From October 1, 2017 the new Excise Tax law of the UAE was introduced. Certain goods which are harmful for human consumption or environment are selected for imposing Excise Tax. Carbonated drinks, energy drinks, and tobacco are selected; and excise tax for carbonated drinks shall be at the rate of fifty (50) percent, and for […]
What Do You Know About the New Excise Tax in the UAE? Read More »
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 »
The UAE’s Attorney General has warned that legal action, including a possible jail sentence, will be taken against anyone showing sympathy to Qatar. Counselor Dr Hamad Saif Al Shamsi told Al Bayan today that the UAE will take action against anyone who seeks to threaten the stability of the UAE by showing support for Qatar’s
Legal Action Against Anyone Showing Sympathy to Qatar Read More »
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 »
It was announced by Dubai Healthcare Authority (DHA) that predated sick leave of three consecutive days or more will no longer be issued. This means that sick leave can only be granted to patients on the day they actually visit medical facilities and not on previous days. It has been reported that DHA has urged
Predated Sick Leave Cancelled by Dubai Healthcare Authority Read More »
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 »
In a bid to protect residents who are interested in buying properties overseas, as quoted by Mr. Ali Abdullah Al Ali, director of the Real Estate Licensing Department at the Dubai Real Estate Regulatory Agency (RERA). Brokers will have to meet four conditions that include: getting a marketing permit from the online Trakheesi system; submitting
Stricter Rules for Marketing Broker Overseas Read More »
Dubai Land Department (DLD) has announced the launch of its Unified Lease Form. It comprises provisions outlining the roles and responsibilities of the contracting parties. According to DLD, the aim of this new standard agreement is to regulate relationships between landlords and tenants. It contains many references to the real estate law pertaining to tenancy
Launch of the Unified Lease Form by DLD Read More »
H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of Abu Dhabi Judicial Department has issued a resolution deciding the set up of a Personal Status and Inheritance Court for non-Muslims in Abu Dhabi. The aim is to ensure prompt justice and strengthen the culture of tolerance. Sheikha
Personal Status and Inheritance Court for Non-Muslims in Abu Dhabi Read More »
The Jebel Ali Free Zone Authority (JAFZA) has announced on Tuesday, 10th January that it has issued a new set of guidelines for the Jebel Ali Free Zone Companies Implementing Regulations 2016 that enables foreign companies to transfer and continue operations in the free zone without the need to open a branch or establish a
More Flexibility for International Investors in JAFZA Read More »
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