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Dubai vs Germany: A Business Perspective in Uncertain Economic Times
- 24.08.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
No CommentsAs Germany faces economic downturns and manufacturing challenges, Dubai emerges as a resilient, growth-oriented alternative, offering tax advantages, streamlined business processes, and a diverse economy – making it an attractive destination for businesses and individuals considering relocation during these uncertain times.
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Dubai Freelancers and Small Businesses: What You Need to Know About Corporate Income Tax
- 24.08.2024
- Posted by: Malavika Kolera
- Categories: Dubai, Tax
Discover how Dubai’s corporate income tax rules could offer unexpected relief and flexibility for freelancers and small businesses, with extended deadlines and exemptions that could change the way you plan your business finances.
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Dubai and Abu Dhabi Ranked As Top Liveable Cities
- 17.08.2024
- Posted by: Michelle Reinhard
- Categories: Dubai, Middle East
Dubai and Abu Dhabi have solidified their positions as top liveable cities in the Middle East and Africa, with strong rankings in safety, healthcare, and education, making them increasingly attractive for both businesses and individuals.
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Dubai Trials Four-Day Work Week for Government Employees
- 17.08.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
Although the four-day workweek trial in Dubai is positive news, TME Services’ expert PROs are ready to ensure your work continues without delay.
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UAE Corporate Income Tax: Understanding the First Tax Period
- 17.08.2024
- Posted by: Malavika Kolera
- Categories: Dubai, Tax
The UAE’s Federal Tax Authority(FTA) has clarified that the first tax period for the Corporate Income Tax will vary based on the business’s establishment date and financial year, with specific provisions for newly established, existing, and non-resident entities.
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Corporate Income Tax Registration: End of August Deadline for June-Issued Licenses
- 10.08.2024
- Posted by: Malavika Kolera
- Categories: Dubai, Tax
The Federal Tax Authority has set a 31.08. deadline for Corporate Income Tax registration for businesses with licenses issued in June, emphasizing the importance of timely compliance to avoid penalties.
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A Reminder for Timely Renewal of Dubai Residency and Emirates ID
- 10.08.2024
- Posted by: Michelle Reinhard
- Categories: Dubai, Middle East
The Federal Authority for Identity and Citizenship, Customs and Ports Security (ICP) has issued an important reminder for UAE residents to renew their residency permits and Emirates ID cards in a timely manner.
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UAE Golden Visa Through Bank Deposits: An Opportunity to Long-Term Residency
- 10.08.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE Golden Visa program offers long-term residency through a bank deposit route, requiring a minimum deposit of AED 2 million for two years in selected UAE banks, attracting high-net-worth individuals with its simplicity and potential financial benefits.
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UK-GCC Trade Talks: New Opportunities for Businesses in Dubai
- 02.08.2024
- Posted by: Michelle Reinhard
- Categories: Dubai, Middle East
The UK’s decision to restart trade talks with the Gulf Cooperation Council (GCC) could reshape Dubai’s business landscape, potentially increasing UK investments, easing market access, and cultivating new partnerships while also indirectly affecting European businesses through shifted competition and collaborative opportunities in the region.
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UAE Central Bank Holds Steady: What It Means for European Businesses
- 02.08.2024
- Posted by: Malavika Kolera
- Category: Dubai
The Central Bank of the UAE’s decision to maintain its Base Rate at 5.40 percent aligns with US Federal Reserve policy, offering European businesses operating in or considering relocation to the UAE a stable yet challenging financial environment, with implications for borrowing costs, investment returns, and long-term planning.
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