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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)
According to IMD World Digital Competitiveness Ranking 2021 report, the United Arab Emirates was ranked first in the Arab region and 10th globally, advancing 4 positions from 2020. The report shows that the UAE has achieved the first rank in the Arab region in all three main factors which are: the technology factor, the future readiness factor ...
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 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]
The UAE has also introduced a new Green Visa for people with bachelors degrees who earn Dh15,000 (4,084 USD) or more per month. The five-year visa policy would offer greater stability and flexibility to middle-income workers in the education sector and attract new talent to the Emirates.
The Index is a 328 m (1,076 ft) tall, 80-storey skyscraper in Dubai, United Arab Emirates. [5] Of the 80 floors, the first four floors are service floors, 5th–29th are to be offices and 31st–77th are residential use, 73rd and 75th floors are duplex penthouses and 77th to 80th floor are triplex penthouses. [ 5 ]
Ministry of Development (MR) – Central Registration and Information on Business (CEIDG) [69] – company register for natural persons trading as sole traders or their civil law partnerships (searchable); such companies are prohibited from performing certain activities (e.g. operating a life insurance company), and proper agricultural activity ...
Information about the land conditions can be given when the Dubai Land Department studies the condition of Land relations. In November 2013, Dubai Land Department launched an online real estate portal designed for sale, rental and auctions of properties, as well as for exchanging private and public real estate information. [2]