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Dubai’s New Food Logistics Hub – New Business Opportunities
- 13.07.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
No CommentsDubai’s plan to build the world’s largest logistics hub for food trade is set to create new business opportunities in areas such as import/export, warehousing, and food processing, with options to set up in free zones or on the mainland.
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Emirates ID: A Guide for Germans Moving to Dubai
- 13.07.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The Emirates ID is a mandatory identification card for UAE residents and essential for German businesses in Dubai to access various services and conduct operations legally.
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Mandatory Bookkeeping Requirements in Dubai
- 05.07.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
Is your bookkeeping helping you stay compliant with UAE tax laws, or could it be putting your business at risk of penalties?
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Luxury Market in the UAE: Great Opportunity for New Business Ventures
- 26.06.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
Is it a good time to establish a fashion business in the UAE? A new report from Chalhoub Group indicates rapid growth in the region’s luxury sector, now valued at USD 12.5 billion.
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UAE Central Bank Simplifies Company Setup for Fintech Startups with New Sandbox Conditions
- 26.06.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The Central Bank of the UAE introduces new Sandbox Conditions, simplifying company setup for fintech startups and attracting global innovation to the financial sector.
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TME Services Welcomes Prof. Dr. Christoph Juhn to Dubai, Enhancing Tax Consulting Services for German Clients
- 26.06.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
German companies can now benefit from enhanced tax consulting services in Dubai as TME Services partners with JUHN Partner GmbH Steuerberatungsgesellschaft, bringing Prof. Dr. Christoph Juhn’s expertise in German and international tax law to the region.
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UAE Ranks 7th Globally in 2024 World Competitiveness Report
- 22.06.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE has ascended to 7th place in the 2024 World Competitiveness Report, surpassing several advanced economies and showcasing improvements across economic, administrative, social, and innovation criteria.
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Is It Mandatory To Have an Accountant in the UAE?
- 22.06.2024
- Posted by: Uwe Hohmann
- Categories: Accounting, Dubai, Middle East
While not legally mandatory for all businesses in the UAE, having an accountant is highly recommended to ensure compliance with local financial regulations, efficient financial management, and support for business growth.
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Get Familiar With the Corporate Income Tax Penalties
- 22.06.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The Federal Tax Authority (FTA) has implemented stringent penalties for non-compliance with Corporate Income Tax regulations in the UAE, covering late registration, submission, payment, incorrect tax filings, and record-keeping.
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Stay Compliant – Avoid Fake Emiratisation
- 14.06.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The Ministry of Human Resources and Emiratisation (MoHRE) has fined 1,444 private companies for falsely claiming to employ Emirati citizens.
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19 Dec 2024 TaxUAE Introduces World’s First VAT Refund System for E-Commerce Purchases by Tourists
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19 Dec 2024 DubaiUAE Leads Global Rankings: What It Means for Your Business
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19 Dec 2024 DubaiUAE Central Bank Cuts Interest Rates: Impact on Dubai Businesses
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13 Dec 2024 TaxUAE To Introduces 15% Minimum Tax Rate for Multinationals
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13 Dec 2024 DubaiUltimate Beneficial Ownership in the UAE