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The United Arab Emirates operates an approved, fully functional value-added tax (VAT) refund system for tourists. This system is administered by the UAE Federal Tax Authority (FTA) and is based on the international tax-free model, similar to schemes used in a number of European and Asian countries...

Opening a bank account abroad remains a востребованным solution for both individuals and corporate clients. The reasons may vary: conducting international business, settling with foreign counterparties, opening a merchant account, risk diversification, or accessing foreign banking products...

The federal tax legislation of the United Arab Emirates establishes strict requirements for the maintenance and storage of documentation related to value-added tax (VAT). All companies carrying out VAT-liable transactions in the UAE are required to properly account for such transactions, submit tax returns on time, and ensure appropriate storage of primary and accounting documents...

The economy of the United Arab Emirates is widely regarded as one of the most competitive and diversified in the world. Over recent years, the country has consistently ranked highly in international indices measuring competitiveness, investment attractiveness, and the quality of the business environment...

In certain cases, legislation allows a company to change its jurisdiction of registration without liquidation, provided that such a possibility is expressly permitted by the laws of both the outgoing and the receiving jurisdictions, as well as by the company’s charter and constitutional documents. In such situations, the process is referred to as company relocation or, formally, redomiciliation...