Business Articles

Business Articles

Tax implications for business setup in Dubai?

- by Gabriela Wilson

Dubai has long been celebrated as a tax-efficient jurisdiction, making it highly appealing for business setup in Dubai. While the UAE historically enjoyed a reputation for having virtually no taxes, recent years have seen the introduction of new tax regimes, primarily Value Added Tax (VAT) and, more recently, Corporate Tax. For any entrepreneur planning a business setup in Dubai, it’s crucial to understand these implications, as they directly impact profitability and compliance.

Key Takeaways:

  • The UAE introduced a 9% Corporate Tax effective June 1, 2023, for mainland and non-qualifying free zone businesses with taxable income exceeding AED 375,000.
  • Qualifying Free Zone Persons can maintain a 0% corporate tax rate on their qualifying income if they meet specific criteria.
  • A 5% Value Added Tax (VAT) applies to most goods and services, with a mandatory registration threshold of AED 375,000 annual taxable turnover.
  • Excise Tax is levied on specific goods
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How to Tell If Diamonds are Real
Business Articles

How to Tell If Diamonds are Real

- by Gabriela Wilson

Diamonds are indeed beautiful precious stones that women covet. This stone, which is hailed as a symbol of glamour, has been widely marketed because the target market is so broad that there are many rhinestones out there. Diamonds are so enchanting that this stone also occupies the title of number one most challenging material globally, and only other diamonds can scratch diamonds.

Diamonds have always been the attraction of every woman. Its high price makes it very risky to buy it at an untrusted jewelry store. Real and fake diamonds are tough to distinguish. But if you know how to tell the difference, it will make it easier for you to get the diamond you like.

Rare Carat is an online diamond jewelry store proven only to sell natural diamonds. In addition, www.rarecarat.com also provides diamond jewelry with various models and prices that can be adjusted to the contents of …

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Ways to Tell if You’re Hiring A Trustworthy Employee
Business Articles

Ways to Tell if You’re Hiring A Trustworthy Employee

- by Gabriela Wilson

Hiring is hard! You can only tell so much about a person from a resume. Face-to-face interviews usually provide deeper insight, but you still may not truly know someone after a brief round of questions and answers. The bottom line is that an employer can never be sure they’re hiring a person with integrity and strong character. That said, there are some tools that will help you figure that out.

Perform a Background Check

There’s nothing wrong with utilizing background check services for employers, in fact you absolutely should use one for every prospective hire. You deserve to know if a person has a criminal history. If they have a violent crime record, you need to protect your employees and customers. If they have a history of theft or fraud, you don’t want them handling money. This is not an intrusion, it’s necessary information.

Call Their References

A good …

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Types of Stress You Should Expect as a Business Manager and How You Should Address Them
Business Articles

Types of Stress You Should Expect as a Business Manager and How You Should Address Them

- by Gabriela Wilson

Frustrating events that make us stressed out happens regularly in various aspects of our lives. In some cases, we are expected to sacrifice our time and some effort to cook and carry out other related activities when we are tired and don’t want to. In other cases, it is when we are at work that a colleague or other factors affect us so badly that we react to them negatively. This article will discuss some of the things that stress a business manager and how they should address them.

A natural disaster or government regulation affecting a business

One of the things that stress manager a lot and give them a lot of concern is the chances of experiencing a natural disaster or government regulation that will destroy company assets and probably the company itself. This is often worrisome and stressful for a business manager because these are risks that …

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Different Ways to Conceal a Handgun
Business Articles

Different Ways to Conceal a Handgun

- by Gabriela Wilson

There are many different ways to conceal a handgun. Each one offers unique features and a different draw method. Here are a couple of carrying options you can consider. 

Outside the Waistband Holster

This can hold your gun on your back, draw side, or supporting side and easily be covered by a jacket, shirt, or concealment vest. The belt holster is popular among law enforcement, government agents, and everyday shooters. It is the most comfortable option. However, it is also one of the easiest concealed carry methods to spot because the weapon’s bulk can often be seen. To reduce your chances of being spotted, you will want to choose your other clothes carefully. The style and materials of your holster also come into play. Guns unlike PA-10 rifles are easy to hide yet perform as good as them. 

Pocket

Today there are a lot of minute guns. These make …

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