Foreign companies are finding it increasingly attractive to set up companies in Dubai. The reasons for their relocation include facilities such as world-class infrastructure, reliable connectivity, a talented workforce, a cosmopolitan work environment, and several incentives to invest further. There are many legal considerations to address if your company would like to expand its international … Read more
The United Arab Emirates has turned into an international business destination, and it is no exception for entrepreneurs belonging to any industry, be it video gaming, online gaming, or sports wagering. Obtaining a gaming license in the UAE involves understanding the essential laws and other gaming regulatory requirements. Farahat & Co. is here to help … Read more
If you are a corporate taxpayer, it is important to maintain accurate records of your bank-related details with the Federal Tax Authority (FTA). The FTA offers a full range of high-quality and integrated e-services to help taxpayers benefit from such services in the most convenient and effective manner. Such a service includes the option of … Read more
Corporate Tax Self Registration is a procedure for qualifying companies to register for corporate tax in the UAE through the EmaraTax portal. The Corporate Tax Registration process seeks to assist businesses in registering for corporate tax in the UAE seamlessly and efficiently. The applicant can be either a natural person or a legal person (for … Read more
The Federal Tax Authority (FTA) has recently released a Basic Tax Information Bulletin that provides corporate tax-related guidelines for natural persons in the UAE. The bulletin is designed to make the tax system more understandable and answer frequently asked questions regarding tax obligations, helping taxable individuals navigate the UAE’s corporate tax system seamlessly. Who are … Read more
Free zone establishments, otherwise known as free zone companies (FZEs) are a significant factor in the UAE economy. Establishing an FZE helps foreign investors to fully own a business in the UAE. However, depending on business requirements, the owner of an FZE may be required to transfer the shares of the company to another person … Read more