The Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses (“Corporate Tax Law”) was issued by the United Arab Emirates (“UAE”), on 09 December 2022. The Corporate Tax Law provides the legislative basis for the introduction and implementation of a Federal Corporate Tax (“Corporate Tax”) in the UAE and is effective…
Dubai is emerging as a commercial hub with the infrastructure you need for your business to gain a foothold. For a multinational business, Dubai is a preferred location because of factors like a strategic location, no personal income tax , availability of highly skilled multinational professionals, opportunities of obtaining the green visa , golden visa…
The United Arab Emirates is rapidly becoming the business hub in the world due to its investor-friendly atmosphere and tax benefits. UAE offers multilingual and highly skilled professionals with a stable regulatory environment and advanced innovation, which makes setting up of company in the UAE a lucrative opportunity for business owners. As an entrepreneur, investor…
Dubai, one of the emirates of the United Arab Emirates, is becoming one of the most popular choices for multinational companies and tech companies to register their operational offices. The key factor behind the relocation of companies is the availability of global talented workforce, a higher standard of living and tax benefits. In UAE, companies…
Explore the cutting-edge innovations in the food and beverage Industry. Gulfood Manufacturing 2022 is ready to reveal the next era of food manufacturing, including new ingredients and the latest technologies that will enable your business to reduce cost, grow, and innovate. The event will cover five sectors: Ingredients, Processing, Packaging, Supply Chain Solutions and Control…
GITEX 2022 is a five-day conference organised from 10th– 14th October 2022 at the Dubai World Trade Centre. The upcoming edition of the event is set to attract approximately 4500 exhibitors and more than 100 000 trade visitors. GITEX will witness more than 200 government entities from 170 countries, alongside tech giants, creative start-ups and…
A highly favorable tax climate and business-friendly regulatory environment make UAE the leading business hub in the Middle East. DIFFERENT TYPES OF COMPANY FORMATIONS IN UAE There are three types of business jurisdictions in the UAE, mainland, offshore and free zone. Mainland Company is also called an onshore company licensed by the Department of Economic…
Do you plan to relocate your family to Dubai on a residence visa? If so, you must be aware of the UAE Residency Visa procedures. This blog will review the documentation, process, and cost of obtaining a family residency visa in Dubai. Documents Attestation : First and foremost attestation of the documents including marriage certificate,…
