{"version":"1.0","provider_name":"Vito Ammirati","provider_url":"https:\/\/www.vitoammirati.com\/en\/","author_name":"admin","author_url":"https:\/\/www.vitoammirati.com\/en\/author\/admin\/","title":"U.A.E. Summary 2014 - Vito Ammirati","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"A7hEi3dBjj\"><a href=\"https:\/\/www.vitoammirati.com\/en\/u-a-e-summary-2014\/\">U.A.E. Summary 2014<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.vitoammirati.com\/en\/u-a-e-summary-2014\/embed\/#?secret=A7hEi3dBjj\" width=\"600\" height=\"338\" title=\"&#8220;U.A.E. Summary 2014&#8221; &#8212; Vito Ammirati\" data-secret=\"A7hEi3dBjj\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.vitoammirati.com\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","description":"U.A.E Summary 2014 Investment basics: Currency \u2013 UAE Dirham (AED) Foreign exchange control \u2013 No Accounting principle\/financial statements &#8211; IASIIFRS. Financial statements must be prepared annually. Principal business entities &#8211; These are the limited liability company, private\/public joint stock company, branch and representative office. Foreigners generally may only own up to 49% of a UAE-registered company, although they may increase their shareholding to 100&#8243;\/ii in respect of companies set up in free trade ZONES. Corporate taxation: Residence &#8211; In practice, a company that is incorporated in the UAE is considered resident provided it can establish that: (1) all of the shares of the company are bene\ufb01cially owned by residents of the UAE; or (2) all or substantially all of the company\u2018s income is derived by the company from the active conduct of a trade or business other than an investment business in the UAE; and (3) all or substantially all of the value of the company\u2018s property is attributable to property used in that trade or business. Basis &#8211; Income tax decrees have been issued by five of the seven Emirates (i.e. Abu Dhabi, Dubai, Shariah, Ajman, Umm Al Qaiwan, Ras Al Khaimah and Fujairah), but currently are only enforced [&hellip;]"}