In Dubai, tenants are increasingly reporting evictions under the pretext of “family use”. While the law does allow landlords to reclaim property for personal or family occupation, it sets out strict conditions that must be followed. Unfortunately, some landlords misuse this provision, only to re-rent the property at a higher price once the tenant has […]
Evicted on False Grounds? What Dubai Tenants Need to Know Read More »
Why this matters now? Many UAE entities — particularly offshore companies in JAFZA, RAKICC, and other free zones — may have acquired foreign subsidiaries, entered multi-layered ownership structures, or restructured shareholding without formal, attested shareholder resolutions. With the UAE Corporate Tax Law (No. 47 of 2022), UBO disclosure requirements (Cabinet Resolution No. 58 of 2020),
Background: From Flexibility to Compliance Prior to the recent and significant shifts in legislation, many UAE companies were established under a more flexible regulatory environment with minimal compliance requirements and no Corporate Tax (CT) obligations. During that period, it was common for businesses to register broad, generic, or even unrelated activities in their Memorandum of
With over 9 million residents, the UAE is home to one of the most active rental markets in the region. A significant portion of residents are tenants, and for many property owners — from large investors to individual landlords — rental income forms a vital part of their financial stability. Recognizing the importance of this
What to Do If a Tenant Stops Paying Rent in the UAE Read More »
The UAE’s property market is booming, fuelled by rising rents, an influx of newcomers, and growing demand for housing. For landlords, this creates an opportunity to secure higher returns. Unfortunately, some attempts to achieve this by exploiting the law, issuing eviction notices under claims such as “family use” or “major refurbishment” when, in reality, the
Understanding your Rights as a Tenant in the UAE Read More »
Attention Line In its official notice, the FTA urges businesses to file their Corporate Tax returns early through EmaraTax, helping them avoid last-minute issues, prevent technical delays, and reduce the risk of penalties. Early submission also provides businesses with valuable time to review and correct their returns if needed.
Crypto-like trading platforms and digital investment schemes have rapidly proliferated, outperforming traditional markets in appeal—yet many operate in a legal void. This unregulated landscape lacks stability and confidence, and it’s this very gap that scammers exploit. Without clear licensing requirements or enforcement mechanisms—especially outside regulated zones—fraudulent platforms prey on UAE investors seeking high returns. Many
Introduction — Unregulated Territory Meets Investor Ambition Read More »
Legal Reference: Under the UAE Corporate Tax Law (Federal Decree-Law No. 47 of 2022) and Cabinet Decision No. 55 of 2023, a Qualifying Free Zone Person (QFZP) must ensure that non-qualifying income does not exceed the de-minimis threshold of 5% of total revenue or AED 5 million, whichever is lower, during a tax period. Why
Under the UAE Corporate Tax Law and relevant Free Zone regulations, a Qualifying Free Zone Person (QFZP) is required to prepare annual financial statements audited in accordance with International Financial Reporting Standards (IFRS). Why is this Important? Audited financial statements provide transparency and ensure that the company’s financial position and performance are accurately reported. This
Audited Financial Statements for Qualifying Free Zone Person Read More »
Under Articles 34 and 55 of the UAE Corporate Tax Law, entities must comply with the arm’s length principle for transactions with related parties and connected persons. This means prices and terms must be consistent with those that would have been agreed between independent parties in similar circumstances. Why is this Important? Proper transfer pricing
Transfer Pricing Compliance for Qualifying Free Zone Person Read More »
