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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
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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: Uwe Hohmann
- Categories: Tax, Dubai
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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UAE: New E-Commerce Law Overview
- 25.12.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
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.
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UAE: Abu Dhabi’s Investments and Business Opportunities for Economic Growth
- 25.12.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
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.
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KSA: New Transfer Pricing Guidelines for Zakat Payers
- 25.12.2023
- Posted by: Uwe Hohmann
- Category: Tax
The Zakat, Tax, and Customs Authority of Saudi Arabia has issued guidelines for Zakat payers, focusing on treating related-party transactions and aligning with the amended Transfer Pricing Bylaws effective from 01.01.2024.
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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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UAE: Understanding Loan Recovery from End-of-Service Gratuity
- 18.12.2023
- Posted by: Uwe Hohmann
- Category: Dubai
The dynamics of loan repayment and employment termination under UAE Labor Law introduce complexities, especially in recovering outstanding amounts from end-of-service gratuity.
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UAE: Understanding Maintenance and Repair Responsibilities in Dubai Leases
- 18.12.2023
- Posted by: Uwe Hohmann
- Category: Dubai
Dubai’s Lease Law outlines distinct responsibilities for landlords and tenants regarding property maintenance, repairs, and conditions for subleasing.
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UAE: New Bankruptcy and Financial Restructuring Legislation
- 14.12.2023
- Posted by: Uwe Hohmann
- Category: Dubai
Federal Law Decree No. (51) of 2023 introduces comprehensive reforms in UAE’s bankruptcy and financial restructuring laws, offering enhanced definitions, flexible settlement mechanisms, and expanded roles for bankruptcy units and committees.
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Updates on the UAE Labor Dispute Resolution Process
- 13.12.2023
- Posted by: Uwe Hohmann
- Category: Dubai
The UAE’s Federal Decree-Law No. 20 of 2023, effective 01.01.2024, enhances MOHRE’s role in labor disputes, granting it legal authority to adjudicate and enforce decisions for cases below AED 50,000.
