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Understanding Transfer Pricing
- 21.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
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The introduction of transfer pricing regulations in the UAE highlights the need for companies to ensure transactions between entities are conducted at arm’s length, aiming for transparency and compliance in international business operations.
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UAE: DIFC on the rise
- 21.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The Dubai International Financial Centre (DIFC) has reported a 15% increase in job creation and a 26% year-on-year increase in active companies, with revenues and operating profits rising by 23% and 27%, respectively.
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UAE Launches Online Legislation Platform to Boost Legal Transparency
- 12.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The United Arab Emirates has launched a comprehensive online platform providing access to its legal documents since 1971, reflecting its commitment to legal transparency and inclusivity.
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UAE: Salaries Anticipated Growth, Skill Demands, and High-Paying Roles
- 12.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE job market in 2024 is set to experience a 4.5% increase in average salaries, with a significant demand for skills in management, leadership, and technology, highlighting the need for professionals to adapt to evolving market dynamics.
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UAE: Supreme Court Bans Compound Interest in Financial Transactions
- 09.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE Federal Supreme Court has banned compound interest in financial transactions, shifting towards simpler interest models and benefiting borrowers.
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UAE Emerges as a Global Investment Magnet According to UNCTAD Report
- 09.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE has seen a significant 28% increase in new foreign investment projects in 2023, solidifying its status as a global investment hub.
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UAE: Applying for a Loan – Important Considerations
- 28.01.2024
- Posted by: Uwe Hohmann
- Category: Dubai
The UAE’s Central Bank emphasizes the importance of understanding loan agreements, providing 14 key questions to guide individuals. It’s crucial for borrowers to be informed about terms, interest rates, and potential financial implications to make diligent decisions.
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UAE: Employment Termination Amidst Restructuring
- 28.01.2024
- Posted by: Uwe Hohmann
- Category: Dubai
In the UAE, terminating employment during company restructuring requires adherence to strict labor laws, and unilateral decisions without valid reasons may lead to legal liabilities.
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UAE: Business Closure – A Guide for Entrepreneurs
- 28.01.2024
- Posted by: Uwe Hohmann
- Category: Dubai
Closing a business in the UAE involves a meticulous process, requiring careful attention to legal and administrative steps. Mainland and free zone businesses have distinct closure procedures, each with unique requirements for license cancellation, employee and utility management.
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Dubai: Exploring Real Estate Shifts in 2024
- 21.01.2024
- Posted by: Uwe Hohmann
- Category: Dubai
Dubai’s real estate market is set for transformation in 2024, with a resurging apartment sector, villa market growth, and significant infrastructural developments influencing investment dynamics.
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31 Oct 2025 DubaiUAE Central Bank Reduces Interest Rates
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31 Oct 2025 Company SetupUAE-EU Relations Strengthen
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31 Oct 2025 DubaiJAFZA and DIFC Launch Dual-Zone Framework
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24 Oct 2025 DubaiUAE Trademark Fees: What Business Owners Need to Know About the New Structure
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24 Oct 2025 DubaiIMF Projects Strong Economic Growth for Abu Dhabi and Dubai in 2025