1. Taxes and duties The UAE implemented Value-Added Tax (VAT) on 1 January 2018, with the general VAT rate fixed at 5% and is applicable to most goods and services. As for custom duties, 5% is imposed on the cost, insurance, and freight (CIF) value of imports. Other rates ma...
Suppose you are looking to start your business, expand, orrelocate your business; you can consider the UAE due to its economic stability, investor-friendly, and tax-free regime. Before making your decision, you need to study or understand how the VAT system works in this country. Read more ...
Understanding the documents required for VAT registration in the UAE can be confusing. Our experts help you gather all the necessary documents, ensuring that your application is accurate and complete. Common documents required include business licenses, financial statements, and identification documents. V...
In extreme cases, this duty can be as high as 67.5% of the CIF value. Excise tax rates in the UAE are particularly high for tobacco products and electronic smoking devices at 100%, and 50% for carbonated and sweetened drinks. Saudi Arabia duties and taxes In Saudi Arabia, a VA...
Value-added tax (VAT): A 5% VAT rate applies only to companies with annual revenue exceeding AED 375,000 (~USD 102,000). Import and export taxes: Import tax is generally 5% of the cost, insurance and freight (CIF) value, with higher rates (50-100%) for certain harmful products ...
UAE: Renewing visit visa? Airport-to-airport rates now up by nearly 20% Posted byUAE Free Zones on 14 Jan 2024 Visitors can get the visa change either on the same day or they can spend a night in the neighbouring country and return the following day.Learn More... ...
摘要: The UAE is expected to increase expenditure, primarily in the areas of infrastructure and developmental enterprises in 2017 in view of the preparations for Expo 2020 Dubai. The steel consumption in the country, however, has not shown any rise yet. 年份: 2017 收藏...
and women entrepreneurs at attractive rates. In fact, RAKEZ broke the ground by becoming the first free zone in the UAE to provide a special package for women entrepreneurs. Ajman Free Zone is also supporting the budding entrepreneurs by designing a special ‘Pioneer Package’ aimed at the ...
We were immediately attracted to establish our manufacturing facility in RAKEZ when we found out that it offers ready-made facilities for affordable rates, which is a must for any startup company. Apart from that, the Al Hamra Industrial Zone is very accessible from Dubai and the rest of the...
Fees and charges are subject to change. All fees and charges listed are inclusive of 5% Value Added Tax (VAT), where applicable. Details Charges Profit/Interest Rate Up to 3% monthly Processing Fee Up to 4.2% Profit/Interest rates may be subject to change at the Bank’s discretion Terms...