There are hopes and concerns after implementation of value added tax (VAT) in UAE. It was expected that the newly applied tax will impact negatively on businesses in UAE in earlier stages and its benefits will be seen after few months. But now it seems that dangers of negative impacts of VAT were not so…
DetailsThe exhibition season is in full flow in UAE, especially in the emirate of Dubai. This season provides opportunities for businesses around the world to take advantage of the presence of consumers from around the world that gather in UAE for recreation and other purposes. One such event that held every year and provides exposure…
DetailsOffshore banks are those that are located outside country of any bank account holder. But in normal usage, the banks that provide offshore banking services are called offshore banks. They are different from local banks that are also known as onshore banks. Offshore banks are mostly located in various offshore jurisdictions. These locations provide specific…
DetailsBusiness opportunities in UAE continue whole year but the best time for cultural, commercial and tourist activities in the desert country is from November to April. During this period, several events and exhibitions are held in the country. Now a new educational and business event has started in all the emirates of UAE in the…
DetailsValue Added Tax (VAT) is the hottest topic in UAE at this moment. There is lot of discussion among masses regarding the new tax on their lives and businesses. There are also concerns about the misuse of this tax by retailers and many people registered their complained to the government authorities about being charged heavily.…
DetailsA month has almost passed after the implementation of value added tax (VAT) in UAE and now it seems that the things are coming on track and the people are feeling it easy to solve problems related to the effects of VAT on their daily lives and businesses. According to UAE’s Minister of Economy, Sultan…
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