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Dubai’s Quest to Create An $870 Million e-Commerce Friendly Trade Zone

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Dubai’s Quest to Create An $870 Million e-Commerce Friendly Trade Zone
  • Newsletter, U.A.E.

Dubai’s Quest to Create An $870 Million e-Commerce Friendly Trade Zone

  • As part of the United Arab Emirates (UAE) collective effort to diversify the economies of the seven-member nation-states, Dubai’s government recently announced its plans to engage in a major company formation in Dubai project.

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Current State of the Economic Substance Regulation in the UAE amid Covid-19 Crisis
  • Newsletter, U.A.E.

Current State of the Economic Substance Regulation in the UAE amid Covid-19 Crisis

  • In the wake of the scourging global pandemic i.e. the Coronavirus threat, the existing ESR or the Economic Substance Regulations pertaining to the UAE get a decisive and much-anticipated makeover. While businesses are usually required to file the

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Applying for a VAT (Value-Added Tax) Refund in UAE
  • Newsletter, U.A.E.

Applying for a VAT (Value-Added Tax) Refund in UAE

  • One of the most crucial parts of an effective tax strategy is knowing how to recover the VAT you’ve paid during the past tax year. Not only is it important to know if you have the right

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Manufacturing Sector to Benefit From the Recent FDI Update – 100% Foreign Ownership
  • Newsletter, U.A.E.

Manufacturing Sector to Benefit From the Recent FDI Update – 100% Foreign Ownership

  • As per the recent FDI law update, 100% foreign ownership is allowed in mainland companies in certain sectors of the economy. The resolution allows 122 economic activities in which FDI is permitted.

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Deadline Updates for United Arab Emirates Economic Substance Regulation Notifications
  • Newsletter, U.A.E.

Deadline Updates for United Arab Emirates Economic Substance Regulation Notifications

  • According to financial experts in United Arab Emirates, Government regulatory authorities have amended or confirmed the filing deadlines for their annual filing notifications in their respective free zones.

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DIFC Foundations now being accepted as Direct Shareholders by JAFZA
  • Newsletter, U.A.E.

DIFC Foundations now being accepted as Direct Shareholders by JAFZA

  • JAFZA (the Jebel Ali Free Zone) has become the most recent Dubai jurisdiction to allow Dubai International Financial Centre (DIFC) Foundations as direct shareholders and/or incorporators in registered entities. This is a big step forward when it comes

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VAT Refund for Foreign Businesses in the UAE
  • Newsletter, U.A.E.

VAT Refund for Foreign Businesses in the UAE

  • The Federal Tax Authority (FTA) has introduced a VAT refund scheme in the United Arab Emirates for foreign businesses. With this scheme, all eligible non-United Arab Emirates established businesses will be able to submit the VAT refund requests

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Free Zones in Dubai Have Extended ESR Submission Deadline to June 30
  • Newsletter, U.A.E.

Free Zones in Dubai Have Extended ESR Submission Deadline to June 30

  • ESR or Economic Substance Regulation submission had the deadline of March 31, but due to the pandemic of COVID-19 in these days, a few free zones have extended the deadline for the companies. As they postponed the

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  • Newsletter, U.A.E.

Organizers of Expo Discover the Postponement by One Year for COVID-19

  • Recently Expo Dubai has conducted a virtual meeting of the Steering committee with all representatives from different nations. They discussed the ultimate impact of Coronavirus, COVID-19 which has impacted the Global preparations of Expo 2020 Dubai.The nations that

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The implications of Expo 2020 for Dubai’s real estate scenario
  • Newsletter, U.A.E.

The implications of Expo 2020 for Dubai’s real estate scenario

  • There seems to be an upsurge in the real estate arena of Dubai thanks to the years of reforming the real estate policies to draw in the investors. The reforms seem to be working now that the investors

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