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INTRODUCTION Meeting the requirements for a bank account in the UAE is a difficult and can be lengthy process if unprepared. In this publication we list all what should be prepared and the regular steps in opening a bank account…
Introduction Not all free zones are designated zones in the UAE. A free zone in the United Arab Emirates (UAE) is a specific area designated by the government to attract foreign investment, promote economic growth, and encourage business activities. These…
UAE Free Zones tax is not 100% clear. Whether Free Zones will be subject to corporate tax depends on the activity that the free zone deploys and the location of their clients, together with a look into the level of…
Free Zones UAE Corporate Tax – Introduction Whether free zones are subject to UAE Corporate Tax Law is the big question. The United Arab Emirates (UAE) announced early in 2022 the entry into force of a never before corporate tax…
Private clients in the UAE have a wide-array of available tools. One of the most eye-catching global economic success stories of the modern age has been the rise of the United Arab Emirates (UAE), which has emerged as a strategic hub…
The UAE Ministry of Finance has recently announced that they will introduce new federal corporate tax regulation on business profits. Click here to read the full text of the announcement. Corporate Tax (also referred as “Corporate Income Tax” or “Business…
The new UAE cheque law was was advanced on September 27, 2020. President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued a federal decree law, The law – Federal Decree Law No. (14) of 2020 Amending Certain Provisions of…
If you are in the crypto business, a jurisdiction analysis addressing where best to set up companies on cryptocurrencies is highly recommended to select the territory which best suits your project and avoid unpleasant surprises. While it is not surprising that some…
Tipo de Empresas en Dubai En Dubai existen tres grandes tipologías de empresas: Mainland, Free zone y Offshore Company. Mainland Company Mainland Company de Dubai es un tipo de empresa en Dubai registrada bajo la autoridad gubernamental del Emirato en cuestión,…
A UAE Tax Certificate is required by most foreign countries to accept the non-residency character of their nationals. The UAE Federal Tax Authority (“Tax Authority”) issues tax certificates to residents in the UAE. In order to apply The Tax Authority…