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UAE Signs Another Double Taxation Avoidance Agreement
- 08.06.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
No CommentsThe UAE is expanding the list of countries with which it has signed Double Taxation Avoidance Agreements (DTAs).
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UAE Invests to Increase Local Manufacturing – Opportunity for Entrepreneurs
- 30.05.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE is boosting its industrial sector with an extra USD 6.3 billion to become more self-sufficient and attract more investment.
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Urgent Reminder: Submit Corporate Income Tax Registration to Avoid Penalties
- 26.05.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The Federal Tax Authority (FTA) has reminded individuals with Corporate Tax licenses granted in January and February to submit their Corporate Tax registration applications by 31.05.2024 to avoid penalties.
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UAE announces new 10-year Blue Residency visa
- 17.05.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE has introduced the Blue Residency, a 10-year visa for environmental supporters who have made efforts to protect the environment globally, as part of its sustainability initiatives for 2024.
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UAE Talks About a 10-Year Golden Business License
- 04.05.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE is set to revolutionize its business licensing structure by introducing 10-year ‘golden’ licenses and 5-year ‘silver’ licenses.
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UAE: Understand the Corporate Income Tax for Partnerships
- 02.04.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE’s Federal Tax Authority has released a comprehensive guide on Corporate Income Tax for partnerships, detailing taxation rules, compliance, and reliefs to ensure proper adherence to tax laws.
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Dubai: Business Setup with Unified Digital Platform
- 27.03.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
Dubai launches a Unified Digital Platform to streamline business setup processes, backed by Sheikh Hamdan’s resolution to enhance the investor journey.
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Inflation Decrease in Dubai
- 20.03.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
Dubai witnessed a decrease in annual inflation to 3.36% in February, driven by lower transportation and discretionary spending costs, alongside robust non-oil private sector growth.
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Accounting Standards in Dubai
- 11.03.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
Businesses in Dubai are legally required to maintain accurate financial records, prepare annual financial statements in accordance with IFRS, undergo annual audits, ensure VAT compliance, and retain records for a specific period
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UAE: Impending Exit from FATF Grey List
- 08.03.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE is set to exit the FATF’s “grey list” after addressing deficiencies in its AML, CTF, and anti-proliferation financing frameworks, promising smoother international transactions for MNCs.