UAE Trade License (2024 Guide)
There was tremendous growth in the UAE economy in 2023, with trade exceeding 1 trillion dirhams and reexports exceeding 300 billion dirhams. On top of that, The Dubai Economic Agenda
There was tremendous growth in the UAE economy in 2023, with trade exceeding 1 trillion dirhams and reexports exceeding 300 billion dirhams. On top of that, The Dubai Economic Agenda
The UAE is designed for business, and to that end everything has been done to encourage and support entrepreneurs as well as business people. This means creating a secure and well-regulated environment which continues to attract companies from around the world.
The aim of the new economic substance rules (ESR) is to stop non-domiciled directors who have registered (and who operate) companies in the UAE from evading tax in their home country. It’s an important step by the UAE to ensure the country is not blacklisted as ‘non-cooperative’ by the EU. In turn, it creates a better and fairer business environment.
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