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LatestPublications

V(b): UAE Corporate Income Tax – Companies and SMEs operating in free zones (10 things to know before setting up a business in the UAE)

The Federal UAE Corporate Income Tax Law, which is effective for financial years beginning on or after 1 June 2023, has now been made applicable across all emirates and applies to all business and commercial activities, with a few exceptions within the government, quasi-governmental and related regulated sectors. In general,…

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IV: Understanding VAT in the UAE (10 things to know before setting up a business in the UAE)

In 2018, the UAE implemented a Value Added Tax (VAT) system, marking a significant shift in its taxation landscape. Understanding VAT in the UAE is crucial for businesses and individuals…

The Future of Work and its impact on Global FDI Attraction

Impressively, ‘Brave New World’ by Aldous Huxley has predicted the technological evolution way before it was evident, and the reality he deemed to be one of constant control, filled with…

V(a): Corporate Income Tax in the UAE (10 things to know before setting up a business in the UAE)

Businesses in the UAE with taxable profits exceeding AED 375,000 (USD 102,000) will become subject to a corporate tax rate of 9% (one of the lowest corporate income tax rates…

Strengthening Economic Ties: UAE & UK Forge Robust Trade & Foreign Direct Investment Relationship

Trade and Foreign direct investment (FDI) play a vital role in fostering economic growth and strengthening international partnerships. Over the years, the UAE and the UK have cultivated a robust…

II: Emiratisation drive – acting locally, thinking globally (10 things to know before setting up a business in the UAE)

The UAE government has been actively promoting Emiratisation initiatives to increase the participation of UAE nationals in the private sector workforce. These initiatives include various incentives and programs aimed at…

I: Demystifying the UAE Trade Licence: What Companies Need to Know (10 things to know before setting up a business in the UAE)

We often get asked by our clients and businesses looking to establish presence here in the region, what is a Trade Licence? The UAE has gained global recognition as a…

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