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Dubai Real Estate Market Sets New Records: May Transactions Hit Record AED 46.5 Billion
- 08.06.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
No CommentsDubai’s real estate market achieved record-breaking heights in May, with transaction volumes and values significantly surpassing previous highs.
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UAE Signs Another Double Taxation Avoidance Agreement
- 08.06.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The 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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CBUAE Holds Base Rate: What does this mean for your business
- 04.05.2024
- Posted by: Uwe Hohmann
- Category: Middle East
The Central Bank of the UAE has maintained its Base Rate for the Overnight Deposit Facility at 5.40%, signaling stability and control in the monetary environment, crucial for the country’s economic balance.
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UAE Corporate Income Tax Regulations: Accounting Standards and Tax Obligations
- 26.04.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Middle East
Businesses operating in the UAE must align their accounting practices with the standards set by the Federal Tax Authority to avoid penalties and optimize tax positions.
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Exploring Business Opportunities in the UAE Tourism Sector
- 20.04.2024
- Posted by: Uwe Hohmann
- Category: Middle East
The projected increase in employment and visitor spending within the UAE’s tourism sector for 2024 offers opportunities for entrepreneurs to establish and expand businesses in hospitality, travel, and related services.
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UAE Dirham Strength Against a Fluctuating Euro
- 13.04.2024
- Posted by: Uwe Hohmann
- Categories: Middle East, Europe
For EU-origin and UAE-based businesses, the recent dip in the Euro offers cost advantages and enhanced investment potential in the Eurozone.