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.

The corporate tax framework in the UAE has significant implications for non-residents engaged in business activities.

The Federal Authority for Nuclear Regulation has granted an operating license for the final reactor of the Barakah Nuclear Power Plant, marking a significant step towards the UAE’s 2050 Net Zero Goals

The Federal Tax Authority’s Decision No. 15 of 2023 introduced new guidelines for professional development, mandating a minimum of 20 hours of Structured Continuous Professional Development annually for natural person tax agents

The UAE’s Federal Decree-Law No. 14 of 2023, known as the E-Commerce Law, introduces comprehensive regulations for digital transactions, emphasizing consumer rights and data protection.

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.

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