Insights

A
09 Jun 2022

A Quick Guide to Tax Residency Certificates

UAE Tax Residency Certificates are used to take advantage of double taxation treaties. Over 76 countries offer comprehensive tax treaties to help you avoid doub...

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DMCC
24 May 2022

DMCC Company Regulations (2020): Amendments in compliance with the law

As of 2 January 2020, the Company Regulations 2020 replaced the DMCC Company Regulations 2003, providing more clarity and flexibility....

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UAE's
19 May 2022

UAE's FTA introduces a whistle-blower program for tax violators

FTA encourages businesses to report non-compliant practices for business fairness and equality. However, equal opportunities in taxation must be maintained...

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CEPA
10 May 2022

CEPA Trade Agreement Between UAE and India Enters into Force on May 1

A historic Economic Partnership Agreement between UAE and India came into force on Sunday, May 1, granting duty free access to most Indian exports to the UAE...

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UAE
21 Apr 2022

UAE Golden Visa scheme updated

Significant amendments have been made to the Golden Visa scheme to simplify eligibility criteria and expand the categories. As a result, investors, scientists, ...

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UAE
16 Apr 2022

UAE Citizenship Law

Under certain conditions, the UAE has amended the citizenship law, allowing foreign investors, professionals, unique talents, and families to acquire the Emirat...

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AML
14 Apr 2022

AML and CTF in the UAE: A Strategic Approach

UAE has been working on its strategies to combat Illegal funding of organizations and money laundering activities and comply with FATF standards (Financial Acti...

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The
09 Sep 2021

The UAE Launches New 'Green Visa' Scheme

The new Green Visa category aimed to remove foreigners' barriers when looking for work. According to senior officials and experts, the newly launched "green vis...

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Common
17 Jun 2021

Common Reporting Standard (CRS)

Common Reporting Standard (CRS) in the UAE. UAE businesses can submit the Common Reporting Standard Report before the deadline of 30 June 2021....

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FOREIGN
09 Jun 2021

FOREIGN ACCOUNT TAX COMPLIANCE ACT (FATCA)

Foreign Account Tax Compliance Act (FATCA). Reporting entities can submit the annual FATCA reports for the year 2020 before 30th June 2021....

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UAE
30 May 2021

UAE Allows 100% Foreign Ownership of Companies

By having 100% ownership, foreign national does not need to depend on local UAE national for any signature or representation of the organization....

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10
26 May 2021

10 Year Golden Visa

This golden visa extension is also an advantage to the family of the Golden Residency holders, particularly to the spouse and children, for they will also be of...

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UAE
24 Jan 2021

UAE Anti-Money Laundering Registration Deadline Extended

Ministry of economy extends deadline for anti-money laundering registration until the end of April 2021. What is goAML? why register on goAML?...

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Economic
08 Nov 2020

Economic Substance Filing Date Extended to 31 January 2021

Last year, the Ministry of Finance announced the submission of the ESR Notifications and Reports by the end of the year, December 31, 2020....

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UAE
10 Dec 2020

UAE Allows Full Foreign Ownership Introduction

As a part of the continuous effort of the government to encourage the other nationalities to set up a company and enjoy the conducive legislative environment...

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The
08 Nov 2020

The Amendments to the Economic Substance Regulations

The Economic Substance Regulations, which is also known as “ESR” was formally introduced to the United Arab Emirates through Cabinet of Minister Resolution No. ...

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Get
11 Oct 2020

Get your Lifetime Investor Visa in UAE

Notwithstanding the current pandemic that hits all around the world, it tends to be seen an expanding interest for firing up new organizations in the UAE....

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DIFC
22 Sep 2020

DIFC Unveils A New Innovation License

Choosing to start a business in the UAE is a good decision and selecting a specific place inside Dubai will incredibly assist with achieving a...

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Coronavirus
19 Sep 2020

Coronavirus Smashes 2020

Year 2020 is definitely different from the usual years in the past. Who would have thought facing and living in a world with an unseen “foe”?...

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New
16 Sep 2020

New Rules for Setting-up Government Companies in Dubai

The continuous development of the emirate’s legislative framework is an indispensable factor in accomplishing the Dubai’s strategic objectives....

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Dubai’s
15 Sep 2020

Dubai’s New Law to Regulate a Family Owned Business

Due to the astounding infrastructure, geologically favorable circumstances, and gifted human resources, organizing a business here in Dubai is one of...

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UAE
05 Jul 2020

UAE Moves Towards Normalcy

The biggest highlight of 2020 has been the COVID-19 or the SARS-CoV 2 virus. The initial jolt caused by COVID-19 disrupted the normal functioning of life all ar...

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The
15 Jun 2020

The Overhauling of Economic Substance Regulation in the UAE

In the year 2019, 30th of April, the Economic Substance Regulation, known as ESR were presented in the UAE through Cabinet of Minister Resolution No. 31 of 2019...

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The
08 May 2020

The Introduction of Economic Substance Regulations

UAE has issued resolution in connection with Economic Substance Regulations last 30th April 2019 as a part of UAE’s efforts to comply with global standards that...

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New
05 Sep 2017

New UAE bankruptcy law to be operational in early 2017

The new UAE bankruptcy law approved by the UAE Cabinet this week is likely to come into effect early next year.Obaid Humaid Al Tayer, Minister of State for Fina...

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New
05 Sep 2017

New Requirements will not Imperil Offshore Formation | AMCA

Under CRS - similar to the Foreign Account Tax Compliance Act introduced by the US to tackle tax evasion and target sources of undeclared wealth - foreign finan...

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Indian
05 Sep 2017

Indian Consulate Issues Advisory on Shipping Firms

The Indian Consulate in Dubai has issued an advisory about unscrupulous shipping companies and agents following a huge number of complaints received recently fr...

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