Introduction to VAT in UAE
Value Added Tax (VAT) was implemented on 1st of January, 2018 in UAE at a rate of 5% for every mainland transaction. The Value added…
Month: June 2021
How to start a company in Free Zone?
One of the most demanded business startups in UAE is the Free zone company business setup. Its relatively easier to setup a free zone company…
UPDATE JUNE 2021: UBO Registry – A New Compliance Request For UAE Companies
Fines of up to AED 100,000. A UBO (Ultimate Beneficiary Owner) is the natural person who ultimately possess or control 25% or more as a…