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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Bill Approval
A significant step has been taken by the Philippine House of Representatives as a key committee has approved a bill to eliminate the travel tax for Filipinos. This move could potentially reduce travel costs for millions of citizens flying out of the country.
## Legislative Process
The bill, which consolidates 18 separate proposals, aims to remove the travel tax ranging from ₱1,620 to ₱2,700. It has been prioritized by the Legislative-Executive Development Advisory Council, with hopes for approval by June.
## Funding Concerns
While the proposal has widespread support, there are concerns about funding for programs currently financed by the travel tax. These include tourism infrastructure, education, and cultural initiatives. Discussions are ongoing to ensure these programs remain funded.
## Impact on Education and Culture
The travel tax contributes significantly to the Higher Education Development Fund, supporting scholarships and educational programs. The National Commission for Culture and the Arts also relies on these funds. Officials emphasize the need for alternative funding sources to maintain these essential services.
## Economic Implications
If passed, the bill could make travel more affordable for Filipinos. However, lawmakers are tasked with finding a balance between reducing travel costs and maintaining financial support for vital sectors.
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