UAE widely regards as a hot destination for all kinds of business activities. There are numerous reasons for which plenty of companies choose business setup in the UAE. For instance, the strategic position of UAE opens up a lot of business opportunities for the companies[...]
Dubai World Trade Centre Free Zone (DWTC) Authority provides a unique and highly desirable proposition for businesses to compete even more effectively regionally and globally. Established by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister, Ruler of Dubai, the[...]
Established in 2004 and wholly owned by the Government of Dubai, Dubai Silicon Oasis Authority (DSOA) is providing both a living and an integrated working community. Silicon Oasis is a Free Zone Authority which offers free trade zone incentives and benefits to companies operating within[...]
Dubai Multi Commodities Center (DMCC) – located in Jumeirah Lakes Towers and designed for trade, DMCC has everything to set up, grow and build your business. Three times crowned ‘Global Free Zone of the Year’ by the Financial Times magazine, Dubai Multi Commodities Center is[...]
Sharjah Airport International Free Zone provides some of the most enticing business incentives in the region, including speed of service and simplicity of the process. Versatility has always been one of SAIF-ZONE’s prime objectives. From single offices space to entire manufacturing facilities and everything in[...]
In the last ten years, the world’s offshore industry has gone through a significant change. New offshore centers have emerged, while others have drastically reduced in size. But first, let us explain what makes a jurisdiction Offshore. Five things usually determine offshore status. The business[...]
VAT in Bahrain The representatives of the Member States of the Gulf Cooperation Council (GCC) confirmed the introduction of a formal Value Added Tax (VAT) system across all six Member States through the signing of a VAT Framework Treaty. The Treaty acts as the basis[...]
The UAE Cabinet has adopted a decision to implement the value added tax (VAT) refund system for tourists, which will integrate between retail outlets with tax refund points in line with the government’s efforts to achieve the efficient implementation of the tax system in the[...]