Dubai has gained the reputation of being an international city due to the presence of an extremely large number of foreigners for business, job, and other reasons. Today, more than 85% of the residents are foreigners. They are living there as investors, employees, workers, traders, etc. For all these foreigners living in Dubai, an important…
Dubai has one of the most exciting demographics in the whole world. There is small number (around 15% of total population) of local citizens residing here that are outnumbered by people from all around the world that are either living as residents or travel to the city as tourists. Large proportion of these residents (both…
The achievement of the government of Dubai to make it as one of the leading business destinations in the world is primarily due to its ambition and determination. It valued innovations in its strategy and stuck to it from beginning till now. Dubai was a small city just few decades ago but now it is…
UAE is known for providing best and favorable business opportunities for businesses around the world. Apart from that, the country is also known for political and economic stability. It is the reason that entrepreneurs from around the world are heading towards UAE (especially Dubai) for taking advantage of immense business opportunities. Apart from that, many…
In December 2017, European Union blacklisted 17 countries for being tax havens and use of these locations by companies and individuals for money laundering, tax evasion and criminal activities. But after reviewing the steps taken by these countries in the later months, now the EU has decided to remove the names of 8 countries from…
The tax free era in UAE has now completely ended. With the start of taxes on various goods and services, people are getting introduction for paying extra on various items. The UAE government is also trying to reduce problems of common people by providing complete information about the goods and services affected by VAT (value…