In the recent past years, there has been a visible increase in the businesses which are being set up all around the world. This is because of many factors such as ease of setting business, easy transportation and communication between various places. This has helped in the increasing numbers of businesses which are set up […]

The recent Covid-19 pandemic has affected the economy and pushed millions of companies into near bankruptcy and closure. In addition, the pandemic has reduced consumption and affected the production and supply chains due to the subsequent virus-variant containment waves, frequent lockdowns and shortage of man and material. In the pre-covid times, companies operating in the […]

If a Limited liability company (LLC) is formed in the United Arab Emirates, then it is bound to have a director. This director receives a fixed remuneration for the services he provides on a regular basis. This remuneration for his management services is eligible for Value Added Tax (VAT) at a rate of 5%. It […]

UAE is popularly known as the Gateway to the Middle -East and Northern African regions. The UAE and the Emirati governments’ amiable business policies have resulted in UAE becoming the throttling business and investment hub. The UAE Government has introduced new VAT taxation, which will be an additional source of revenue for the infrastructure development […]

The UAE is popularly known as the gateway to the Middle East. It offers a stable government and adopted business-friendly policies supported by a sound legal system in line with international law. In recent years, innovative investment-friendly policies have resulted in businesses worldwide establishing a base in the country. Like in other Middle Eastern countries, […]

The United Arab Emirates has been a fairly new addition to the list of countries that have implemented Value Added Tax (VAT). The government of the UAE has also introduced many laws and regulations which have drastically improved the number of business opportunities one can avail in the country. this has led to a number […]

In accordance with the UAE VAT Law, it has become a necessity for every registered company in the country to pay the respective tax returns on a quarterly basis by the 28 of the next month. This opened up a whole new area of tax management for which the company management should keep in mind. […]

The addition of Value Added Tax (VAT) to the taxation process has impacted businesses from all around the world. UAE was considered a lucrative place for conducting business as there were no taxes for the companies that are registered in the jurisdiction. But even with the 5% tax, the Middle East is still one of […]

There have been many developments in the Online Gaming Industry (also known as the E-Gaming Industry). In the current scenario, the E-Gaming industry is one of the growing industry, and more and more players are coming into the market. this has been possible due to the release of multiplayer games such as PUBG, Free Fire, […]

The government of the United Arab Emirates has implemented the Value Added Tax recently, which will help both corporates and the people of the country. In the long run, the United Arab Emirates will be benefitted and will be able to utilize a new source of revenue while effectively and efficiently removing its reliance from […]