Monthly Archives - July 2018

July 2018

Dubai adds 26 new business activities in First Half 2018

Dubai adds 26 new business activities in First Half 2018

Introduction It is the business environment and the atmosphere provided to the investors and entrepreneurs that encourages them to enter the market and introduce new business ideas and give them existence. The government of any country or area has to put a lot of thought to find a way to bring in businesses and encourage businessmen to invest in their area. This is not an easy task because encouraging a businessman to invest requires every aspect to be seen and [...]

VAT Scope Relief on Three UAE Free Zones

VAT Scope Relief on Three UAE Free Zones

You all must be aware of introduction of VAT in UAE and that five percent VAT will not be implemented on 20 designated zones in UAE which brought major relief and clarity for the companies operating in UAE free zones. Now let us reveal you some more good news. In a recent announcement by UAE Federal Tax Authority (FTA), there is a new addition of three free zones to the list of designated zones which makes total number of designated [...]