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United Arab Emirates: Market Profile

21 Feb 2019

The UAE has well-established infrastructure, a stable political system, and one of the most liberal trade regimes in the Gulf region. While the oil sector continues to make up a significant proportion...Read More


Success of BRI Port Paves Way for Future China-UAE Joint Projects

20 Dec 2018

Inauguration of new Khalifa Port terminal seen as likely precursor to new tranche of Middle East BRI developments....Read More


The United Arab Emirates: Visa on Demand

31 Oct 2018

This page provides general information about visa requirements for Hong Kong residents travelling to The United Arab Emirates. For residents outside Hong Kong, please contact the nearest embassy or co...Read More


Unlocking the Middle East Consumer Markets: Takeaways from the Lifestyle Expo in Dubai 2018

20 Sept 2018

Middle East consumers place great value on products of good quality and creative designs, a major observation at the Lifestyle Expo in Dubai 2018 that held from 25-26 June. Large household sizes in th...Read More


Lifestyle Expo in Dubai 2018 Survey Results: A Shining Outlook for Consumer Products

13 Sept 2018

Industry players in the consumer products sector in the Middle East and Africa are showing signs of optimism about market prospects in the near term. Emerging markets in the Middle East are looking up...Read More


UAE: Abu Dhabi Global Market Cuts Annual Fees to Incentivise Start-ups

7 Sept 2018

Start-ups looking to operate out of the capital’s Abu Dhabi Global Market, a federal government-supported international financial free zone, are now only required to pay a reduced annual fee of AED2,5...Read More


UAE: Dubai Airport Freezone Cuts FDI Fees in Bid to Boost Competitiveness

7 Aug 2018

The fee for registering a FDI-backed business within the Dubai Airport Freezone has been cut by 65%, while the costs of acquiring the required licenses and visas for employees have been reduced by 33%...Read More


UAE: VAT Reclaim Scheme Introduced in Bid to Boost Tourism Sector

18 July 2018

As of October this year, non-resident tourists will be entitled to reclaim the VAT on purchases made at certain government-designated retail outlets....Read More


UAE: New Government Schemes Slashes Costs of Mandatory Employee Insurance

20 June 2018

Employers will no longer be required to provide a cash guarantee of UAE Dirham 3,000 (US$817) for each new worker they recruit....Read More


UAE: Dubai and Abu Dhabi Introduce Range of Investment-Boosting Incentives

11 June 2018

Dubai and Abu Dhabi, the two most populous emirates, have separately unveiled a range of incentives designed to boost their appeal to overseas investors....Read More


UAE: Planned Real Estate Portal Set to Eliminate Property Middlemen by 2020

31 May 2018

With the aim of having all real estate transactions conducted online by 2020, the Dubai Land Department, the government’s land and property agency, has announced plans to launch a comprehensive portal...Read More


UAE: 10-Year Visas on Offer to Overseas Investors and Medical and Technical Professionals

24 May 2018

New 10-year residency visas are on offer to overseas investors, as well as to certain professionals with a high level of experience, including scientists, engineers and doctors....Read More


UAE: Gold and Precious Metal Traders Exempt from VAT Liability

4 May 2018

Traders in diamonds and a number of 99% pure precious metals, including gold, silver and platinum, are to be exempt from the country’s 5% VAT charge....Read More


UAE: Locally-Registered Companies Set to be Opened Up to 100% Overseas Ownership

2 Nov 2017

As of early 2018, overseas investors are to be permitted to wholly own UAE-registered companies operating in certain sectors. At present, at least 51% of every UAE-registered business has to be owned ...Read More


UAE: Online Registration for Incoming VAT to Commence from Mid-September

31 Aug 2017

The online registration of businesses for the UAE’s value added tax (VAT) regime will commence from mid-September. To facilitate the process, the UAE’s Federal Tax Authority has launched a website www...Read More


UAE: First Details Published of Incoming Tax Administration and Compliance Requirements

8 Aug 2017

The first details of the administration and compliance requirements relating to the country’s new tax regime were announced on 31 July, following the enactment of the Tax Procedures Law, the legal bas...Read More


UAE: Processing Time for Labour Dispute Resolution Cut to 10 Days

24 July 2017

The official processing time for the settlement of labour disputes is to be reduced from 30 days to just 10. This has been facilitated by a number of measures recently adopted by the Ministry of Human...Read More


Philippines' SEZs Set Out to Woo Chinese and Middle East Investors

5 June 2017

Rapid expansion of SEZ sector sees Philippines launch charm offensive to counter shortfall in overseas investment....Read More


UAE: 5% VAT Set to be Implemented from 1 January 2018, exemptions allowed

31 March 2017

The government is planning to introduce a 5% value added tax (VAT) on goods and services with effect from 1 January 2018. While it is yet to specify the complete list of goods and services to be subje...Read More


Fast-growing Middle East Film and TV Sector Seeks Global Markets

28 Feb 2017

Hampered by a lack of funding and a comparative shortage of outlets, the burgeoning Middle East film and TV sector is looking to attract far greater international funding and wider distribution, while...Read More

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