Search results
Results from the WOW.Com Content Network
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: 100% foreign ownership of the enterprise; 100% import and export tax exemptions
The United Arab Emirates Federal Customs Authority is an Emirati governmental authority concerned with drawing customs policy in cooperation with customs administrations, preparing unified legislation to regulate customs work, and supervising implementation of it by customs administrations and related government authorities, and protecting the State from revenue fraud and smuggling operations ...
Free-trade zones in Dubai, (FTZs) are special economic zones set up with the objective of offering tax concessions and customs duty benefits to expatriate investors. There are 26 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business ...
It is an essential document for accessing government services, legal processes, and other key functions within the country. Managed by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Emirates ID card plays a critical role in verifying an individual’s identity and facilitating transactions in both the ...
United Arab Emirates vehicle registration plates Emirate Image (550x110mm) Image (335x155mm) Description and range (applies to current version) Abu Dhabi (1(2) 12345) The first number can be either 4 to 20 or 1 (50 for year), while the numbers after it can be only up to five digits. Ajman
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 federal government and local governments are entitled to levy taxes on citizens and companies. The federal government currently levies a value added tax, corporate income tax, and excise taxes. Some emirates levy property, transfer, excise and tourism taxes. Some emirates also charge corporate taxes on oil companies and foreign banks.
The UAE federal government was formed on 2 December 1971, when the rulers of five emirates, formerly part of the Trucial States established the United Arab Emirates.The Constitution established the federal government and outlined its mandates and jurisdictions in Article 120 and Article 121.