The introduction of Value Added Tax (VAT) in the United Arab Emirates (UAE) on January 1, 2018, marked a significant change in the country’s tax system. This indirect tax, currently levied at a standard rate of 5%, applies to most goods and services supplied within the UAE, as well as imports. Understanding the intricacies of …
The introduction of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses in the UAE has brought a new era of fiscal responsibility for businesses operating within the Emirates. While the UAE aims to foster a business-friendly environment, adherence to the corporate tax regime is paramount. Consequently, the Federal Tax Authority …
The UAE’s vast network of well-maintained highways beckons for epic road trips. From the scenic coastal routes to the breathtaking desert landscapes, a long drive in the Emirates is an experience to savor. However, spending hours behind the wheel can take a toll on your health. To ensure a safe and enjoyable journey, here are …
The United Arab Emirates (UAE) is known for its luxurious lifestyle and modern infrastructure. However, with the increasing number of vehicles on the roads, traffic safety has become a paramount concern. To ensure the safety of all road users, the UAE has implemented a strict set of traffic rules that all drivers must adhere to. …