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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 ...
The UAE's taxation system includes Value Added Tax (VAT) and Corporate Tax, and businesses and individuals must meet certain criteria to register. Below are the persons required to register for Taxes: [2] Companies, sole proprietors, and freelancers who provide taxable goods or services. Importers and exporters dealing in taxable goods.
The legal system in the United Arab Emirates is based on civil law, and Sharia law in the personal status matters of Muslims and blood money compensation. [1] Personal status matters of non-Muslims are based on civil law. [2] The UAE constitution established a federal court system and allows all emirates to establish local courts systems. [3]
A business entity is an entity that is formed and administered as per corporate law [Note 1] in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries.
The DIFC Courts are part of the sovereign structure of the Emirate of Dubai, within the UAE and independent from the Dubai Courts and Government of Dubai. Specifically, Dubai Law No.12 of 2004 [2] ('Dubai Law No.12') is the governing statute which originally established the DIFC Judicial Authority (including the two DIFC Courts, the Court of ...
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This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government.
The cassowary looks like a relic from another geologic era – it’s as tall as a person, has glossy black feathers and piercing eyes, walks on two feet, can weigh up to 140 pounds, and has a ...