Articles on the topic "Federal Tax Authority"

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.

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.

+30 % business growth. In the first quarter of last year, the number of business licenses in Dubai increased by 30%.

We continue to analyze the topic of expenses when moving to Dubai. In the previous article, we talked about the necessary documents and rental housing.

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.

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?

Around the world, off-the-shelf properties are being sold at much more affordable prices than finished homes, and Dubai is no exception. And while the temptation to buy a home at a low price is great,…