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Tag: tax

Posted on 12/06/2023

Will Coinbase Move Offshore? Hong Kong Legislator Invites Exchange To Region, Offers Assistance

When speculations about the exchange relocating offshore surfaced online, its founder and CEO Brian Armstrong dismissed the rumors, saying, “Coinbase is not going to relocate overseas.” …

Posted on 12/06/2023

Strange scenes in Abu Dhabi as the club it funds, Manchester City, finally conquers Europe

Gulf state Abu Dhabi has given vast sums to fund Manchester City’s recent dominance, yet you’d barely have known it on a steamy evening there for the Champions League final, writes OWEN SLOT. I drove back from what I suspect was the biggest Champions …

Posted on 11/06/2023

Champions League: Abu Dhabi’s geopolitical triumph

Manchester City have won the Champions League and completed an historic treble. The triumph is a geopolitical coup for Abu Dhabi and symbolic of where football finds itself in 2023.

Posted on 11/06/2023

How to launch UAE business in just 45 minutes

UAE freezone offers 45-minute business set-up service for entrepreneurs How to launch UAE business in just 45 minutes Entrepreneurs, entrepreneurship, Sharjah, UAE, UAE entrepreneurs, uae free trade …

Posted on 11/06/2023

Over AED 378 billion UAE-Turkish non-oil intra-trade in 10 years

Non-oil intra-trade between the UAE and Turkey from 2013 to 2022 amounted to over AED 378 billion divided into AED 2043 billion in imports about AED 1275 bi …

Posted on 11/06/2023

UAE: Will tenants forfeit advance rent amount if they leave apartment early in Sharjah?

My cousin, who lives in Sharjah, has paid his apartment’s full-year rent in advance until November 10, 2023. If he intends to leave the apartment earlier, will he have to forfeit the entire amount? Or …

Posted on 11/06/2023

All-out efforts on to clear $700m unpaid energy import bills

The state-owned energy agencies and banks concerned have been making all-out efforts to clear their overdue $700 million fuel and gas import bills in order to secure future supplies of primary fuels …

Posted on 11/06/2023

UAE-Turkish non-oil intra-trade surges to $18.9bn in 2022

The UAE’s non-oil intra-trade with Turkey increased by 40% to $18.9 billion in 2022, thus making it among the top 10 trade partners of the emirates with a share of more than 3% of its non-oil foreign …

Posted on 11/06/2023

AED378 billion in UAE-Turkish non-oil intra-trade in 10 years

Non-oil intra-trade between the UAE and Türkiye from 2013 to 2022 amounted to over AED378 billion, divided into AED204.3 billion in imports, about AED127.5 billion in exports, and more than AED46 …

Posted on 10/06/2023

Some Advice for an Easy International Move from Abu Dhabi

Moving to a new country out of Abu Dhabi is an exciting adventure, but it requires careful planning and organizing. From selecting the best moving company to coordinating documents along with …

Posted on 10/06/2023

These are the four digital channels to obtain UAE visas easily

The government called on those who have an entry permit, visa, issued from Abu Dhabi, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, or Fujairah, to verify its validity, and the date of issuance and …

Posted on 10/06/2023

Disco then shower at 33,000ft: Dubai hotelier launches £10k-an-hour ‘party jet’

Plane can accommodate up to 16 people and is aimed at super-rich who ‘want to enjoy the money while still alive’ …

Posted on 10/06/2023

UAE: 23-year-old Emirati farmer turns passion into thriving organic farming business

In a remarkable tale of passion, determination and agricultural innovation, 23-year-old Emirati farmer Saeed Al-Rumaithi has turned his big dreams into a t..

Posted on 09/06/2023

Sharjah’s Al Montazah Parks launches exciting summer campaign, will now open from 10am till midnight

Commencing on June 13 and continuing every Tuesday thereafter throughout the summer, ladies and girls can exclusively enjoy an assortment of engaging activities.

Posted on 09/06/2023

Govt Announces Major Tax Relief for Royal Families in UAE and Middle East

In a significant development for the fiscal year 2023-24, the federal government has announced a 0% customs duty on imports by dignitaries from the United …

Posted on 09/06/2023

Insights: The economic substance regulations in UAE

Economic substance refers to the tangible and real economic activity that a company carries out, rather than just having a legal or nominal presence.

Posted on 09/06/2023

Nearly 7,000 Abu Dhabi cafes and restaurants to be given new food safety rating

The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) has launched a new initiative to affix Zadna Rating stickers to the exteriors of nearly 7,000 food establishments across the emirate. The …

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