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Federal Law No. (1) for the year 2003 A.C. regarding establishment of the Federal Customs Authority (FCA) in the UAE defined the primary Functions and responsibilities of FCA on the basis that it is the authority concerned with drawing customs policy in cooperation with customs administrations, preparing unified legislations to regulate customs work, and supervising implementation of it by ...
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] The standard rate of corporate tax is 9%, some exempt businesses and those with net annual profits under AED375,000 (US$102,100) qualify for a rate of 0%, and ...
List. There are more than 20 Free Zones operating in Dubai, which include the following: Dubai Airport Free Zone [9] Dubai Design District [10] Dubai Healthcare City [11] Dubai International Academic City [12] Dubai Internet City [13] Dubai International Financial Centre [14]
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The Dubai Multi Commodities Centre (DMCC) is a commodities exchange and free-trade zone in the United Arab Emirates. It is located in the Jumeirah Lake Towers district of Dubai . The DMCC was created in 2002 and deals in four main sectors: precious commodities (e.g., gold, diamonds); energy; steel and metals and agricultural commodities (e.g ...
The UAE Telecommunications and Digital Government Regulatory Authority (TDRA) was established in 2003 [1] to regulate the Information Communications and Telecommunications (ICT) sector in the United Arab Emirates (UAE) and to ensure sustainability, competitiveness and transparency among the service providers, [2] customers and shareholders.
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Community number. 131. Mina Al Hamriya (Arabic: ميناء الحمرية, mināʾa al-ḥamrīya), also known as Port Al Hamriya, is a port-locality in Dubai, United Arab Emirates (UAE). Mina Al Hamriya is one of the smaller ports in Dubai; it is located in Deira, off the northeastern coast of the city. Mina Al Hamriya is bordered to the south ...