Mobility tech platform sees 30% rise in hires
The UAE Corporate Tax regime, represents one of the most attractive tax regimes for local and global businesses looking to grow and expand with just a 9% headline tax rate. The regime complements the existing ease of doing business environment that the UAE has, as it has been carefully designed to incorporate best international practice and offers unrivalled benefits for businesses operating in the country when compared to many other jurisdictions. Specific key features of the regime are as follows….
The UAE Free Zone Corporate Tax regime offers a zero percent taxation rate for qualifying businesses. As a OECD compliant regime with over 80 free zones in the UAE, it not only provides certainty to investors but also offers an unrivalled and vast trading environment where a 0% Corporate Tax rate can be enjoyed on Free Zone to Free Zone transactions and other transactions with mainland and international customers that are considered Qualifying Activities. Specific key features of the regime are as follows….
The UAE Free Zone Corporate Tax regime for Designated Zones offers a zero percent taxation rate for qualifying businesses, including distribution businesses. As a OECD compliant regime with multiple designated free zones in the UAE, it not only provides certainty to investors but also offers an unrivalled and vast trading environment where a 0% Corporate Tax rate can be enjoyed on Free Zone to Free Zone transactions and other transactions with mainland and international customers that are considered Qualifying Activities. Specifically in a designated zone, distribution businesses can benefit from a 0% Corporate Tax rate even when transacting with mainland or international customers. Specific key features of the regime are as follows….
Mobility tech platform sees 30% rise in hires
Avanta seeks to tap into Middle East’s booming beauty market industry
Ramesh Cidambi has been named as new Managing Director with Salah Tahlak as Deputy Managing Director
The group’s hospitals continued to be a core driver of its performance, with net profit from these businesses jumping more than 31 per cent to Dh137 million
The airport will have a passenger capacity of 260 million per annum and fully absorb Dubai airport operations
The investment has become attractive as the rupee has weakened against the US dollar
Middle-East grown interiors brand opens two new store locations
Digital bank by Emirates NBD to incubate digital asset innovations