Interesting facts:

Currently, there are more than 7,5 thousand companies registered in RAKIA Free Zone Full version
Main picture: VAT Rate on the Territory of the UAE – Regulatory Framework and Return

VAT Rate on the Territory of the UAE – Regulatory Framework and Return

authorPublished by Elvira Savir author | Tags: Dubai, UAE, taxes

Until recently, there was no VAT in Dubai, the UAE. VAT was not imposed on individuals or legal entities and the UAE resembled a huge Duty Free zone. Starting from January 1, 2018, goods in the Emirates are subject to VAT.

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Main picture: Taxes in Dubai, the UAE

Taxes in Dubai, the UAE

authorPublished by Elvira Savir author | Tags: Dubai, UAE, offshore, taxes

Most countries of the world use taxation systems as the main source of the budget replenishment. Governments use taxes during the organization of elections and for many other purposes. However, there are countries in the world where taxes are practically or completely absent.

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Main picture: Construction of Al Maktoum Airport within preparations for EXPO 2020

Construction of Al Maktoum Airport within preparations for EXPO 2020

authorPublished by Elvira Savir author | Tags: Dubai, UAE, expo2020

According to experts, an international exhibition EXPO 2020 will be visited by about 25 million people from all over the world.

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Main picture: What is a Bank Guarantee? What types of guarantees exist today?

What is a Bank Guarantee? What types of guarantees exist today?

authorPublished by Elvira Savir author | Tags: Dubai, UAE, banks

Any business is related with risk in some way. That is why business partners often use a bank guarantee in order to ensure the safety of the negotiated transactions.

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Main picture: Vending Business in the UAE

Vending Business in the UAE

authorPublished by Elvira Savir author | Tags: Dubai, UAE, open business

The Arabic Emirates is the largest business centre of the Middle East, popular offshore jurisdiction and one of the most favourite holiday places for tourists from all around the world.

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