Insights

The Amendments to the Economic Substance Regulations in the UAE
8 Nov 2020

The Amendments to the Economic Substance Regulations in the UAE

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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Ultimate Beneficial Ownership
24 Oct 2020

Ultimate Beneficial Ownership

The United Arab of Emirates just recently replaced Cabinet Resolution No. 34 of 2020 to Cabinet Resolution No. (58) of 2020 regulating Beneficial Owner

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Get your Lifetime Investor Visa in UAE
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 Unveils A New Innovation License
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 Smashes 2020
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 Law For Setting-Up Government Companies in Dubai
16 Sep 2020

New Law 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 New Law to Regulate a Family Owned Business
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 Moves Towards Normalcy
5 July 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 Overhauling of Economic Substance Regulation in the UAE
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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Economic Substance Regulations (ESR)
8 May 2020

The Introduction of Economic Substance Regulations in the UAE

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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New UAE bankruptcy law to be operational in early 2017
5 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 Financial Affairs,

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New requirements will not imperil offshore formation
5 Sep 2017

New requirements will not imperil offshore formation

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 consulate issues advisory on shipping firms, agents with bad records
5 Sep 2017

Indian consulate issues advisory on shipping firms, agents with bad records

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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