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Picture a dynamic logistics hub where goods are stored, consolidated, or re-exported with ease. That’s the value proposition of the UAE’s free zones, offering infrastructure, trade access, and tax advantages. But these benefits come with a regulatory framework, especially when it comes to VAT on the movement of
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If you're a business owner in the UAE, you’ve probably come to accept VAT as one of those unavoidable parts of doing business, like traffic on Sheikh Zayed Road or last-minute meetings. But just when things seem settled, the Federal Tax Authority (FTA) releases a new clarification,
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The UAE just raised the bar for financial influencers — literally. In a first for the region, the country has launched a “Finfluencer License,” giving financial content creators a clear sign of whether their advice is legitimate or not. Introduced by the Securities and Commodities Authority (SCA), this move is all
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Missing the UAE’s corporate tax registration deadline may have left many small businesses and freelancers facing steep penalties until now. In a major relief effort, the Federal Tax Authority (FTA) has announced a penalty exemption scheme for late registrations, along with refunds for those already fined. This initiative, specifically
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The Gulf Cooperation Council (GCC) region enters a new fiscal era! Tax reforms are now reshaping how entrepreneurs operate and plan for growth. Business owners in Bahrain, Kuwait, Qatar, KSA, and the UAE must stay informed about the new tax rules. In today's blog, we will explore recent