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…
The United Arab Emirates is set to introduce the first Direct Tax in its history, Corporate Income Tax, honoring International Taxation Practices and diversifying income sources. It is time for business entities to prepare themselves for the change. As a result, a lot of queries pop up! Nex Consultants has consolidated the frequently asked questions.…
According to the “Best Cities Index of Retirees,” Dubai was the top-ranked city in providing financial security and legacy management for retirees. The company Veolar, specializing in medical services and supplies, and Magmatic Research for diversified research, released the list of the 14 best cities for retirees. The index is a study aiming to assess…
The UAE residency visas will be issued through Emirates ID cards rather than paper stickers on passports from 11th April 2022, as per the circular issued by the Federal Authority for Identity, Citizenship, Customs and Ports Security (ICA). The residency visa stamp is a sticker applied on the holder’s passport once they complete the medical…
One of Dubai’s most spectacular monuments has found its spotlight on the face of Dubai – The Museum of the Future located on Sheikh Zayed Road is now officially open to the World! As part of the Dubai Future Foundation initiative, this landmark was inaugurated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice…
Dubai will once again showcase the largest and innovative exhibition in the food and beverage (F&B). Gulfood 2022 returns to the Dubai World Trade Centre (DWTC) for its 27th edition. Running from February 13- 17 2022 Gulfood, the most competitive global F&B sourcing platform and unlocking unlimited opportunities in global food B2B market. The show will…
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…
