Dubai has continued its rise as the trade capital of the world. The products and services from Dubai reach nearly one-quarter of the world’s population and acquire almost 4 trillion USD in annual business. Dubai South, previously known as Dubai World Central, is a 145 square kilometre purpose-built city centered around the newly constructed Al […]
Impact of VAT on UAE Free Zone Companies in 2018
Value-Added Tax (VAT) is the most common form of taxation in the world. Unlike sales tax that is only imposed on the final sale to the consumers, VAT is applicable on every stage of the supply chain. Over 150 countries have adopted some form of VAT, including all 29 European Union members, Canada, New Zealand, […]
