Exploring the Corporate Tax in Saudi Arabia for Entrepreneurs: Navigating Fiscal Horizons
Embarking on the entrepreneurial journey in the Kingdom of Saudi Arabia is akin to navigating a complex fiscal landscape. In this blog, we’ll discuss the intricacies of corporate tax. Buckle up as we embark on a journey through the nuances of taxation, shedding light on essential aspects for entrepreneurs aiming to establish a firm footing […]
VAT registration in the UAE
The UAE government rolled out a 5% value-added tax (VAT) on January 1, 2018, which is collected at the point of sale. Businesses are required to collect and report the tax to the government. The introduction of VAT is an effort to reduce the country’s dependence on oil and hydro carbon and to create a […]
Tax residency in the UAE
Introduction: In recent years, the United Arab Emirates (UAE) has emerged as a highly sought-after destination for individuals seeking tax residency. With its attractive tax regime, robust economy, and strategic location, the UAE offers several compelling benefits for those considering establishing tax residency in the country. In this article, we will explore the advantages of […]
Compliance for UAE registered companies
From applying for a UAE business license to processing visa applications for employees, entrepreneurs are required to prove the authenticity of their submitted documents.
Top 5 Startup Funding Programs in the UAE
About 50% of the companies registered in Dubai are startups and employ half of the city’s workforce. The UAE government are committed to transforming the country into a new testbed for startups and entrepreneurs to innovate and extend the possibilities of emerging technologies.
Can’t open a bank account? Here’s why
Opening a corporate bank account is one of the necessary initial steps when starting a business in Dubai. However, this process doesn’t always go as smoothly as aspiring business owners would like.
How to register for VAT in the UAE
The value-added tax or VAT is a fee that customers are required to pay on the products and services they purchase, that goes towards supporting and funding public services in the region.
