Latest News

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

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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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New Incentives to Support and Develop the Industrial Sector in UAE

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The law aims to be a key enabler for the industrial sector, increase its investment attractiveness, and encourage local and foreign investment in industrial activities, in coordination with federal and local authorities. The new law will become effective as of January 2023 and will be applied to all industrial activities in the country, including free,

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Employees in the UAE should no longer worry about losing their jobs!

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The new insurance scheme aims to provide protection for employees in the private sector and the UAE’s federal government by providing them with cash compensation for a limited period not exceeding three months for each claim in the event of job termination for reasons beyond their control. It also creates a safety net that supports

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Unprecedented Major Reform for UAE Residence Visa Regulations, to Apply as of 3rd October 2022!

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Tourists shall be entitled to a multiple-entries 5 years tourist visa with maximum 90 days stay. Golden visa shall not be cancelled for those residing outside the UAE. Those who have a cancelled visa shall have 60 days grace period for renewal instead of 30 days. A 5-year green visa shall be granted to skilled

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UAE: MASK FREE Except for 3 Public Areas

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Masks are no longer mandatory in schools, malls, restaurants, supermarkets or any other public places. The National Emergency Crisis and Disaster Management Authority (NCEMA) advised to continue wearing masks for the vulnerable categories of residents and tourists which includes the elderly, those with chronic diseases, and people of determination. Airlines have been given the option

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Beware of Big Ticket Abu Dhabi’s Scammer Account

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The scammer’s page urges Instagram users to ‘send a message immediately and follow the instructions’. The UAE authorities have repeatedly warned the community against interacting with unofficial social media accounts and disclosing personal information online or over the phone, which will then be used by fraudsters to steal money. Nowadays, individuals should be more careful

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Digitisation of RTA Licensing Services

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The mobile eyesight test is operated in a vehicle at a time and place selected by the customer with an additional fee, enabling the instant renewal of the driver’s license. The system enhanced the standards of governance in the car rental business, facilitated the monitoring of operational processes, and elevated the efficiency of inspection and

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New Guidelines for Anti-Money Laundering Issued by CBUAE

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According to the Central Bank, financial institutions are responsible for conducting due diligence on customers, monitoring all transactions processed or conducted through the licensed financial institutions (LFIs) and reporting suspicious transactions to the UAE’s Financial Intelligence Unit to mitigate and manage money laundering and the financing of terrorism risks. The new guidelines issued by the

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Fines Up to 1 million AED to Stop Trademark Infringement

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According to experts, fines have been increased to between Dh100,000 and Dh1 million for forgery or counterfeiting; knowingly using a forged or counterfeit trademark; using in bad faith a trademark owned by another; possession of material for the imitation or counterfeit of a registered trademark; and importing or exporting of counterfeit products. As per the

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New 9% UAE Corporate Tax For Profits Over AED 375,000/-, Beginning 1 June 2023

New Procedures to Support DIFC Digital Companies Engaged in Commercial Transport Sector

New Incentives to Support and Develop the Industrial Sector in UAE

Employees in the UAE should no longer worry about losing their jobs!

Unprecedented Major Reform for UAE Residence Visa Regulations, to Apply as of 3rd October 2022!

UAE: MASK FREE Except for 3 Public Areas

Beware of Big Ticket Abu Dhabi’s Scammer Account

Digitisation of RTA Licensing Services

New Guidelines for Anti-Money Laundering Issued by CBUAE

Fines Up to 1 million AED to Stop Trademark Infringement

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