2021 and the world is evolving, landlines are becoming obsolete and video calling is the main use of communication today. For some widely used aps however, the UAE has installed blocks making it impossible to use without the use of a VPN. Did you know that the use of VPN is legal in the UAE, […]
Is it Legal To Use a VPN in the UAE for Internet Calling? Read More »
The UAE’s Emirates ID is an identity card issued by Federal Authority for Identity and Citizenship (ICA), and is a legal requirement for all UAE citizens and residents. The ICA is to be launching an electronic version of the ID which will be available via the UAEs Smart app which will be as valid as
Electronic Emirates ID to be Issued Read More »
Safia Al-Safi, the director of the Anti-Money Laundering Department at the UAE Ministry of Economy, in an interview with CNBC Arabia, said fines would be levied on companies that do not disclose the identity of their real owners, effective of July 1st, which is to apply companies except for government-owned corporations or publicly traded entities.
UAE Firms Must Disclose Ultimate Owners by Next Month or Be Subject to Fines Read More »
As of May 20th drivers who pass their test in the UAE can now exchange their licence for a British one without the need to repeat their driving test if they move to the UK. After a detailed analysis by the UK’s Driver and Vehicle Licensing Agency (DVLA), British officials said they were satisfied that
UAE Driving License Can Now Be Exchanged for UK Ones without Retesting Read More »
UAE Ministry of Economy announced that the amended Commercial Companies Law will come into effect on June 1st, 2021, Foreigners opening a company in the United Arab Emirates will no longer need an Emirati shareholder or agent effective of June 1 This decision has been long-anticipated and will have a major effect the countries global
UAE Allows 100% Foreign Business Ownership from June 1 Read More »
His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (8) of 2021, according to Law, the Chief Executive Officer is appointed by a resolution issued by the Chairman of The Executive Council of Dubai. The Law also specifies the financial benefits, performance indicators and holidays for Chief Executive Officers and the procedures for
A New Law: Appointment and Benefits of CEO’s in Dubai Read More »
The UAE Ministry, in a continuing attempt to go Digital, adopts blockchain technology for its legal notary services. The digital transformation of notary services will enable customers to complete transactions using their digital ID (UAE PASS), whether they are inside or outside the UAE. Implementing these modern systems will provide fast, easy and safe digital
Blockchain to Be Used for Notary Services Read More »
A new regulation was posted to the Official Gazette from the Central Bank on March 31st 2021 and now come in to effect on April 30th 2021 outlining, precautionary requirements and behavior for specialized banks. The Central Bank stated that banks and financial institutions would be held responsible for bearing the cost of compensation for
The world is in a ‘digital era’. This has been further confirmed by the latest announcement of, the UAE’s first independent digital bank, ‘Zand’. In a recent statement by Mohamed Alabbar, the Chairman of Zand, he stated: “As the first fully independent digital bank in the country, with a full UAE banking license, Zand will
UAE Launches First Digital Bank Read More »
While remote working is now construed as the new normal, the desktop revolution comes with its own challenges to building new and successful work environments and structures. A key aspect that has not been often addressed is the tax implications of remote working and the complexities around it. Historically, physical presence is what drove tax
The Remote Working Revolution and its Tax Implications Read More »
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