The consumption tax increases the cost of specific goods and may have the following impacts on related industries:
1. Price adjustments: Businesses ne ...【Read More】
The UAE introduced a consumption tax in 2017. This indirect tax is ultimately paid by consumers and targets specific goods detrimental to health or th ...【Read More】
Shams specializes in media, technology, and creative industries, permitting the registration of Free Zone companies (FZCO/FZE), offshore companies, an ...【Read More】
1. Free Zone Company (FZCO): The recommended minimum registered capital is 50,000 dirhams (no need for actual payment).
2. Offshore company: No minimu ...【Read More】