With Globalization and the digitalization of the economy, multinational companies can avoid or reduce their taxes by utilizing low tax or non-tax jurisdictions. It was increasingly becoming necessary to governments worldwide
UAE, with its seven emirates and housing more than 40 free zones, offers a wide range of business incentives and ownership freedom. Businesses often establish themselves in different emirates and free zones to benefit
Value Added Tax was introduced in UAE with effect from January 1, 2018. Business upon attaining specified criteria requires to register for VAT and comply with applicable laws and regulations.
