The UAE Ministry of Finance has just announced the introduction of a federal corporate tax from the financial year starting on or after June 1st 2023. A standard statutory tax rate of 9 percent will apply to profit generated by businesses in UAE. Foreign taxes paid will be credited against any payable UAE corporate tax…
The recent rise in crypto-commodities trade has been impossible to ignore. For those who read the financial pages, it feels like every second story is about Bitcoin, Ethereum, or Ripple. And if you’ve clicked on this article, chances are you’ve been wondering how to get involved yourself. Of course, most of the attention on cryptocoins…
G20 finance ministers on Saturday gave their backing to a “historic” global deal to tax multinational companies more fairly and urged hold-out countries to sign up. A framework for international tax reform, including a minimum corporate rate of 15%, was agreed this month by 131 countries. But the endorsement by the 19 biggest economies plus the European Union will help ensure it becomes a reality following years…
DUBAI, June 17 (Reuters) – The United Arab Emirates central bank raised its key overnight interest rate by 5 basis points on Thursday, in step with a similar move by the U.S. Federal Reserve a day earlier. The UAE’s base rate for overnight deposits is anchored to the Fed’s Interest on Excess Reserves (IOER), which…
Exsus is growing. Like any company that has existed for a while, there comes a point where it is important to regroup and reconsider the values and qualities that the company is expressing. If something is not supporting our ideals, it is time to find a new way to present ourselves. This is an opportunity…
Important Facts about Setting-up a Business in the UAE The United Arab Emirates (UAE) is a federation of the 7 emirates of Dubai, Abu Dhabi, Sharjah, Ras al-Khaimah, Ajman, Fujairah, and Umm al-Quwain. In the Gulf Cooperation Council (GCC), the economy of the UAE is the most diversified. UAE is one of the…
The principles behind the theme Care for People and Place will help the country ‘unlock significant economic advantages to leverage at Expo 2020’ New Zealand revealed on Tuesday, through a new video trailer, the guiding theme for its Expo 2020 Dubai pavilion, four months ahead of the mega event. The theme Care for People and…
VAT to be introduced by Gulf states GCC agreed to impose 5% VAT by 2018. However, this decision must be further approved. The UAE Ministry of Finance also mentioned that some services will be exempt from VAT such as education and health care. UAE estimates around Dh 10 to 12 billion revenue for the first…
| Title | Price | Status | Type | Area | Purpose | Bedrooms | Bathrooms |
|---|
