UAE – New Tax Residency Rules
The Ministry of Finance announced a Ministerial resolution (no. 27 of 2023) setting forth some rules that enhance clarity in determining tax residency as a follow-up to the UAE’s cabinet resolution no. 85 of 2022 on the subject. If a legal entity is founded or recognized in the UAE, it is regarded as a UAE […]
Dubai is a confirmed crypto-ready city
Dubai is ranked top in the region and second worldwide as per Recap a known Cryptocurrency Asset …
Tax Residency in the UAE
The UAE government published Cabinet Resolution No. 85 of 2022 on September 2nd, 2022, which esta…
Choose setting up family office in UAE
With the growing number of more and more wealthy families, such families are choosing to establis…
Economic Substance Test in the UAE
The Economic Substance Regulations were first adopted by the UAE in April 2019; they were later modified by Cabinet Resolution 57 of 2020 (ESR) and Ministerial Decision 100 of 2020. Almost all private enterprises in the UAE now have to comply with a variety of reporting obligations that were introduced by the relatively new rules. […]
UAE Expands Talent Pool with New Visa Regulations: Better Benefits
On October 3, the UAE government implemented new executive regulations to streamline and broaden …
Here is what you need to know about UAE Golden Visa Regulations
It is now legal to enter and remain in the UAE under new Golden Visa regulations and long-term vi…
Federal Decree-Law No.14/2022 – A Synopsis
The Federal Decree-Law No. 14/2022, Regulating Labor Relations (the Labour Law), which has been r…
Trust vs foundation – what should you know?
A foundation’s bylaws and foundation charter, which spell down the organization, assets, and purp…
Consider professional advice before setting up your business in UAE
Investors increasingly see the United Arab Emirates (UAE) as a crucial part of their global operations as a thriving center for international trade. The UAE is a well-known top location for multinational corporations to locate their regional headquarters and serve the fast-growing markets in the Middle East, Africa, and South Asia. Additionally, it is the […]