
What to Expect When Closing a Business in Dubai?
Closing a business in Dubai, either at will or due to uncontrollable factors, can be complex, with careful attention needing to be paid to all legal and financial considerations. A
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Closing a business in Dubai, either at will or due to uncontrollable factors, can be complex, with careful attention needing to be paid to all legal and financial considerations. A

EXECUTIVE SUMMARY The Federal Tax Authority has released its first comprehensive guide on the Profit Margin Scheme (VATGPM1), effective January 2026. This optional mechanism allows VAT-registered resellers to account for