Under the UAE Corporate Tax Law, a Qualifying Free Zone Person (QFZP) can benefit from a 0% corporate tax rate on qualifying income. However, this benefit is conditional: a QFZP must ensure its non-qualifying income does not exceed the prescribed de-minimis threshold. Exceeding this limit will result in losing QFZP status and being taxed at […]
Qualifying Income for Qualifying Free Zone Person Read More »
In response to evolving international tax standards and the UAE’s commitment to combating tax avoidance and base erosion, the Corporate Tax Law introduced the requirement for Free Zone Persons (FZPs) to maintain adequate substance within the UAE. This new obligation ensures that businesses benefiting from the attractive Free Zone tax regime demonstrate a genuine economic
Adequate Substance for Qualifying Free Zone Person Read More »
The UAE Corporate Tax (CT) Law, introduced by Federal Decree-Law No. 47 of 2022 and effective from 1 June 2023, establishes a comprehensive legal framework for taxing business profits in the country. It reinforces the UAE’s commitment to transparency and sustainable economic growth, applying to all businesses operating in the UAE and supporting the nation’s
Understanding UAE Corporate Tax and the Role of Free Zones Read More »
Over the past two years, buyers in Dubai have ridden one of the most dynamic real estate surges in the world. Property prices have soared nearly 75% since early 2021, while total transaction volumes skyrocketed, 2024 alone recorded 180,987 deals worth AED 522 billion, up 36.5% year-on-year. Villas, luxury apartments, and prime waterfront units have
When Can You Cancel a Property Purchase Agreement in Dubai? Read More »
As a Dubai resident, especially if you’re an expatriate, having a valid will is essential. The UAE’s legal system is unique—it blends Civil Law with Sharia principles, which means that without a Will, your estate might not be distributed the way you intend. Here’s what you need to know: What a Will Secures for You?
Why every Dubai Resident needs a Will Read More »
In a clear sign of growing trust in the Dubai legal system, the DIFC Courts Wills Service registered 922 wills during the first half of 2025—a 14% increase compared to the same period in 2024. This uptick reflects an increasing number of residents, especially non-Muslim expatriates, opting to secure their family and asset succession plans
The UAE Federal Tax Authority (FTA) is offering a limited-time waiver of late registration penalties under the new Corporate Tax Law — but businesses must act before the grace period ends. Who Can Benefit Taxable persons must submit their Corporate Tax registration and first return within 7 months from the end of their first tax
Reminder: Corporate Tax Fine Waiver – Limited-Time Opportunity Read More »
Introduction In a significant step toward strengthening public health protection, the Government of Dubai has enacted Law No. (5) of 2025 on Public Health. The law was issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. It establishes a comprehensive legal framework
Dubai Issues New Public Health Law (Law No. (5) of 2025) Read More »
Landmark Decision for Property Investors in Dubai: Cancellation of Booking Form, Refund of 10% Deposit and Payment of Compensation Background & Facts On 15 February 2024, our client executed a booking form with a prominent Dubai-based developer for the reservation of a real estate unit. In accordance with the terms, our client paid a total
Investor Victory: Dubai Court Cancels Booking Form, Orders Full Refund and Compensation Read More »
Overview In a landmark legal development, the United Arab Emirates has enacted its first comprehensive media regulation law in over four decades, signalling a paradigm shift in the way the country regulates traditional and digital media. The Media Regulation Law and its accompanying Executive Regulations, announced at a press conference held by the UAE Media
