Best Company Setup Consultants in Dubai, UAE: Why JSB Incorporation
In 2024, Dubai’s economy grew at an impressive 5%, driven by significant infrastructural investments and a business-friendly environment. Compared to 2023, there has been a remarkable 22% increase in new business licenses issued, reaching a record high. All these things clearly show the attraction of large companies toward Dubai, UAE. And if you are the […]
Business Setup in Dubai Media City: A Complete Guide
Are you considering launching a company in the Media City Free Zone of Dubai? Starting a company in the Dubai Media City Free Zone might revolutionize your industry due to its advantageous location, cutting-edge infrastructure, and warm atmosphere. Our team of professionals is available to help you easily set up your business and walk you […]
UAE updates VAT law: New guidelines for jewelry and precious metals
On Friday, 10 Jan 2025, the Ministry of Finance declared that it is extending the use of the reverse charge mechanism to cover precious metals and stones among UAE-registered companies. The Ministry declared the publication of Cabinet Decision No. (127) of 2024, which broadens the use of the reverse charge mechanism. In turn, this eliminates […]
Trump Announces Record-Breaking $20 Billion Investment from UAE Tycoon
President-elect Donald Trump said on Tuesday, January 7, 2025, that the UAE company Damac Properties has invested $20 billion to create data centers in the United States. Hussain Sajwani, founder and chairman of the Dubai-based real estate developer, stated that the investment could be increased under favorable market conditions. In Palm Beach, Florida, Mr. Sajwani […]
Drydocks World announces a significant expansion to lead global renewables and marine projects
Drydocks World officially unveiled its multi-million dollar South Yard extension, a 75,000-square-meter state-of-the-art facility intended to strengthen the company’s leadership in complex offshore wind energy and marine projects worldwide and improve manufacturing capabilities. With a 40% increase in fabrication capacity and a 25% increase in yard capacity, the expansion allows Drydocks World to handle several […]
Global Tax Reform: UAE Introduces 15% Minimum Tax on Big Corporations
As part of changes to its corporate tax laws, the United Arab Emirates will impose a new tax on multinational corporations operating within the nation. On Monday, December 9, 2024, the Ministry of Finance announced that large multinational enterprises (MNEs) will have to pay a minimum of 15% tax on their domestic profits, up from […]
UAE Cuts Freelance License Fees to Dh1,070: A Game-Changer for Gig Workers!
To foster a more flexible job market and draw and keep talent, the United Arab Emirates has been making it simpler and more economical for its independent freelancers to apply for licenses. The COVID-19 pandemic accelerated the change in working habits, which has made the gig economy more popular in the Emirates, particularly among younger […]
Dubai Tightens Visa Requirements: Indian Travelers Must Now Submit Extra Documentation
Reservations for hotels and return tickets are now mandatory under the updated rules. Applicants must upload these documents at the time of application on the Emigration Department website. Tourist visas can only be applied for through travel agencies, but visit visas can be applied for by individuals, families, or trading companies. The same documentation requirements […]
How to Get a Fruits Trading License in Dubai
Dubai, known for its strategic location and business-friendly environment, is an attractive destination for entrepreneurs looking to venture into the fruits trading industry. The city’s diverse market, coupled with its status as a global trading hub, offers immense opportunities for growth and profit. Here’s a comprehensive guide on how to obtain a fruits trading license […]