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ICV Certification in UAE: Driving Economic Growth and Compliance   In the Middle East, the In-Country Value (ICV) program has been introduced in Oman, Qatar, Saudi Arabia, and the United Arab Emirates, contributing to the growth of both national and corporate economies. The ICV certificate, initiated by the Abu Dhabi National Oil Company (ADNOC) in […]

Understanding UAE Economic Substance Regulations (ESR): A Comprehensive Guide   As the deadline for filing the annual Economic Substance Regulations (ESR) notification with the regulatory authority approaches, companies in the United Arab Emirates (UAE) find themselves faced with the critical task   of assessing whether they are engaged in any of the relevant activities outlined […]

A D&B D-U-N-S Number, also known as a Dun & Bradstreet Data Universal Numbering System Number, is a unique nine-digit identifier assigned to businesses. It is primarily used to create and maintain a business credit file that contains essential information about a company’s financial stability and creditworthiness.   Here’s why a D-U-N-S Number is important […]

The United Arab Emirates (UAE) recently issued the Federal Decree on the taxation of corporations and businesses in the country. The Federal Decree provides rules for determining taxable income, the definition of the taxable person, the taxability of the Qualifying Free Zone (QFZ) Person, and much more. The new rules will come into effect from […]