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Dr Bavaguthu Raghuram Shetty, (born 1 August 1942) commonly known as B.R. Shetty, is an Indian-born businessman and former billionaire, the founder and acquirer of a number of companies based in the United Arab Emirates, including Abu Dhabi–based NMC Health, [1] [2] Neopharma, BRS Ventures, and Finablr. [3] [4]
The Microsoft sign at the entrance of the Dubai Microsoft campus, Dubai Internet City Dubai Maritime City, Dubai under construction in 2008. A free zone authority is a designated economic area governed by its own set of regulations, which differ from those applicable to businesses outside the zone.
VAT Return Filing [17] in Dubai is essential for taxable businesses. Once you have applied for VAT registration, your business will get the Tax Registration Number (TRN) and it is now mandatory to file VAT Return. As per standard, you need to file VAT returns every three monthly or quarterly.
One of the key elements of the center is a privately held financial exchange that opened in September 2005 as Dubai International Financial Exchange (DIFX) but was rebranded as NASDAQ Dubai in 2008. The trading hours of NASDAQ Dubai are from 10:00 a.m. to 2:00 p.m. (6:00 a.m. to 10:00 a.m. GMT), from Sunday to Thursday. [10]
Salik (In Arabic: سالك meaning "clear and moving") is the name given to the electronic toll road system in Dubai, United Arab Emirates, which is based on RFID technology, automatically deducting a fee when a toll gate is passed under. The Salik toll was launched by Dubai's Dubai Roads and Transport Authority (RTA) on 1 July 2007.
The types of Business Licenses issued in the United Arab Emirates (UAE) are professional, commercial, industrial and tourism. The professional license covers services offered by professionals, artisans and craftsmen; the commercial license covers all trading and commercial activities performed with an intention of making profit ; the industrial license covers all industrial and manufacturing ...
All travellers in transit are exempt from entry fees for the first 48 hours; this short time may be extended for up to 96 hours for a fee of 50 AED. [ 31 ] [ 32 ] Substitute visa
RERA is a part of Dubai Land Resources Department. The agency has its own financial and administrative independence with full legal authority to regulate the real estate sector in Dubai. RERA provides transparence and effectiveness of legal framework , when everyone involved in the property market can conduct a business.