Emirate of Abu Dhabi and traditional mud-brick huts were rapidly replaced with banks, boutiques and modern highrises. The United Arab Emirates is located in the oil-rich and strategic Persian Gulf region. It adjoins the Kingdom of Saudi Arabia and the Sultanate of Oman. Abu Dhabi is located in the far west and southwest part of the United Arab Emirates along the southern coast of the Persian Gulf between latitudes 22°40’ and around 25° north and longitudes 51° and around 56° east. It borders the emirate of Dubai and emirate of Sharjah to its north. The total area of the Emirate is , occupying about
Taxation in the United Arab Emirates will be charged at 0% in respect of the following main categories of supplies: The following categories of supplies will be exempt from VAT: VAT in UAE Taxation in the United Arab Emirates The United Arab Emirates is a federation of seven emirates, with autonomous emirate and local governments. The United Arab Emirates does not have any federal income tax. An income tax decree has been enacted by each Emirate, but in practice, the enforcement of these decrees is restricted to foreign banks and to oil companies. The UAE government implemented value added tax (VAT) in the country from January