UAE Ranks Among the Top 10 Most Competitive Countries in the World: Here’s Why You Should Invest in UAE The UAE continues to demonstrate its prowess on the global stage, securing its position among the top 10 most competitive countries in the world. In the recently released Global Competitiveness Yearbook Report 2023, the UAE has […]
UAE Re-Introduces 3-Month Visit Visa, Stay Up to 90 Days Are you dreaming of an extended stay in the UAE? Well, we have some fantastic news for you! The UAE has recently re-introduced the highly preferred three-month visit visa, offering visitors a remarkable opportunity to explore the country’s rich culture and vibrant atmosphere. In this […]
UAE Corporate Tax Clarified: How it Impacts Personal Income and Investments? The UAE’s Ministry of Finance recently clarified that the new 9% corporate tax introduced in the country will not apply to personal income and investments. This announcement has brought some relief to individuals and small business owners who were concerned about the impact of […]
UAE Targets Free Trade Pacts with 103 Countries UAE is gearing up to sign Comprehensive Economic Partnership Agreements (Cepa) with 22 countries and five economic blocs to cover a total of 103 countries, representing up to 95% of total global trade. The UAE has already signed pacts with India, Indonesia, Israel, and Turkey, with negotiations […]
3 Important Deadlines Companies and Employees in the UAE Need to Know About before June UAE is a hub of business and commerce, where companies and employees need to be aware of various regulations and deadlines. In this article, we highlight three important deadlines that companies and employees in the UAE need to know about […]
UAE Implements New Tax Residency Rules 2023 The Ministry of Finance made a decision yesterday that affects people living in the Emirates. Basically, if you live in the UAE for a long period of time, then your ‘usual place of residence’ will be considered here in UAE for tax purposes. This decision is really important […]
UAE Set to Step into the Mainstream: Corporate Income Tax Starts in June 2023 The United Arab Emirates to introduce a Federal Corporate Income Tax (CIT) on business profits for the first time, the Ministry of Finance (MoF) announced on 31 January 2022. It is expected that the CIT regime will be applicable for fiscal […]