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…
Dubai has introduced a pivotal regulation allowing businesses operating within free zones to expand into the mainland, making Company Formation in the UAE more flexible and accessible. This groundbreaking move, sanctioned by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, grants free zone enterprises—except financial institutions regulated under the Dubai International…
Dubai has launched the International Sports and Entertainment Zone (ISEZA), a groundbreaking initiative within the Dubai World Trade Centre (DWTC) Free Zone. This industry-specific free zone is set to transform the sports and entertainment sector by providing specialized business licensing, operational support, and a dynamic ecosystem for companies looking to expand in Dubai. A Dedicated…
Sharjah, UAE – In a strategic move to bolster security protocols and streamline investor services, the Sharjah Airport International Free Zone Authority (SAIF Zone) and the Hamriyah Free Zone Authority (HFZA) have engaged in discussions with the Sharjah General Directorate of Civil Defence. This collaboration aims to align safety measures with global best practices, ensuring…
The Abu Dhabi Department of Economic Development (ADDED) has introduced a strategic policy allowing businesses from other UAE emirates to set up in Abu Dhabi Mainland without the requirement of a physical office for the first year. This initiative aims to attract more investment, reduce setup costs, and foster a seamless business environment in the…