by PREMA Team | Dec 17, 2024 | VAT
he UAE has introduced a new system for tourists to receive VAT refunds on e-commerce retail purchases in the country. The Federal Tax Authority (FTA) has launched a new VAT refund system for e-commerce retail purchases for tourists during their stay in the...
by PREMA Team | Dec 11, 2024 | Business
Food delivery company Talabat Holding’s shares rose nearly 7 per cent in the morning session on the first day of trading, after the company raised Dh7.5 billion ($2.04 billion) in the Gulf’s largest initial public offering this year. However, the stock, trading...
by PREMA Team | Dec 10, 2024 | Business
AE Coin, the stablecoin that is the first regulated digital currency in the UAE, has been granted final approval by local authorities and is scheduled to be launched “soon”, its general manager has said. The digital asset received the final licence from the Central...
by PREMA Team | Dec 9, 2024 | AML, VAT
The UAE has charged 15 individuals accused of tax crimes and money laundering. Dr. Hamad Saif Al Shamsi, Attorney-General of the UAE, ordered the referral of 15 individuals of various Arab nationalities to the criminal court, including some who are in custody and...
by PREMA Team | Dec 6, 2024 | Business
The UAE’s national economy continues to demonstrate accelerated growth, reinforcing its position as one of the most dynamic and competitive economies both regionally and globally. On the occasion of the 53rd Eid Al Etihad, state-run Emirates News Agency...
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