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Showing posts from June, 2025

The New Saudi Arabia VAT Refund for Tourists Explained

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  The New Saudi Arabia VAT Refund for Tourists Explained Published on April 21, 2025 | 10:51 am Imagine exploring the ancient wonders and vibrant culture of Saudi Arabia—and now, getting a little extra back in your pocket! Starting  April 18th, 2025 , tourists visiting the Kingdom can claim a  15% refund on their purchases  through the  Saudi Arabia VAT refund program . Read on to discover how this exciting new initiative makes your Saudi Arabian journey even more rewarding. To dive deeper, check our full post on  Saudi Arabia VAT refund for tourists . What the Saudi Arabia VAT Refund Means for Tourists Under the new regulation by the  Zakat, Tax and Customs Authority (ZATCA) , tourists are now eligible for a  15% VAT refund  on eligible goods and services purchased during their stay. This means purchases at participating vendors are effectively  zero-rated  for tourists at the point of refund. GCC Travelers Also Benefit Tourists fr...

The New Saudi Arabia VAT Refund for Tourists Explained

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  The New Saudi Arabia VAT Refund for Tourists Explained Published on April 21, 2025 | 10:51 am Imagine exploring the ancient wonders and vibrant culture of Saudi Arabia—and now, getting a little extra back in your pocket! Starting  April 18th, 2025 , tourists visiting the Kingdom can claim a  15% refund on their purchases  through the  Saudi Arabia VAT refund program . Read on to discover how this exciting new initiative makes your Saudi Arabian journey even more rewarding. To dive deeper, check our full post on  Saudi Arabia VAT refund for tourists . What the Saudi Arabia VAT Refund Means for Tourists Under the new regulation by the  Zakat, Tax and Customs Authority (ZATCA) , tourists are now eligible for a  15% VAT refund  on eligible goods and services purchased during their stay. This means purchases at participating vendors are effectively  zero-rated  for tourists at the point of refund. GCC Travelers Also Benefit Tourists fr...

Comprehensive Guide to UAE VAT on Imports and Compliance

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  Comprehensive Guide to UAE VAT on Imports and Compliance The  UAE VAT on Imports  has been clarified under directive  VATP041 , replacing VATP036. This public clarification outlines updates to the reverse charge mechanism (RCM), tax invoice requirements, and input VAT recovery, especially for financial institutions using SWIFT services. Businesses are advised to reassess compliance practices and streamline operations accordingly.  Read the full VAT import guide here . Understanding UAE VAT on Imports Navigating UAE VAT laws can be challenging, especially with frequent changes. The new clarification VATP041, issued by the Federal Tax Authority (FTA), places greater emphasis on the responsibilities of businesses importing goods and services, particularly under the  Reverse Charge Mechanism (RCM) . Businesses importing SWIFT services or digital platforms must now issue tax invoices to themselves and maintain adequate documentation for compliance and VAT reco...

VAT on Goods Movement in UAE Free Zones – Compliance, Designated Zones & Tax Rules Explained

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  Goods movement in UAE free zones involves specific VAT rules, especially between  designated zones  and the  mainland . Designated zones are treated as outside the UAE for VAT purposes in certain conditions. Businesses must apply 5% VAT for internal consumption but may be exempt for production or resale if compliant with VAT guidelines. When goods move to the mainland, import VAT applies. However,  double taxation  can be avoided through VAT refunds if proper documentation is provided. Learn more in our full guide here:  VAT on Goods Movement in UAE Free Zones . Understanding Designated Zones Designated zones are specific free zones recognized by the  Federal Tax Authority (FTA)  for special VAT treatment. These zones are technically “outside the UAE” for VAT purposes, even though physically located within the country. Encourage international trade Offer exemptions or reduced tax rates Require strict documentation and compliance See the com...

ITR Filing Guide for Indian NRIs in the UAE – File Before July 31, 2025

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  ITR Filing Guide for Indian NRIs in the UAE – File Before July 31, 2025 Boost your website visibility and stay compliant with India’s latest ITR regulations What is Off-Page SEO? Off-page SEO refers to all the optimization techniques that occur outside of your website to improve its search engine rankings. These include backlink building, social media marketing, influencer outreach, guest blogging, and brand mentions. Benefits of Off-Page SEO for Business Websites Enhances domain authority and credibility Improves Google search rankings Drives referral traffic from other platforms Boosts brand trust and visibility across the web Key Off-Page SEO Techniques Backlink Building:  Acquire quality backlinks from high DA (Domain Authority) sites like  UGS’s ITR Filing Page . Social Media Signals:  Share content across platforms like LinkedIn and Instagram. Guest Posting:  Publish articles on authoritative blogs to gain visibility. Directory Submissions:  List yo...

Hamriyah Free Zone Company Setup – Industrial Gateway to Global Trade

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  Hamriyah Free Zone Company Setup – Industrial Gateway to Global Trade 📍 About Hamriyah Free Zone Hamriyah Free Zone is the second-largest industrial free zone in the UAE, hosting over  6,500 businesses  from around  163 countries . Strategically located in central Sharjah, it offers direct highway access to all other Emirates and easy trade connectivity with  Oman, Bahrain , and other international markets. Spanning over  26 million square meters , Hamriyah Free Zone is situated along the Arabian Sea, benefiting from one of the world’s top shipping networks, making it an ideal hub for international commerce and manufacturing. ✅ Why Choose Hamriyah Free Zone? Hamriyah Free Zone offers  on-site customs facilities  and cost-effective licensing options, making it one of the most affordable free zones for setting up  trading companies, warehouses, and manufacturing units . The free zone is especially attractive to  oil and gas businesses ,...

DMCC Company Formation and Business Setup Services in Dubai Multi Commodities Centre

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  DMCC Company Formation and Business Setup Services in Dubai Multi Commodities Centre Dubai Multi Commodities Centre (DMCC) is a premier free zone in the UAE, established to support and promote global commodity trade. Strategically located in the heart of Dubai, DMCC facilitates the trade of precious metals, food products, energy, industrial goods, and much more. With its world-class infrastructure, streamlined company setup process, and investor-friendly policies, DMCC has become the destination of choice for over 18,000 companies. 🚀 Business Growth in DMCC Free Zone Companies setting up in DMCC benefit from unmatched business exposure and a collaborative network of more than 100,000 professionals. DMCC’s ecosystem promotes rapid business growth through: 🌐 Strategic networking with 18,000+ companies 📚 Monthly training events, workshops, and knowledge sessions 🤝 Business-friendly ecosystem designed for scalability 💡  Why Choose DMCC Free Zone? ✅ 100% Foreign Ownership: ...

DAFZ Company Formation and Business Setup Services in Dubai Airport Freezone

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  DAFZ Company Formation and Business Setup Services in Dubai Airport Freezone Dubai Airport Freezone (DAFZ) is one of the UAE’s most advanced and dynamic business hubs, strategically located near Dubai International Airport. With world-class infrastructure, zero-tax benefits, and a full range of business setup services, DAFZ offers an ideal platform for companies aiming to establish a strong presence in the Middle East and beyond. DAFZ empowers global investors and entrepreneurs with: 100% foreign ownership Full repatriation of profits and capital Total tax exemptions (corporate, personal, and import/export) Streamlined company registration process Cutting-edge office and logistics facilities 💡  Why Choose DAFZ Free Zone? 📍 Prime Location:  Adjacent to Dubai International Airport for seamless logistics and trade 🏢 World-Class Infrastructure:  Modern offices, warehousing, and ICT support 💼 Fast Business Licensing:  Quick company registration and licensing as...

Business Setup in Sharjah Media City (SHAMS) Free Zone

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  Business Setup in Sharjah Media City (SHAMS) Free Zone Sharjah Media City , also known as  SHAMS , is one of the most cost-effective and rapidly growing free zones in the UAE, established in 2017. It is particularly well-known for empowering creative and media businesses with an affordable and streamlined company setup process. Whether you're starting a new venture or expanding an existing one, SHAMS offers a dynamic ecosystem tailored for entrepreneurs. With Unicorn Global Solutions by your side, you gain access to expert guidance on licensing, registration, and bank account assistance for your  SHAMS Free Zone company formation . Why Choose SHAMS Free Zone? 100% Foreign Ownership 0% Corporate and Personal Tax Quick and simple registration process One of the cheapest Free Zone licenses in the UAE Free exhibition space at events like GITEX and Seamless Middle East Tax-free jurisdiction in Sharjah Business community sessions and networking opportunities Free training ses...

Business Setup in Meydan Free Zone, Dubai

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  Business Setup in Meydan Free Zone, Dubai Meydan Free Zone  (Meydan FZ) is a premier location in the heart of  Dubai , offering immense growth opportunities for startups and established enterprises. Strategically positioned near major business districts, Meydan FZ is designed to attract global entrepreneurs aiming to scale their businesses in the UAE and beyond. With Unicorn Global Solutions as your business setup partner, you’ll receive professional assistance in every stage of  Meydan Free Zone company formation . From documentation to licensing and visa processing—we’ve got you covered. Why Choose Meydan Free Zone? Meydan FZ is renowned for its competitive pricing, straightforward setup process, and business-friendly environment. Here are key advantages of establishing your company in Meydan: 0% Corporate & Personal Income Tax 100% Foreign Ownership No minimum paid-up capital requirement Full repatriation of capital and profits No import or re-export duties ...

Business Setup in RAKEZ Free Zone, UAE

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  Business Setup in RAKEZ Free Zone, UAE RAKEZ , also known as  Ras Al Khaimah Economic Zone , is a thriving business hub in the United Arab Emirates offering attractive business incentives, flexible packages, and a fast-track setup process. Unicorn Global Solutions  provides end-to-end business setup services in RAKEZ Free Zone for entrepreneurs and global investors. Our expert team includes consultants, lawyers, PRO specialists, and company formation advisors—ensuring a seamless experience for your UAE business launch. Why Choose RAKEZ Free Zone? Strategically located with access to global markets, RAKEZ provides one of the most cost-effective and flexible platforms for startups and large enterprises alike. Here are some compelling reasons to choose RAKEZ for your business: 100% Foreign Ownership  with full profit repatriation Tax Benefits:  Zero corporate and personal income tax Diverse Business Activities  allowed under one license Global Market Access ...

Start Your IFZA Dubai Free Zone Company with Unicorn Global Solutions

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  Start Your IFZA Dubai Free Zone Company with Unicorn Global Solutions World-class Business Opportunities at your ease Entrepreneurs can now enjoy lifetime visa benefits and unmatched business setup packages in the UAE through IFZA Dubai Free Zone. Why Choose IFZA Free Zone? The  International Free Zone Authority (IFZA)  is one of the most cost-efficient and strategically located free zones in the UAE. Just 20 minutes from  Dubai International Airport  and  Downtown Dubai , IFZA is a top choice for startups and international investors. Regulated by the  Dubai Silicon Oasis Authority , IFZA offers a variety of licensing packages that are flexible, affordable, and investor-friendly. Key Features of IFZA: 100% foreign ownership Zero personal and corporate income tax Multiple activities under a single license No physical office requirement Cost-effective visa and license fees Essential Documents for IFZA Business Setup Copies of shareholder passport(s) Va...