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.
As Dubai continues to attract a diverse array of businesses and expatriates, the need for professional financial services has grown significantly. Among these, income tax consultancy has become increasingly important as individuals and corporations seek to navigate the complex landscape of taxation.
In today’s fast-paced business environment, effective human resource and payroll management is vital for organizational success. In the United Arab Emirates, where compliance with labor regulations and precision in payroll processing are paramount, choosing the right software ..
The UAE offers a vibrant and dynamic business atmosphere, characterized by its strategic location. Setting up a mainland company vs. a Freezone company in the UAE is a pivotal decision for many businesses. Each option comes with its unique set of advantages, legal frameworks, and costs.
Dubai’s real estate market offers a diverse range of investment opportunities. Investors typically choose between off-plan and ready-to-occupy (or ready) property investments. Both options have their distinct advantages and challenges. Understanding these can help investors make more informed decisions.
Dubai, United Arab Emirates (UAE), is a city that has transformed itself from a desert landscape into a booming metropolis. Known for its iconic skyscrapers, luxurious shopping malls, and rich cultural heritage, Dubai is now also emerging as a global hub for technology and innovation.
Dubai, a vibrant and thriving city located in the United Arab Emirates (UAE), has been known for its extravagance and ambition, with its iconic structures like the Burj Khalifa and the Dubai Miracle Garden, showcasing the city’s architectural prowess and technological advancements.
If you’re interested in starting an e-gaming business in the UAE, there are certain steps that you need to take to obtain the necessary licenses and comply with the relevant laws and regulations. NEX Consultants can provide end-to-end support to launch a successful e-gaming business in the UAE.
RAK offshore company stands for Ras Al Khaimah offshore company and is a type of company known as an International Business Company (IBC) in the UAE. Ras Al Khaimah is the northernmost emirate of the UAE, which is an incredible location for businesses and entrepreneurs.
One of the most attractive options for setting up a company in Dubai is through its various free zones, which offer a range of benefits to foreign investors. Among these, IFZA (International Free Zone Authority) has gained prominence as a cost-effective and efficient free zone for company setup.
Opening a company bank account in Dubai is a crucial step for businesses to manage their finances effectively and conduct transactions smoothly. With a wide range of banking options available, it’s important to choose the right bank that suits your business needs.
An effective AML framework is pivotal in ensuring that Dubai’s commodities and precious metals sectors operate transparently and maintain their global reputation. Explores the fundamentals of AML compliance, its importance and overview of Dubai’s regulatory environment.
Registering a trading company in the International Free Zone Authority (IFZA) in Dubai, UAE provides entrepreneurs with a host of benefits, including a strategic location, business-friendly policies, and extensive support services. IFZA is renowned for its efficient and streamlined registration process.
UAE Golden Visa is a residency visa program offered by the UAE government to foreign investors, employees, entrepreneurs, and highly skilled professionals. It grants the visa holder and their family members the right to reside in the UAE for an extended period, typically ranging from 5 to 10 years.
AML, Anti-Money Laundering, refers to a set of laws, regulations, and procedures designed to prevent and detect illegal financial activities, such as money laundering and terrorist financing. It is crucial for businesses to comply with AML regulations in order to protect their reputation…
Dubai is a modern city that boasts state-of-the-art infrastructure and an array of facilities and amenities that cater to all lifestyle needs. From luxurious homes, high-end restaurants, and world-class shopping malls to a range of family-friendly activities and outdoor adventures, Dubai is a city that has something for everyone.
We get service income from consultancy activities rendered outside UAE, do we have to pay tax? We get income from export of goods from UAE, do we have to pay tax? We get income from manufacturing or processing goods for freezone, do we have to pay tax? Our turnover is less than 3 million , do we have to pay corporate tax?
In recent years, Dubai has witnessed significant developments in the real estate sector and has emerged as a hot spot for property investors. Dubai’s real estate market offers a unique mix of economic stability, tax benefits, a growing economy, and high-quality properties, making it an attractive destination for investors.
A JAFZA registered agent plays a crucial role in the process of setting up a company in the Jebel Ali Free Zone in Dubai, UAE. JAFZA is a leading free zone, offering business-friendly legislation and world-class infrastructure, making it a highly sought-after business destination for entrepreneurs and investors from around the world.
In today’s rapidly evolving business landscape, organizations are constantly seeking ways to optimize their operations and enhance productivity. One increasingly popular approach to achieve these goals is through accounting outsourcing. Specifically, in Sydney, Australia, businesses are discovering the outsourcing benefits
The United Arab Emirates (UAE) is known for its thriving business environment, which has attracted a large number of expatriate workers to the country. To ensure the welfare of employees, the government has implemented various labor laws and regulations. One such measure is the Employee Protection Insurance Scheme.
In Dubai, UAE, opening a salary bank account for employees is a common practice. It offers numerous benefits to both employers and employees, ensuring convenient and secure salary transactions. In this article, we will explore the importance and key aspects of salary bank accounts for employees in Dubai.
Outsourcing accounting services has become increasingly popular among businesses of all sizes. Whether you are a small startup or a large corporation, outsourcing your accounting functions can offer numerous benefits. In this comprehensive guide, we will discuss the process of outsourcing accounting.
Opening a consultancy company in the International Free Zone Authority (IFZA) in Dubai, UAE offers numerous advantages for entrepreneurs. IFZA provides an ideal environment for starting and growing a consultancy business with its strategic location, business-friendly policies, and extensive support.