The Ministry of Finance to introduce federal corporate tax on business profits, effective for financial years starting on or after 1 June 2023. The UAE designed corporate tax to minimize the compliance burden on businesses and to incorporate the best tax practice in UAE among the world . The companies will become subject to UAE…
In our last blog we have focused on the process of opening a technology company in Dubai and UAE. This time we will be covering the importance of having an online Presence and also e-Commerce as a channel of sales and distribution. Till end of 2019 online presence and e-Commerce arm of the business was…
In a span of a few decades, UAE has transfigured to an economic power house of opportunities and immense future prospects. Dubai has been established itself as a comprehensive and integrated center of business activity. The city has scaled to heights as a global commercial capital fostering new entrepreneurs and setting up a technology company…
The wait is finally over !! On 1st October 2021 UAE carved a niche in the global community with the dawn of the Dubai Expo 2020.Through a majestic and spell binding inauguration , the world will witness the doors open to a six month spectacular journey which will be a celebration of human mastery and…
Have you ever considered the possibility of outsourcing your payroll ? scroll down to discover some reasons why you should perhaps consider the same : 1. Compliance Payroll errors and omissions may lead to severe penalties and Employment legislations are constantly being updated to correspond with the changing labor climate and market, therefore relying on…
We are very excited to announce the launch of our newly designed website. Visit us at nexconsultants.com. After 3 months of hard work and dedication, we are delighted to officially announce the launch on July 12. 2021. We wanted to make the new website faster, easier to navigate, and more user-friendly. As a business consultant and…
The United Arab Emirates real estate market is one of the most esteemed in the world, with potential investments of returns and yields outpacing many famed property hotspots such as United Kingdom, Hong Kong, New York and Singapore. Investing in properties in the Dubai – United Arab Emirates through Dubai Holding Company has many advantages.…
The UAE government has broadcasted that foreign nationals would be allowed to own 100 percent of commercial companies within the country, eliminating the need for a UAE National to hold the majority share. The amended legislation came into effect 1 June 2021 . The new rule is anticipated to bring about a fundamental change in…
