Insights

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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UAE
26 May 2021

UAE Golden Visa

UAE Golden Visa. Who is eligible for the UAE golden visa. To apply for a10-year residence visa in the UAE the following categories are entitled

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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. (31) of 2019, on 30th of April 2019.

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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 around the world

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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 aim to combat harmful tax practices.

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The
05 Sep 2017

The New UAE Bankruptcy Law | UAE

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 Financial Affairs,

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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 financial institutions (FFIs)

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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 from Indian seafarers in distress in the

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