Is Dubai Really Tax-Free? | Myths & Reality
Dubai Metropolis is known for its extravagant wealth, glitzy malls, flashy skyscrapers, luxury hotels, and restaurants. One of the most famous aspects of Dubai is tax-free shopping. So, it swiftly becomes a hotspot for foreigners looking to save some money. The question that resonates in every mind is “Is Dubai Really Tax Free?” The straight […]
What Is VAT In UAE?
Every country in the world has some form of taxation, and this holds true for the UAE as well. VAT, or Value Added Tax, is a key component of the types of taxes in the UAE revenue system. However, the complexity of VAT rules and procedures at national levels can make it difficult for businesses […]
Income Tax For Foreigners and Nationals in UAE
The UAE is hailed as a tax haven, known for its favorable taxation laws in UAE. Currently, there is no federal income tax for individuals in UAE. Also, the tax-free state imposes almost no tax on foreign residents or citizens, following lenient expatriate tax regulations. What’s more, the UAE imposes no capital gain tax, wealth […]
Start A Business In Dubai With Low Investment | 5 Irresistible Ideas
Dubai is a city well known for its diversity, economically friendly infrastructure, and convenient policies to grow a business. Millions of people turn to this business hub every year. In fact, the Business Registration and Licensing (BRL) department reported a staggering 45,653 new business licenses issued in the first half of 2022. This impressive figure […]
The Importance of External Auditors in UAE
In the ever-changing business landscape of the United Arab Emirates (UAE), maintaining financial transparency and credibility is important for the successful growth of any business and organization. One key aspect of ensuring accountability and trustworthiness is the role of external auditors. In the fast-paced business environment of the UAE, the importance of external auditors cannot […]
Why You Should Outsource Your Accounting In UAE?
Outsourcing accounting services in the UAE is a smart choice for businesses aiming to maintain clear and accurate financial records. By partnering with third-party experts, companies can delegate critical tasks like bookkeeping, payroll, tax filing, and financial planning, freeing up their resources for revenue-generating activities. This saves costs and ensures access to knowledgeable professionals who […]
