TME Services

  • UAE: Abu Dhabi’s Investments and Business Opportunities for Economic Growth

    • 25.12.2023
    • Posted by: Uwe Hohmann
    • Categories: Tax, Dubai
    No Comments

    The recent approval of an AED 65 billion budget for 142 new capital projects in Abu Dhabi, covering sectors from technology to healthcare, creates a wealth of opportunities for local and international businesses.

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  • UAE Corporate Tax Law: Updates on Free Zone Regulations

    • 21.12.2023
    • Posted by: Uwe Hohmann
    • Categories: Tax, Dubai
    No Comments

    The UAE’s latest legislative changes bring important updates to Free Zone rules under the Corporate Tax law, particularly affecting the financial services sector.

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  • UAE: Understanding Loan Recovery from End-of-Service Gratuity

    • 18.12.2023
    • Posted by: Uwe Hohmann
    • Category: Dubai
    No Comments

    The dynamics of loan repayment and employment termination under UAE Labor Law introduce complexities, especially in recovering outstanding amounts from end-of-service gratuity.

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  • UAE: Understanding Maintenance and Repair Responsibilities in Dubai Leases

    • 18.12.2023
    • Posted by: Uwe Hohmann
    • Category: Dubai
    No Comments

    Dubai’s Lease Law outlines distinct responsibilities for landlords and tenants regarding property maintenance, repairs, and conditions for subleasing.

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  • UAE: New Bankruptcy and Financial Restructuring Legislation

    • 14.12.2023
    • Posted by: Uwe Hohmann
    • Category: Dubai
    No Comments

    Federal Law Decree No. (51) of 2023 introduces comprehensive reforms in UAE’s bankruptcy and financial restructuring laws, offering enhanced definitions, flexible settlement mechanisms, and expanded roles for bankruptcy units and committees.

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  • Updates on the UAE Labor Dispute Resolution Process

    • 13.12.2023
    • Posted by: Uwe Hohmann
    • Category: Dubai
    No Comments

    The UAE’s Federal Decree-Law No. 20 of 2023, effective 01.01.2024, enhances MOHRE’s role in labor disputes, granting it legal authority to adjudicate and enforce decisions for cases below AED 50,000.

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  • Employment Law in the UAE: Understanding Federal Decree Law No. (20) of 2023

    • 11.12.2023
    • Posted by: Uwe Hohmann
    • Category: Dubai
    No Comments

    As we approach the end of 2023, we revisit the transformative impact of the UAE’s Federal Decree Law No. (20) of 2023, which significantly revised employment dispute resolution and regulatory processes.

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  • Foreign Source Income Taxation in the UAE

    • 06.12.2023
    • Posted by: Uwe Hohmann
    • Categories: Tax, Dubai
    No Comments

    Corporate Tax Guide on Taxation of Foreign Source Income from the Federal Tax Authority includes critical measures for businesses and individuals with cross-border activities, detailing tax liabilities and exemptions.

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  • Emiratisation Updates 2024 – What Medium-Size Businesses Must Know

    • 05.12.2023
    • Posted by: Uwe Hohmann
    • Category: Dubai
    No Comments

    The UAE government is intensifying its Emiratisation efforts, requiring private companies with 20 to 49 employees to hire UAE nationals, with substantial fines for non-compliance.

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  • Important Tax Considerations for Entrepreneurs With Commercial Ties in the UAE

    • 04.12.2023
    • Posted by: Uwe Hohmann
    • Categories: Tax, Dubai
    No Comments

    Entrepreneurs in the UAE must navigate unique corporate tax rates, sector-specific incentives, and stringent compliance and reporting requirements to ensure their business thrives.

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