We remind you that the VAT rules within the European Union are changing as of 1/7/21. They concern online purchases and more generally electronic commerce between businesses and consumers outside the European Union. Some notions Prior to 7/1/2021, all goods imported into the EU valued at less than 22 Euros were exempt from VAT. But […]
The Emirates have been seen as an Eldorado for decades. Every year, many expatriates leave their homeland for the peninsula. This phenomenon has only intensified since the start of the Covid-19 pandemic, with the arrival in mass of individuals, in particular influencers and celebrities who have made the headlines of the newspapers and tabloids. The […]
Dubai is known all over the world to be a paradise for investors. Thanks to new economic and governmental reforms it has become even more interesting to set up a business in the UAE. If you decide to set up your business in the mainland, you will have to deal with the Department of Economic […]
Are you moving to the UAE to live and work? Are you packing your bags and wondering if you might have to pay import taxes and duties on some of the items you are packing? We can help you figure out what is authorized and what is not, and what is checked at customs on […]
Increase your company transparency. The UAE government issued Cabinet Resolution 58, replacing Cabinet Resolution 34 on 28 August 2020. This resolution aims to regulate Ultimate Beneficial Owner Procedures in order to increase corporate transparency of the UAE registered entities. The resolution requires all entities licenses in the UAE (unless exemptions apply) to prepare and fill […]
