10,000 late registration penalty, provided businesses submit their corporate…
DetailsThe Ministry of Industry and Advanced Technology (MoIAT) has signed two pivotal Memorandums of Understanding (MoUs) aimed at accelerating the UAE’s industrial and economic development. The agreements were formalized during the fourth edition of the “Make it in the Emirates” forum held at the Abu Dhabi National Exhibition Centre. The first MoU was signed between…
DetailsIn a pioneering move to enhance investor protection and strengthen digital financial regulation, the United Arab Emirates has officially introduced a ‘finfluencer licence.’ Announced by the Securities and Commodities Authority (SCA) on May 28, 2025, the new licence mandates that all individuals sharing financial or investment advice through digital or traditional media must now be…
DetailsIn a significant move to bolster economic relations, the United Arab Emirates and the Sultanate of Oman have signed an agreement to develop the Al Rawdah Special Economic Zone (SEZ) in Al Buraimi Governorate. The signing ceremony was attended by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, during his official…
DetailsIntroduced in October 2022 under the UAE’s Advanced Visa System, the Job Seeker Visa allows skilled professionals to enter the country without a sponsor to secure a job in Dubai, UAE. It offers single-entry access for 60, 90, or 120 days and is designed to attract global talent across key industries. Unlike traditional visit visas,…
DetailsThe food manufacturing industry in the UAE is growing fast and is expected to reach USD 23.21 billion by 2025. Big companies like Almarai, Agthia, and Al Ain lead the way with quality and new ideas, but there are also great chances for smaller businesses. New trends like plant-based food, organic items, and eco-friendly packaging…
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