Dubai-based super app Careem has launched a new all-in-one corporate payments platform in the UAE on November 3, 2025, enabling businesses to manage employee expenses for rides, food, groceries, and deliveries through a single, consolidated system.
The UAE’s Federal Tax Authority (FTA) has approved a new tiered excise tax policy on sweetened drinks based on sugar content and reported that corporate tax registrations have surpassed 651,000, underscoring the success of the nation’s ongoing fiscal reforms.
Parkin announces plans to build five fully automated multi-storey car parks across Dubai’s business districts within two years, featuring EV charging and seamless payment systems.
This article will look at the pros of being a digital nomad and how this group can leverage and benefit from the Dubai real estate market. Since the COVID-19 pandemic, there has been a rise…
We welcome all entrepreneurs and those dreaming of starting a business in the United Arab Emirates. Today, we want to share important information about tax incentives for businesses in Free Economic Zones (FEZs) in Dubai and other regions of the UAE.
Most businessmen consider the UAE to be a perfect place for business development due to its favorable tax policy. However, there have been significant changes to standard tax procedures.
Are you running a business in the UAE but postponing accounting? You shouldn’t. Incorrect accounting can result in fines, account blocking, business suspension, and even a ban on operations in the UAE. However, with proper accounting practices, significant savings can be achieved. Professional bookkeeping can decrease company costs and boost revenue. And no, we’re not referring to illegal practices that could lead to penalties in the UAE.
Entrepreneurs from all over the world come to the UAE. They register their businesses there, obtain freelancer visas, and purchase real estate.
+30 % business growth. In the first quarter of last year, the number of business licenses in Dubai increased by 30%.
Today we would like to share important information about the business licensing process in the UAE. This stage is key when starting a business in this country, and a competent understanding of all aspects of licensing can greatly facilitate your task. Keep in mind that having a license will allow you to conduct business activities in the Emirates following the law.
The liquidity of a real estate property refers to its ability to be quickly sold without significant losses in the original cost.
One method to secure a residence permit in the United Arab Emirates (UAE) and attain tax residency is by either establishing a new business or acquiring an existing company. The decision between these options is…
The Finance World Accounting & Tax Awards 2024, presented by iFund Factoring & Forfaiting Services and powered by Wasaya Investments, recently honored pioneers in accounting, tax, audit & finance. Hosted by Finance World Magazine, the…
IFZA in the UAE presents significant business opportunities for entrepreneurs. This article explores the advantages of registering a business in this thriving economic zone.
Home to the world’s tallest building, the Burj Khalifa, Dubai is renowned for its impressive hotels and shopping centers. However 2003, a new project worth billions of dollars captured the world’s attention.
Dubai has impressively positioned itself as a key player on the crypto stage. Its commitment to creating an attractive business climate means it is steadily attracting blockchain enthusiasts, investors, and innovative crypto companies. The city offers a solid basis for growth and innovation in the crypto sector through its progressive regulatory framework.
The Prophet Muhammad is known to have owned several fast camels, the most famous of which was Kaswa.
The evolution of Dubai into an aviation hub stands as a testament to Sheikh Mohammed’s belief in the power of competition. This principle has played a pivotal role in propelling the country to unprecedented prosperity.
In times of crisis, Dubai has become an island of stability for rich people from different countries. According to Google Destinations Insight, Dubai is second only to London in popularity, ahead of Paris and New York. The UAE currency, the dirham, is pegged to the dollar and is stable.
Since the beginning of 2022, real estate prices in the UAE mega-cities doubled, and demand exceeded supply. In the UAE, federal and regional taxes may differ and it depends on the emirate. The choice between the free zone and the rest of the territory depends on nationality, the company’s physical presence in the UAE, profit margins, the presence of exports, and its nature.
The UAE has an unspoken «tax paradise» status among entrepreneurs around the world: there can be zero taxes on profits, real estate, capital gains, and income of individuals.
The state creates comfortable conditions for entrepreneurs: low taxes, support for the business community, and the legalization of cryptocurrency. The UAE easily accepts emigrants: according to UN data for 2023, about 88% of the population…
How to buy real estate in Dubai for cryptocurrency, why BTC is popular, and how the UAE government uses blockchain as part of the development of the country. What are the advantages of implementing the technology and what are the results for the first part of 2023?
Today, the UAE stands as one of the most economically and politically stable regions globally, attracting significant investments, particularly in the real estate sector. Among the emirates, Dubai, renowned for its success and openness, has emerged as the primary point of attraction. Year after year, Dubai strengthens its position as the main business and tourist hub of the UAE. The real estate sector plays a vital role, constituting approximately a third of Dubai’s economy, and it has experienced an impressive quadrupling in market size over the past two years alone.
More and more people are drawn to the most populous of the seven United Arab Emirates. Over the past five years, more than 500,000 people have left their homes and moved to Dubai, leading to surpassing 3 million people for the first time in 2023. With over 90% of its population consisting of foreigners, Dubai is a meeting point for diverse cultures, making it easy to interact without fear of language barriers.
The Dubai Air Show featured 150 aircraft, from drones to commercial airliners, and, of course, the endless battle between Boeing and Airbus became a classic confrontation between these giants of the aircraft industry.
The topic of Dubai taxes is not particularly interesting there. Because the emirate is considered a tax haven. But now a VAT has to be paid there too. There is also a bed tax for tourists.
For many people, half-knowledge and prejudices instead of facts determine their image of Dubai. We present you with ten interesting facts about Dubai that you probably did not expect.
Glitzy Dubai is the United Arab Emirates’ holiday hot spot. This city of high-rises and shopping malls has transformed itself from a desert outpost to a destination du-jour, where tourists flock for sales bargains, sunshine,…
