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It is expected to allow them to do business in the Free Zone [6] as well as in the mainland of UAE using the same business license. For Example, Sharjah Publishing City (SPC) Free Zone [ 7 ] offers a Dual License for the investors enabling them to easily offer services in the mainland [ 8 ] and Free Zone together.
The UAE federal tax system is administered by the Federal Tax Authority (FTA), which was founded ahead of the 2018 implementation of a federal value added tax (VAT). The current standard VAT rate in the country is 5%. [2] [3] In January 2022, the UAE Ministry of Finance announced the implementation of a federal corporate tax starting June 2023. [4]
RAK FTZ is the only UAE free trade zone with a liaison office in Turkey. Germany. RAK FTZ's Germany liaison office was established in April 2008 in response to significant interest in the free zone from the German market. It is located at the MediaPark in Cologne. The office in Germany is the base for RAK FTZ's activities in central Europe.
The U.S.–MEFTA initiative started in 2003 with the purpose of creating a U.S.–Middle East Free Trade Area by 2013.. The U.S. objective with this initiative has been to gradually increase trade and investment in the Middle East, and to assist the Middle East countries in implementing domestic reforms, instituting the rule of law, protecting private property rights (including intellectual ...
DMCC Free Zone is the largest free-trade zone in the UAE, with more than 21,000 registered members as of 2022. [13] [14] In 2022, DMCC was named number one global free zone for an eighth consecutive year by the Financial Times fDi Intelligence magazine. [15] [16] Aerial View of Jumeirah Lake Towers (JLT)
The clock is ticking for families hoping to send letters to Santa Claus at the North Pole this holiday season. Letters need to be postmarked by Monday, a spokesperson for the U. S. Postal Service ...
FTA Costa Rica has approved / is negotiating. Costa Rica has bilateral agreements with the following countries and blocs (date it took effect): Canada (1 November 2002) Chile (15 February 2002) People's Republic of China (1 August 2011) Caribbean Community (CARICOM) (15 November 2005) Trinidad and Tobago (15 November 2005) Guyana (30 April 2006)
The Gulf Cooperation Council–United Kingdom free trade agreement (GCCUKFTA) is a proposed free trade agreement which began negotiations in June 2022. [1] When completed it will be the first free trade agreement between the United Kingdom and the Gulf Cooperation Council, or any of its member states: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.