FTA announces Corporate Tax Registration Deadline – 90 days from Date of Incorporation/MOA. AED 10k penalty for late registration.
FTA announces Corporate Tax Registration Deadline – 90 days from Date of Incorporation/MOA. AED 10k penalty for late registration.
Selecting between voluntary liquidation and company merger for a Dubai group relies on whether you have to close a redundant entity or consolidate assets while preserving legal history. Voluntary company liquidation is best for closing solvent, inactive, or unviable entities,…
Selecting a corporation in the Meydan Free Zone demands a formal liquidation procedure to sidestep legal problems, future fines, or business bans in the United Arab Emirates. A compulsory liquidation audit is crucial for the hired liquidator to examine that…
Regarding the ‘In-Country Value’ (ICV) score, manufacturing business models tend to receive higher scores compared to the trading models. The ICV formula highlights local production, fixed assets investment, and local procurement, signifying great benefits for manufacturing, as these elements are…
Before approving a business loan, UAE banks require audited financial statements, cash flow verification, tax compliance records, proof of consistent business revenue, and debt and liability reports. These requirements are essential because they ensure that the business is legally established,…
UAE banks usually reject business loan applications because of stringent compliance, weak cash flows, incomplete documentation, or a mismatch between the business activity and license. Key reasons include poor credit history, lack of audited financials, high-risk industries, and lack of…
To become an approved vendor for the EPC and general contracting companies in the UAE, you are required to follow a strict and multi-stage prequalification process. The key steps include the company’s SAP Ariba portal vendor registration, documentation, and SPC…
Booking and accounting requirements UAE are now mandatory to follow under the federal law. All businesses must maintain accurate and IFRS-compliant records for at least 5 years, stay updated on VAT and the 9% CT, and meet other obligations to…
Dubai is a city of aspirations and rapid development. Its market is vibrant, fiercely competitive, and continuously draws foreign investment. Every significant business decision in this environment, from luring investors to carrying out a merger, is a high-stakes gamble unless…
Business setup cost in Dubai typically ranges between AED 10,000 and AED 50,000+ for initial licensing and registration, with more affordable options starting around AED 8,000–12,000 for instant licenses. Establishing a business in the United Arab Emirates in 2026 usually…
In 2026, Dubai emerged as a major business and financial hub in the Middle East. Due to its business-friendly policies, it has become a straightforward approach to set up a business in any preferred jurisdiction. Whether you want to set…
