Being an Islamic nation, the UAE supposedly prohibits alcohol in the region, but to please and respect the culture and needs of immigrants and tourists, alcohol has been allowed but under strict conditions. The following are the conditions that have to be followed for the import, export, and consumption of alcohol in the UAE
There are many reasons for an investor to start a business in Dubai, but there are also several reasons for a business up for sale. These are some of them:
It’s a fact that there are still communities in Dubai that can yield 7+ percent. Examples of these are the Town Square and the old-time favorite Dubai Marina. In the recent years, Dubai has been experiencing price decline.
The concerns on the cost of living in Dubai and the UAE is the same for residents of other countries. It is a personal concern for someone who intend to become resident in Dubai.
The economy minister of Dubai, Sultan bin Saeed Al Mansoori, said that the UAE government aims to publish the list of positive sectors in terms of foreign ownership which can be up to 100 percent by the first quarter of 2019.
Here are the most important things you need to know about VAT in the UAE before setting up business in Dubai.