Category: Blogs

Introduction of Corporate Tax in the United Arab Emirates In the past couple of years, UAE has gone through significant changes in the tax system to modernize and cope with the international best standards. UAE has taken wide steps to...

Nowadays, information technology has affected the structure of businesses. Technology has given new focus and identity to all aspects of organizational structure and functions including policy formulation, decision-making, administration, production, sales, marketing, communications, and human resources. The invention of faster...

Over the last few years, there has been rapid development in technology which affects every industry and in a highly competitive global market. It’s very important to adopt these technologies to stay competitive in the market. The finance department within...

An acquisition is a corporate transaction where a company purchases most or all of the other company’s shares to gain control over the acquiring company. The acquisition is a good strategic move if proper planning and analysis are done. The...

Non- UAE citizens can fully own businesses in the Country – A law that is going to boost the economy. The UAE has announced changes to laws surrounding business ownership and commerce in the country. This has been implemented this...

Over the past several decades, money laundering has become an increasingly prevalent issue. Both financial institutions and governments are constantly looking for new ways to fight money laundering, and several anti-money laundering policies have been put in place to help...

Federal Decree-Law No. 18 of 2022 – Issued 26 Sep 2022 (Effective from 1 Jan 2023) January 1, 2023, will mark a significant date for the UAE’s Value-Added Tax (VAT). During this time, the country will have completed five years...

A tax residency certificate in the UAE is a document that confirms the tax residency status of an individual or a company in the UAE. The certificate is issued by the UAE Ministry of Finance and is used to claim...

Setting up a business in the United Arab Emirates (UAE) can be an excellent opportunity for entrepreneurs looking to expand their operations in the Middle East. The UAE offers a dynamic business environment, a strategic location, and a supportive regulatory...

Dubai’s Virtual Asset Regulatory Authority (VARA) is a transparent and trusted guiding authority in the world of virtual assets. Established in March 2022 by Law No. 4 of 2022, VARA is responsible for regulating, supervising, and overseeing virtual assets and their...