Latest News

Launch of Smart Travel System at Dubai International Airport

With a reputation for being one of the top destinations in the world, Dubai has officially launched the ‘Smart Travel’ system on Monday, 22nd of February. Through artificial intelligence and utilization of latest biometric technology, a combination of iris and facial recognition, the Smart Travel system enables passengers to travel without the need for identification […]

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FTA Sets Deadline 31 December 2022 to Apply for Re-determination of Administrative Penalties on Taxes

Eligible taxpayers can apply to have their penalties re-determined to be worth 30 % of the total outstanding amount of penalties that were not paid before 28 June 2021, the FTA said in a statement on Sunday. These taxpayers must ensure they meet the conditions set out in the UAE Cabinet’s decision on re-determining administrative

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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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