In a landmark move set to transform digital finance, three leading UAE entities — International Holding Company (IHC), ADQ, and First Abu Dhabi Bank (FAB) — have announced the launch of a new stablecoin backed by the UAE dirham. The initiative, revealed on Monday through a joint statement on the Abu Dhabi Securities Exchange, will…
Starting a real estate business in Dubai presents a unique opportunity within the thriving real estate market of the UAE. Whether you aim to establish a real estate brokerage firm or become a successful real estate agent, understanding the business setup process is crucial. From obtaining a real estate brokerage license from the Dubai Land…
Businesses managing the distribution of goods within or through UAE’s designated free zones can soon expect clearer regulations on how corporate tax applies to them. In a move that underscores the country’s ongoing commitment to transparency and a business-friendly environment, the Federal Tax Authority (FTA) will introduce updated guidelines to help these companies better understand…
A significant shift in the UK’s tax landscape is expected in May 2025, prompting an increasing number of high-income earners to consider relocating to jurisdictions with more favorable tax regimes—most notably, the United Arab Emirates (UAE). Key Changes in the UK Tax Policy Starting in May 2025, the UK government will implement a series of…
Any company in Dubai involved in import or export activities must have a Dubai Import Code issued by Dubai Customs. This unique identifier allows businesses to legally import goods into Dubai, ensuring compliance with customs regulations and smooth customs clearance. Without a valid import code Dubai also known as a custom import code, importing or…
Dubai’s booming tourism industry and high rental yields make it one of the best places to start an Airbnb business. With over 45,000 active listings and a growing demand for short-term rentals, investors and homeowners can generate substantial income in this market. Dubai’s Airbnb market offers one of the fastest return-on-investment (ROI) periods globally, with…