Sustainability is the name of the game! From igniting up a haystack using flint stones to lighting up skies with fireworks to firing rockets to the moon and mars, the world has come so far ahead of the times when nature used to be the art of God. The nature we interact with today is
On one side is your customer and on the other it’s you. In between is the payment gateway that nails the deal between you and them. Whether online or brick-and-mortar, businesses involve tons of monetary transactions. Making and accepting payments could be daunting and time-consuming if not for payment gateway. Thanks to payment gateways that
What’s going to happen in the future heaven only knows. Even the best-laid plans go astray, you never know! The moment you step into the world of business, you expose not only yourself but also everyone associated with your business to RISKS. But, successful business persons are those who hope for the best and are
Whether in UAE or any part of the world, doing a business is not a five-finger exercise. You’ve got to juggle with a million things, some important and some more important. From choosing between mainland and free zone as your business site to securing a trade licence to handling accounting, bookkeeping & taxation to buying
“A fine is a tax for doing something wrong. A tax is a fine for doing something right.” You first chose UAE to be your business destination majorly because it’s a tax-free country (not completely though!). Then you fell for Dubai mainly because the emirate bursts at the seams with expats and tourists giving rise
As the UAE entered its 51st year, it decided to pull out all the stops to make the country the most foreigner-friendly expat hub. And it’s pretty apparent if we look back on the recent measures taken by the UAE – from making pioneering employment changes, slackening restrictions on business ownership rules, granting longer-term visas
Studded with gleaming skyscrapers, beguiling beaches, colossal shopping malls and billowing deserts, the UAE never ceases to surprise us. What’s new, you may ask. Well, something that has never happened in the Islamic UAE, is probably going to happen soon for all good reasons. We mean “legalised gaming”. Take the statement with a pinch of
If not for the “no tax” regime or “tax-free” tag, would the United Arab Emirates still remain favourite amongst investors and business persons from the world over? We don’t know. For the time being what we know is federal corporate tax is on its way to the UAE and will reach here next year. The
Geographical barricades are for humans, not businesses! Then why should a business idea be limited to where you live or work? Thought Dubai, and thus the “virtual commercial licence” came into existence. Keep reading if you’ve got get-up-and-go to start a company in Dubai with no intention to reside in the emirate. The word “virtual”
Tax-registered companies in the UAE are obligated to pay Value Added Tax (VAT) to the government at a rate of 5 per cent on their taxable supplies at each step of the supply chain, be it goods or services. Infamous for being a tax-free nation, the UAE brought into existence a “VAT system” on 1
