Economy & Trade

Gulf Cooperation Council Set To Introduce GCC Visa Valid For UAE, Saudi Arabia, Bahrain, Kuwait, Qatar, and Oman

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The Gulf Cooperation Council (GCC) is set to introduce a Schengen-style, unified visa for tourists and businessmen from 35 foreign and Arab countries, following discussions at the “Future of Travel for the GCC” discussion at the ongoing Arabian Travel Market currently being held at the Dubai World Trade Centre. The unified visa system aims to […]

Applying For A Five Year Multi-Entry Visa For Dubai

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New visa regime is designed to attract visiting businessmen and tourists Visitors regularly attending meetings in Dubai can now obtain a five-year entry permit that allows them to enter the UAE multiple times a year and stay in the country for up to 180 days without a sponsor.

UAE Corporate Tax Changes: Can A Free Trade Zone Company Change Status To Obtain Small Business Tax Relief?

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With the 1st June deadline now less than a month away, decisions continue to be made (albeit somewhat last minute) at the UAE Ministerial level as concerns changes to the UAE Corporate Income Tax regime.

Dubai Positions Itself To Attract Hong Kong Financial Services Investments

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The UAE’s low taxes, supportive regulatory frameworks, technological innovation and a quality talent pool have made Dubai an attractive home for a growing number of hedge funds, with the country now reaching out to attract businesses from Hong Kong. These attributes could help the Emirate act as a gateway to the Middle East for Hong […]

UAE To Assist Belarus To Develop Middle East Trade

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The UAE Embassy in Belarus will assist the Belarusian Universal Commodity Exchange (BUCE) in the development of exchange trade with the countries of the Middle East, North Africa and Asia. This agreement was reached following the meeting between Ambassador Extraordinary and Plenipotentiary of the UAE to Belarus Ibrahim Salim Mohamed Almusharrekh and the management of […]

UAE, Cambodia Conclude Comprehensive Economic Partnership Agreement

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Trade deal opens UAE markets to Cambodian exporters and vice-versa  The United Arab Emirates and Cambodia have finalised the terms of a Comprehensive Economic Partnership Agreement (CEPA), the UAE Ministry of Economy has confirmed.

UAE-China Bilateral Trade Expected To Reach US$200 billion by 2030

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UAE and Chinese business leaders have been hosting an event at the Dubai Multi Commodities Centre to observe China Business Day and celebrate the growing commercial ties between UAE and China.

Understanding UAE Small Business Tax Relief: FAQ

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Business owners operating in the various UAE free zones are impatient to understand the corporate tax implications on their operations. Part of this is due to the new UAE tax regime scheduled to come into effect on 1st June this year, while decisions are yet to be published by the UAE Ministry of Economics concerning […]

Understanding The UAE Free Trade Zone Vs. UAE Mainland Establishment Investment Structure Options

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Overseas businesses with plans to launch in the UAE are not taking a wait-and-watch approach on taking a free zone license until the full updates on the corporate tax are revealed. Instead, many foreign investors are signing up to set up their businesses, as the UAE anyway offers some of the most compelling rates and […]

UAE Plans To Double Re-Exports By 2030

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The UAE Cabinet has approved initiatives aimed at doubling the level of national re-exports within seven years, following a UAE Cabinet meeting. As well as looking to boost national re-exports the Cabinet reviewed trade agreements and recent commercial successes. UAE Re-Exports The decision to actively encourage re-exports from the UAE underpins the UAE as possessing […]

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