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Federal Law No. (1) for the year 2003 A.C. regarding establishment of the Federal Customs Authority (FCA) in the UAE defined the primary Functions and responsibilities of FCA on the basis that it is the authority concerned with drawing customs policy in cooperation with customs administrations, preparing unified legislations to regulate customs work, and supervising implementation of it by ...
A free zone authority is a designated economic area governed by its own set of regulations, which differ from those applicable to businesses outside the zone. Companies operating within free zones are typically non-customer-facing businesses, such as those involved in import/export, online operations, and other business activities that do not ...
The federal government currently levies a value added tax, corporate income tax, and excise taxes. Some emirates levy property, transfer, excise and tourism taxes. Some emirates also charge corporate taxes on oil companies and foreign banks. The UAE federal tax system is administered by the Federal Tax Authority (FTA), which was founded ahead ...
1.17 United Arab Emirates. 1.18 Vietnam. ... National Immigration Agency of the Ministry of the Interior of Taiwan Political Authority ... (Federal Customs Service ...
Managed by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Emirates ID card plays a critical role in verifying an individual’s identity and facilitating transactions in both the public and private sectors. [1] [2]
Free-trade zones in Dubai, (FTZs) are special economic zones set up with the objective of offering tax concessions and customs duty benefits to expatriate investors. There are 26 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business ...
The Federal National Council (the FNC) is one of the five federal bodies of the UAE, and is the consultative parliamentary organ of the federal government. The 40-member council consists of 20 members appointed by the rulers of each emirate, and the other 20 are voted by a selected electoral college.
This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . Their legal status varies from being a part of government to stock companies with a state as a regular stockholder .