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Deadline Updates for United Arab Emirates Economic Substance Regulation Notifications

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Deadline Updates for United Arab Emirates Economic Substance Regulation Notifications
  • Newsletter, U.A.E.

Deadline Updates for United Arab Emirates Economic Substance Regulation Notifications

  • According to financial experts in United Arab Emirates, Government regulatory authorities have amended or confirmed the filing deadlines for their annual filing notifications in their respective free zones.

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DIFC Foundations now being accepted as Direct Shareholders by JAFZA
  • Newsletter, U.A.E.

DIFC Foundations now being accepted as Direct Shareholders by JAFZA

  • JAFZA (the Jebel Ali Free Zone) has become the most recent Dubai jurisdiction to allow Dubai International Financial Centre (DIFC) Foundations as direct shareholders and/or incorporators in registered entities. This is a big step forward when it comes

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VAT Refund for Foreign Businesses in the UAE
  • Newsletter, U.A.E.

VAT Refund for Foreign Businesses in the UAE

  • The Federal Tax Authority (FTA) has introduced a VAT refund scheme in the United Arab Emirates for foreign businesses. With this scheme, all eligible non-United Arab Emirates established businesses will be able to submit the VAT refund requests

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Free Zones in Dubai Have Extended ESR Submission Deadline to June 30
  • Newsletter, U.A.E.

Free Zones in Dubai Have Extended ESR Submission Deadline to June 30

  • ESR or Economic Substance Regulation submission had the deadline of March 31, but due to the pandemic of COVID-19 in these days, a few free zones have extended the deadline for the companies. As they postponed the

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  • Newsletter, U.A.E.

Organizers of Expo Discover the Postponement by One Year for COVID-19

  • Recently Expo Dubai has conducted a virtual meeting of the Steering committee with all representatives from different nations. They discussed the ultimate impact of Coronavirus, COVID-19 which has impacted the Global preparations of Expo 2020 Dubai.The nations that

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The implications of Expo 2020 for Dubai’s real estate scenario
  • Newsletter, U.A.E.

The implications of Expo 2020 for Dubai’s real estate scenario

  • There seems to be an upsurge in the real estate arena of Dubai thanks to the years of reforming the real estate policies to draw in the investors. The reforms seem to be working now that the investors

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Are the U.A.E. real estate deals set to go up in 2020
  • Newsletter, U.A.E.

Are the U.A.E. real estate deals set to go up in 2020?

  • Enquiries for mortgage for lesser-priced properties in the U.A.E. has seen an increase by almost 59 percent between the year 2018 and 2019 because of lower property prices and also favourable interest rates.

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Foreign Civil Decrees Passed by U.A.E. Courts Are Now Enforceable in India
  • Newsletter, U.A.E.

Foreign Civil Decrees Passed by U.A.E. Courts Are Now Enforceable in India

  • Foreign Civil Decrees Passed by U.A.E. Courts Are Now Enforceable in India The Indian Government has advised in a recent notification that foreign civil decrees which are passed by the courts in the UAE are allowed to now

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UAE Plans to Ready Itself for the Next 50 Years in 2020
  • Newsletter, U.A.E.

UAE Plans to Ready Itself for the Next 50 Years in 2020

  • UAE Plans to Ready Itself for the Next 50 Years in 2020. UAE has announced 2020 as the year of preparing for the next 50 years. The Kingdom’s 50th anniversary also falls in the year 2021, marking 50 years

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Key Points of FAQ Regarding Economic Substance Regulations in the U.A.E.
  • Newsletter, U.A.E.

Key Points of FAQ Regarding Economic Substance Regulations in the U.A.E.

  • In April 2019, the U.A.E. Ministry of Finance announced Cabinet Resolution No 31 of 2019 (Resolution) on Economic Substance Regulations (ESR). The regulation is an element of Kingdom’s commitment to the OECD inclusive framework.

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