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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: Uwe Hohmann
- Category: Dubai
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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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Saudi Arabia Expands Premium Residency Permit Categories to Attract Global Talent
- 21.01.2024
- Posted by: Uwe Hohmann
- Category: Uncategorized
Saudi Arabia broadens its Premium Residency Permit scheme with five new categories to attract foreign investment and high-caliber talent in various fields.
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BRICS Welcomes the Middle East
- 16.01.2024
- Posted by: Uwe Hohmann
- Category: Middle East
The UAE and KSA are already well-known as economic leaders in their region – joining BRICS could open new doors, offering fresh opportunities for trade and investment on a global stage.
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Dubai’s Real Estate Market Off to a Strong Start in 2024
- 15.01.2024
- Posted by: Uwe Hohmann
- Category: Dubai
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: 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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ZATCA Extends Fines and Penalties Exemption to June 2024
- 08.01.2024
- Posted by: Uwe Hohmann
- Category: Uncategorized
ZATCA’s initiative for ‘Cancellation of Fines and Exemption of Penalties’ has been extended to 30.06.2024, offering financial relief to businesses.
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KSA: Public Investment Fund (PIF) Emerges as Leading Global Investor in 2023
- 08.01.2024
- Posted by: Uwe Hohmann
- Category: Uncategorized
Saudi Arabia’s Public Investment Fund (PIF) has emerged as the top investor among its peers in 2023, with a 33% increase in investments over 2022, investing USD 31.6 billion across 49 deals.
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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’s Barakah Plant Completes Final Reactor, Advancing Energy Diversification Goals
- 02.01.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
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
