by PREMA Team | Dec 5, 2024 | PREMA Insights
The UAE’s Corporate Tax framework sets out specific criteria for determining whether a person or entity is considered a Resident Taxable Person or a Non-Resident Taxable Person. These rules help identify who must pay corporate tax and on what income. This guide...
by PREMA Team | Dec 5, 2024 | Business
ABU DHABI (Reuters) – Abu Dhabi, the capital of the United Arab Emirates (UAE), set out measures on Wednesday to simplify processes for businesses as it strives to diversify its economy away from oil. The oil-rich city emirate, which holds more than 90% of the...
by PREMA Team | Dec 4, 2024 | Business
The UAE has more than 1.5m registered trade licenses and a broad range of economic activities, according to the Economic Integration Committee. The committee convened its seventh meeting for 2024, chaired by Abdulla bin Touq Al Marri, Minister of Economy, and was...
by PREMA Team | Nov 29, 2024 | Business
The UAE construction sector is thriving and offers enormous investment opportunities with Ras Al Khaimah alone boasting a pipeline of $75bn of projects under development. Ras Al Khaimah Economic Zone (RAKEZ) is participating in the Big 5 Global exhibition, taking...
by PREMA Team | Nov 28, 2024 | Business
Delivery Hero has increased the size of Talabat’s Dubai IPO to 20%, up from 15%, raising up to AED 7.5 billion ($2 billion). Based on the new offering, the food delivery company will sell 4.6 billion shares at a price range of AED 1.50 to AED 1.60 per share. This...
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