The UAE corporate tax law offers significant advantages for businesses operating in free zones, particularly with a 0% corporate tax rate applicable to transactions within these areas. This provision is especially relevant for Qualifying Free Zone Persons (QFZPs), who can benefit from this tax rate when they earn qualifying income from specific activities, even if...
The Dubai Land Department (DLD) and the Ajman Free Zones Authority (AFZA) have entered into a joint Memorandum of Cooperation aimed at facilitating pathways for companies registered in AFZA to obtain freehold ownership of land and property. This partnership seeks to simplify the registration process and improve coordination between government bodies. The agreement was signed...
The Dubai Land Department (DLD) has joined forces with the Ajman Free Zones Authority (AFZA) to facilitate freehold ownership access for companies registered within the free zone. This partnership aims to streamline the registration process for real estate transactions, enhancing the ease with which businesses can secure land and property ownership in the region. The...