Introduction: The United Arab Emirates (UAE) has become a global hub for commerce and trade, thanks to its strategic location, top-notch infrastructure, and favorable regulations. Many entrepreneurs and investors worldwide…
Economic Zones World (EZW) Free Zone
The Economic Zones World (EZW) Free Zone, operating under the Dubai World Group, is dedicated to owning, managing, operating, and developing free trade zones and industrial parks. Established in 2006,…
Best Practices for Building a Secure Financial Future
In an ever-changing and uncertain economic landscape, ensuring a safe and secure financial future has become a top priority for individuals and families. By adopting best practices and implementing smart…
RAK Digital Assets Oasis
Dubai introduced Virtual Assets and Related Activities (VARA) and now Ras Al Khaimah has come with RAK Digital Assets Oasis (RAKDAO) to help make it a mark in the world…
Electronic Commerce Supplies by Qualifying Registrants
From 1 July 2023, Qualifying Registrants are required to report supplies made through e-commerce in box 1 of the VAT Return based on the Emirate in which the supplies of…
Record Keeping Conditions for Electronic Commerce Supplies Made in UAE
The UAE Ministry of Finance today issued a Ministerial Decision on the criteria and conditions for electronic commerce for record keeping of the supplies made, introducing for some taxable persons…
Virtual Assets and Related Activities Regulations 2023
Dubai Government has released a new law on Virtual Assets and Related Activities (VARA). The Regulations set out a comprehensive Virtual Asset (VA) Framework built on principles of economic sustainability…
The Biggest Challenges Faced By UAE Auditors: A blog about the challenges that auditors face.
Due to the tight business rules in Dubai, every organization is serious about audits and frequently have its businesses audited. Auditing is essential for firms in Dubai to remain financially…
What Every Business Should Know About Taxes In UAE: A Comprehensive Look Into The Tax Laws of UAE.
One of the world’s most business-friendly nations is the United Arab Emirates. During the recent past there were few tax laws being proposed, so you must be familiar with them…
Dubai Cars and Automotive Free Zone (DUCAMZ)
The DUCAMZ was founded in the year 2000. This Free zone was established with the intention of exporting used vehicles to the local, African, Middle Eastern, and Asian markets. DUCAMZ,…
UAE Online Attestations for Individuals & Businesses – User Guide
ATTENTION: United Arab Emirates Ministry of Foreign Affairs & International Cooperation (MOFAIC) has come up with a simple user guide for anyone looking for online attestation. Please find a download…
Implementation of Wages Protection System (WPS) in DMCC
Dubai Multi Commodities Centre (DMCC) has successfully implemented Wages Protection System (WPS). The WPS is an electronic salary transfer system that allows DMCC member companies to pay employees’ wages…