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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
No CommentsThe 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: 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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UAE Corporate Tax Law: An In-Depth Look Into Tax Groups
- 14.01.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
In the UAE, Tax Groups enable businesses to streamline tax compliance by consolidating financial results and filing a single tax return, enhancing efficiency and cohesion in tax reporting.
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UAE Corporate Tax: Key Rules for Unincorporated Partnership Registration and Profit Sharing
- 08.01.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
The UAE Corporate Tax Law mandates unincorporated partnerships to appoint an ‘Authorized Partner’ for tax obligations, offering an option to be treated as a Taxable Person under certain conditions.
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Taxation of non-residents with UAE-based business
- 02.01.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
The corporate tax framework in the UAE has significant implications for non-residents engaged in business activities.
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UAE Corporate Tax Law: Updates on Free Zone Regulations
- 21.12.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
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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Important Tax Considerations for Entrepreneurs With Commercial Ties in the UAE
- 04.12.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
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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Corporate Tax Exemptions in the UAE: Article 10
- 30.11.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
The UAE’s Corporate Tax exemption framework, outlined in Article 10 of the CT General Guide, specifies various entities eligible for exemption, underlining the nation’s commitment to fostering economic growth and social welfare.
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TME Services and TME Legal Consultants at the ETL GLOBAL Conference 2023 in Berlin
- 09.11.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
The ETL GLOBAL Conference 2023, held in Berlin, focused on “Managing the Professional Service Firm” and offered a platform for sharing knowledge on the global legal and tax landscape, with TME Services presenting insights into the GCC market.
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Navigating Intra-Group Loans – Transfer Pricing Rule in the UAE
- 04.11.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
Navigating intra-group loans in the UAE requires understanding transfer pricing rules, ensuring arm’s length pricing, analyzing credit ratings, considering the benefits of group affiliation, and benchmarking against third-party loans to achieve compliance under the Corporate Tax Regime.