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  • UAE: Employment Termination Amidst Restructuring

    • 28.01.2024
    • Posted by: Derya Bandak
    • Category: Dubai
    No Comments

    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
    No Comments

    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
    No Comments

    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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  • Ensuring Job Description Consistency in the UAE: Aligning Job Designation on Offer Letters, Emirates ID, and Visas

    • 21.01.2024
    • Posted by: Derya Bandak
    • Category: Dubai
    No Comments

    Employers in the UAE must maintain consistency in job designations across crucial documents such as offer letters, residence visas, and Emirates IDs, ensuring compliance with regulations set by the Ministry of Human Resources and Emiratisation (MoHRE).

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  • Dubai’s Real Estate Market Off to a Strong Start in 2024

    • 15.01.2024
    • Posted by: Derya Bandak
    • Category: Dubai
    No Comments

    Dubai’s real estate sector kicked off 2024 with a strong start, reporting 1,721 property deals worth AED 5.8 billion in the first week, indicating a robust and potentially successful year ahead.

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  • UAE Corporate Tax Law: An In-Depth Look Into Tax Groups

    • 14.01.2024
    • Posted by: Omar Sami
    • Categories: Dubai, Tax
    No Comments

    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: Dubai, Tax
    No Comments

    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: Dubai, Tax
    No Comments

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

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  • UAE’s Barakah Plant Completes Final Reactor, Advancing Energy Diversification Goals

    • 02.01.2024
    • Posted by: Derya Bandak
    • Categories: Dubai, Tax
    No Comments

    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

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  • UAE: Professional Development for Natural Person Tax Agents

    • 02.01.2024
    • Posted by: Omar Sami
    • Categories: Dubai, Tax
    No Comments

    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

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