Blog Posts

How to Prepare for Audits in Dubai

How to Prepare for Audits in Dubai image August 16, 2017

Audits are legal procedures meant to attest the activities and operations of a company, respecting the Commercial Law in the country. The auditors are the ones who need to verify the company’s documents.

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The Tax Benefits in Dubai's Free Zones

The Tax Benefits in Dubai's Free Zones image July 25, 2017

Due to its attractive tax system, Dubai is a preferred destination for entrepreneurs. The free zones in Dubai have their own taxation system and authorities, considered by many the suitable places to start their activities.

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Exemptions from VAT Starting 2018

Exemptions from VAT Starting 2018 image July 16, 2017

‚ÄčThe VAT in the UAE will be imposed in January 2018 with a few exemptions. The residential real estate is already on the list of products, goods, assets, and services where the value added tax won’t be a supplementary fee.

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7 Common Mistakes When Opening a Company in Dubai

7 Common Mistakes When Opening a Company in Dubai image June 22, 2017

Before establishing a business in the Emirates, it is recommended to properly analyze the market and to consider the possible mistakes which can appear on the way.

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New Tax on Certain Beverages and Tobacco

New Tax on Certain Beverages and Tobacco image June 10, 2017

‚ÄčAlthough certain products and services are exempt from the value added tax which will enter into force next year, the tobacco and some particular beverages will not be exempt from taxation.

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What Will Happen With the Prices After the Introduction of VAT?

What Will Happen With the Prices After the Introduction of VAT? image May 20, 2017

Although the introduction of the VAT in the UAE was announced in time, there are question marks everywhere, especially from companies which are interested if the prices need to be increased when implementing the tax, or not.

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Dubai Airports Services Will Not be Exempt from VAT

Dubai Airports Services Will Not be Exempt from VAT image May 10, 2017

The financial authorities in Dubai have settled the VAT rate for particular goods and services which are going to be levied starting next year in January. This kind of tax will also be imposed on services offered in Dubai’s airports.

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VAT and Excise Taxes to be Imposed on Non-Essential Goods in UAE

VAT and Excise Taxes to be Imposed on Non-Essential Goods in UAE image April 23, 2017

After numerous debates and discussions with the IMF and other important financial organizations in the world, it seems like the UAE agreed on the VAT, a tax which will be imposed starting with January 2018.

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A New Authority to Supervise Taxation in UAE

A New Authority to Supervise Taxation in UAE image March 2, 2017

The UAE will implement the VAT tax rate starting with January 2018, according to the requests and suggestions of the IMF (International Monetary Fund).

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IMF: Corporate Tax to Improve Non-Oil Tax Revenue Collection

IMF: Corporate Tax to Improve Non-Oil Tax Revenue Collection image February 19, 2017

Improving the tax revenue collection in the Gulf Cooperation Council (GCC) has been on a debate by the International Monetary Fund (IMF) that considers a corporate tax of 15% might help in this matter.

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Will VAT Be Accepted in the UAE?

Will VAT Be Accepted in the UAE? image February 12, 2017

The VAT for businesses in the UAE was on the debate last year by financial and economic authorities in charge, and according to the latest news, this kind of measure will be adopted on January 2018.

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The Average Salaries in Dubai for Different Fields of Activity

The Average Salaries in Dubai for Different Fields of Activity image September 20, 2016

Businesses in the UAE are  more than concentrated on developing their operations and preserving their situation and status on the market.

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Taxation in Dubai

Taxation in Dubai image August 22, 2016

UAE is recognized for its desirable taxation system, as it is the state that enforces few taxes on individuals and enterprises.

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VAT in Dubai

VAT in Dubai image August 17, 2016

The value added tax was introduced for the first time in France and after that, many other republics started to adopt this taxation system.

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Income Tax in Dubai

Income Tax in Dubai image July 25, 2016

Dubai is a great destination for emigrants from across the world, not just for the chances it promises, but also for the attraction of living a ‘tax-free’ life. 

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