admin

Residential Properties to be Exempted From VAT in the UAE

The UAE Ministry of Finance recently released additional information on the VAT mechanism, which will be implemented from 01 January 2018 in the UAE. The Ministry of Finance confirmed that certain financial services, residential services, bare land and local passenger transport will be exempted from VAT. These exempted sectors will be further defined in the

Residential Properties to be Exempted From VAT in the UAE Read More »

Signature of MoU between Central Bank and Abu Dhabi Judicial Department

An MoU was signed between the Central Bank of the UAE and the Abu Dhabi Judicial Department, regarding electronic linkage with local courts, to facilitate execution of judgments, court orders and decisions issued by Abu Dhabi Courts at all levels, including individuals, companies, and financial institutions. The MoU was signed by Central Bank’s Deputy Governor,

Signature of MoU between Central Bank and Abu Dhabi Judicial Department Read More »

New Dubai’s Department of Economic Development Licenses for Social Media Businesses

In an attempt to fight against fake goods sold via social networks, the Business Registration & Licensing (BRL) sector in the Dubai’s Department of Economic Development (DED) has launched ‘e-Trader’. The e-Trader license can be registered under the name of a single owner only and the owner must be an Emirati or GCC citizen aged

New Dubai’s Department of Economic Development Licenses for Social Media Businesses Read More »