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In the first half of 2022, Dubai issued almost 25% more business licenses than it did in the first half of 2021, bringing the total number of licenses issued to 45,653. The new UAE visa laws have been a big help, especially for new businesses. They are also giving entrepreneurs, investors, job seekers, IT professionals,…
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Muscat: The Muscat Stock Exchange (MSX) recently unveiled a series of innovative steps that would help stabilize the exchange and revitalize trading. The initiative’s significance lies in its capacity to easily provide liquidity for securities, maintain a balance between supply and demand, and limit the existence of offers to buy or sell securities without accompanying…
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The main difference between import and export is that import is when a company in one country buys goods from another country so that it can sell them in its own market. On the other hand, exporting means that a company sells goods made in its own country to people in other countries. Trade is…
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Muscat: The National Centre for Statistics and Information (NCSI) released preliminary figures showing that the Sultanate of Oman exported a total of 128,070,300 barrels by the end of May 2023, with an average oil barrel price of $81. You will be interested on: Oman Free Zone Company Formation Eighty percent of the 160,144,300 barrels of…
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Overview According to the Public Consultation Document released by the Ministry of Finance (MOF) on April 28, 2022, the UAE Corporate Tax (CT) regime plans to stop double taxation by not taxing some types of income. Most of the UAE CT doesn’t apply to companies based in the UAE. This is because most of their…
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Muscat, Oman – His Majesty Sultan Haitham bin Tarik has issued a Royal Decree establishing Khazaen Economic City and promulgating its Bylaw (articles of association). You will be interested on: Duqm Free Zone Company Formation Registration Incorporation The city will be located in the governorate of South Al Batinah, on a land area of approximately…
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Are you looking for a long-term residency in the United Arab Emirates? Golden Visa is waiting for you! Golden Visa is a simple residency permit that allows its holder to live in the UAE region for 5-10 years. The UAE government authorizes this visa after some initial requirements have been fulfilled. The UAE Golden…
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The UAE Government published Decree Law No. 37 on Family Businesses in the official gazette on October 10, 2022. The New Law will take effect on January 10, 2023, which is three months after it is published. People are glad that the government passed this new law because it shows that the country is still…
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The UAE is the second-largest market for cars in the GCC. Many business owners and investors want to sell auto parts in the UAE because it is a stable place for both domestic and international business. Today, the UAE is the best place to set up a business because it has the best conditions for…
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Sohar Free Zone (SFZ) is one of the most popular free zones in the Sultanate of Oman. It is located in the Sohar Industrial Port, which is the largest industrial port in the country. SFZ offers a number of advantages to businesses, including: Advantages of Free Zones in Sohar The advantages of free zones in…
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Oman is a Middle Eastern country on the Arabian Peninsula. It is a relatively small country, but it has a large economy and is a major trading hub. Oman has a number of free zones, which are special economic zones that offer businesses a number of benefits, such as tax breaks, customs exemptions, and simplified…
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UAE is a country with lots of opportunities for people from all walks of life, but entrepreneurs have more power there. This set up a business in UAE the country that business people want to go to the most. Different kinds of activities can be done in different parts of the structure, which helps set…
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Dubai is a global hub for business and commerce, and setting up a business in Dubai Mainland can offer a number of advantages. Strategic location. Dubai is located in a strategic location at the crossroads of Europe, Asia, and Africa. This makes it an ideal location for businesses that want to reach a global market.…
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Dubai, UAE – Dubai Chambers, the largest business chamber in the Middle East, today announced the opening of its first European representative office in London. The office will be responsible for promoting Dubai as a global business hub and facilitating trade and investment between the UAE and the UK. The opening of the London office…
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The United Arab Emirates (UAE) is a popular destination for expats, and there are a number of ways to obtain a residency visa. One popular option is to purchase property in the UAE. There are a variety of visas available to property owners, depending on the value of the property and the location. You will…
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Opening a business in Abu Dhabi can become an exciting matter because you get an ideal free zone. Such free zones in Abu Dhabi are helpful in several ways that range from the 100% ownership and tax-exemption to easy business setup processes. Nevertheless, there are a ton of options, and it is necessary for you…
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