Companies Move Headquarters to Dubai: The UAE has long maintained a policy of encouraging foreign investment. From a financial perspective, the stable UAE dirham pegged to the US dollar, the absence of income and corporate taxes,  exchange restrictions and the ability to repatriate capital and profits make it a very attractive jurisdiction when considering setting up a business in the UAE.

Many multinational businesses have chosen to locate their regional headquarters in the UAE, which has led to Dubai gaining a reputation as a regional centre. The UAE is a white listed onshore jurisdiction that offers offshore jurisdiction services as well as opportunities that exist only in mature industrial and financial hubs. International businesses moving to the UAE find themselves in a thriving market with excellent infrastructure between the west and the developing east, able to generate new business. A pro-business government encouraging foreign investment, has developed the country into a cosmopolitan centre welcoming a diverse specialist and competitive workforce. Read more

Dubai is Better Than any Tax Heaven:  In today’s global economy and especially after the recent financial problems and scandals, the spotlight has focused on international groups and companies, especially bigger ones, where they pay their taxes.

If we were to say to you that you could have, as an alternative, an international company based in one of the world’s prime business cities, with nearly 400 high rise office buildings, and in the middle of a global business hub, all this whilst keeping all the tax advantages that you would expect of a traditional tax haven, you probably would not believe this. The alternative we talk about is the UAE, in particular Dubai and Ras Al-Khaimah (RAK). Read more

Ajman Freezone: World’s Fastest Growing Free Zone: Ajman Free Zone (AFZ) was established in 1988, leading to massive industrial development in Ajman by attracting a great number of companies to benefit from the investment privileges, thereby strengthening industry and trade and the financial sector in the UAE. Read more

Double Tax Treaty News: United Arab Emirates – Uganda Tax Treaty Signed: On 9 June 2015, the United Arab Emirates and Uganda signed an Income Tax Treaty. Further details will be reported once the text of the treaty becomes available.