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New Proposed DIFC Family Arrangement Regulations and Amendments to the Leasing Regulations for Consultation

The FWC and the proposed regulations will provide a regulatory framework and hub for global and regional family-owned businesses, ultra-high net worth individuals and private wealth. Amendments to the Leasing Regulations are also proposed in a separate consultation paper, to provide clarification in respect of certain fines. The proposed amendments will facilitate the administration and […]

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New Personal Status Federal Law For Non-Muslims In UAE

The provisions of the Decree-Law apply to non-Muslim foreigners residing in the country unless someone adheres to the application of his country’s law. Moreover, non-Muslim foreigners may agree to implement other legislation on family or personal status in force in the UAE instead of the provisions of this Decree-Law. The Decree-Law provisions regulate the marriage

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New 9% UAE Corporate Tax For Profits Over AED 375,000/-, Beginning 1 June 2023

The UAE’s Corporate Tax regime will levy a standard rate of 9 percent for taxable profits exceeding Dh375,000. Profits up to and including that threshold will be taxed at 0 percent rate to support small businesses and start-ups. Corporate tax will not be applied to salaries or other personal income from employment, whether it is

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New Procedures to Support DIFC Digital Companies Engaged in Commercial Transport Sector

RTA will be responsible for regulating and issuing no-objection certificates to companies engaged in commercial transport or leasing activities in Dubai through the website of the Authority or through smart applications or websites used by these companies. DIFC will be legally authorised to issue the licences to companies and institutions operating within the Centre. The

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New Incentives to Support and Develop the Industrial Sector in UAE

The law aims to be a key enabler for the industrial sector, increase its investment attractiveness, and encourage local and foreign investment in industrial activities, in coordination with federal and local authorities. The new law will become effective as of January 2023 and will be applied to all industrial activities in the country, including free,

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‘Offer and Deposit’ Service – How you can deposit your rent at Dubai Land Department in case of disagreement with landlord?

Dubai: If your landlord has increased your rent beyond the range permitted in the rental index, you can object to the move by filing an ‘Offer and Deposit’ motion with Dubai Land Department (DLD). According to DLD, the tenant can deposit the rent as per the previous rental contract through DLD, by filing the ‘offer

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Employees in the UAE should no longer worry about losing their jobs!

The new insurance scheme aims to provide protection for employees in the private sector and the UAE’s federal government by providing them with cash compensation for a limited period not exceeding three months for each claim in the event of job termination for reasons beyond their control. It also creates a safety net that supports

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Unprecedented Major Reform for UAE Residence Visa Regulations, to Apply as of 3rd October 2022!

Tourists shall be entitled to a multiple-entries 5 years tourist visa with maximum 90 days stay. Golden visa shall not be cancelled for those residing outside the UAE. Those who have a cancelled visa shall have 60 days grace period for renewal instead of 30 days. A 5-year green visa shall be granted to skilled

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UAE: MASK FREE Except for 3 Public Areas

Masks are no longer mandatory in schools, malls, restaurants, supermarkets or any other public places. The National Emergency Crisis and Disaster Management Authority (NCEMA) advised to continue wearing masks for the vulnerable categories of residents and tourists which includes the elderly, those with chronic diseases, and people of determination. Airlines have been given the option

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