ABU DHABI / WAM The Supreme Legislation Committee in the Emirate of Dubai (SLC) invited representatives from 17 local government entities to participate in a panel discussion entitled, ‘Legislative Audit Guidelines for Proper Implementation of the Legislation in Force in the Emirate of Dubai,’ slated for December 14. This initiative is part of SLC’s efforts to ensure that the …

  Dubai / Emirates Business The adoption of value added tax (VAT) by the GCC countries represents a major shift in tax policy that will impact all segments of the economy and lead to a fundamental change in the way businesses operate across around the region. According to EY, the VAT of 5% is expected to produce revenues of over …

  SHARJAH / WAM Sharjah has successfully sounded out increased opportunities for doing business with Far East Asia following the participation of ‘Invest in Sharjah’ at two key summits. An initiative of the Sharjah FDI Office, Invest in Sharjah took part in events in both South Korea and Shanghai to introduce businesspersons in two of Asia’s strongest economies to the emirate’s …