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Abu Dhabi: The UAE economy is forecast to grow 3 per cent in 2023 and 4 per cent in 2024, driven by the non-oil sector, which is expected to benefit from strong growth in tourism, government initiatives, and technological advancements, according to S & P.

As per global practices, international transportation is generally zero-rated under the UAE VAT laws. The international transport of passengers or goods – whether it starts or ends in the UAE or passes through its territory - is zero-rated.

My 19 years of experience in Dubai has reinforced the importance of assessing and addressing the fundamental principles when it comes to establishing a thriving business in the UAE. The unique economic, cultural, and regulatory aspects of this dynamic market play a pivotal role in achieving success..