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UAE Issues New Decree Law on Family Businesses and Offices

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UAE Issues New Decree Law on Family Businesses and Offices
  • Newsletter, U.A.E.

UAE Issues New Decree Law on Family Businesses and Offices

  • The UAE Government, on October 10, 2022, issued Decree Law No. 37 on Family Businesses and published it in the official gazette. The New Law shall come into force on January 10, 2023, three months from the date

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How To Calculate Your UAE Corporate Tax Liability
  • Article, U.A.E.

How To Calculate Your UAE Corporate Tax Liability?

  • Overview To get better prepared for the UAE corporate tax regime, calculation of the final amount of the Corporate Tax (CT) payable for a financial year must be learnt and clearly understood by all businesses. Compliance to CT

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What are the Exempt Income Categories Under UAE Corporate Tax Regime?
  • Article, U.A.E.

What are the Exempt Income Categories Under UAE Corporate Tax Regime?

  • Overview The UAE Corporate Tax (CT) regime, as per the Public Consultation Document released by the Ministry of Finance (MOF) on 28 April 2022 proposes to exempt certain forms of income from taxation to prevent incidences of double

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New UAE Visa Rules: Creating Opportunities for Investors and Entrepreneurs
  • Newsletter, U.A.E.

New UAE Visa Rules: Creating Opportunities for Investors and Entrepreneurs

  • There has been a huge surge in business license issuance in Dubai during the first half of 2022 with an almost 25% jump in the number of licenses issued compared to the first half of 2021 totaling 45,653.

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UAE Expands into The Virtual World with Dubai Metaverse Strategy
  • Newsletter, U.A.E.

UAE Expands into The Virtual World with Dubai Metaverse Strategy

  • UAE is branching out into new virtual realms with the launch of the Dubai Metaverse Strategy, designed to propel the Emirate’s economy into the future. A new era of blockchain technology has emerged that would promote Dubai as

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British Business Setups are Growing in Dubai UAE
  • Newsletter, U.A.E.

British Business Setups are Growing in Dubai UAE

  • The UAE has been witnessing a rapid surge in the number of UK businesses, effectively growing by 23% year-on-year, with many UK businesses entering the middle-eastern market through new company formation in Dubai UAE. The growing British business

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Abu Dhabi Launches Phase 2 of Investor Journey Programme
  • Newsletter, U.A.E.

Abu Dhabi Launches Phase 2 of Investor Journey Programme

  • The Abu Dhabi Department of Economic Development (ADDED) has recently signed nine agreements for onboarding nine leading institutions into the Investor Journey programme. With these agreements in place, investors and entrepreneurs can now apply for business bank accounts,

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IMC: Your Partner for Creating Successful VAT and Other Indirect Tax Strategies
  • Newsletter, U.A.E.

IMC: Your Partner for Creating Successful VAT and Other Indirect Tax Strategies

  • The UAE, following in other countries’ footsteps is increasingly focussing on indirect tax including VAT. VAT is a transaction based consumption tax that needs continuous monitoring for effective and timely compliance. Tax assessments, audits and enforcement measures are

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Transfer Pricing: How it Would Affect the UAE Business?
  • Newsletter, U.A.E.

Transfer Pricing: How it Would Affect the UAE Business?

  • Introduction Corporate Tax (CT) implementation in UAE was announced on 31st January 2022 by the Ministry of Finance and it was confirmed that one of the mechanisms substantiating the new tax law would be the introduction of Transfer

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Shareholders’ Agreement: Not Legally Binding However Crucial for UAE Startups
  • Newsletter, U.A.E.

Shareholders’ Agreement: Not Legally Binding However Crucial for UAE Startups

  • Under UAE Federal Law No. 5 of 1985 (Civil Code), contracts may either be in written or verbal form and do not need the Shareholders’ Agreement (SHA) mandatorily. However, for the avoidance of any future dispute about the

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