Starting a business in the United Arab Emirates (UAE) is an exciting venture. With a thriving entrepreneurial ecosystem, zero personal income tax, and strategic location, the UAE is a magnet for startups and small businesses.

Since the implementation of Value Added Tax (VAT) in the UAE on January 1, 2018, businesses across the country—including small and medium-sized enterprises (SMEs)—have had to adopt new systems and practices to comply with the regulations set by the Federal Tax Authority (FTA).

The United Arab Emirates (UAE) has long enjoyed a reputation as a low-tax jurisdiction, attracting global investors, corporations, and entrepreneurs.