New Law For Dubai Government Entities To Set Up Companies

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, said the continuous development of the emirate’s legislative framework is crucial to the achievement of Dubai’s strategic objectives. The enhancement of the legal framework is a vital element in enhancing the growth prospects of various sectors, […]

The Role Emirati Women Can (And Should) Play In The UAE’s Digital Transformation Strategy

In the UAE and across the globe, digital transformation is a strategic policy imperative. The creation of smart government services, of artificial intelligence solutions, of cutting-edge data analytics and performance, and the enabling of future technologies is at the forefront of many government’s economic priorities. You will not be surprised to read that I agree. […]

Sheikh Mohammed Outlines New Law For Family-owned Businesses In Dubai

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued a new law to regulate family-owned businesses in Dubai. The law pertains to matters of tenure of ownership, wealth distribution, and the role of government entities in the formation of family-owned enterprises. The newly issued […]

VAT In The UAE: The Process, Calculations And Exemptions Explained

Dubai: Value Added Tax (VAT) was introduced in the UAE from January 1, 2018. If you are new to the UAE and unaware about the type of tax it is, how you would get affected by it and whether you can receive a refund on VAT, read on to find out all you need to […]

The 3 Magic Words HR Needs To Solve Employee Issues

The COVID-19 pandemic is a continuous challenge for employers and employees, making it more important for organizations to design innovative and effective HR programs that will foster communication, while engaging and educating employees. What employees need now more than ever is to know their employer is there for them. As such Ashley Cader, vice president […]

HOW TO AVOID PENALTIES

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures.[2] A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour […]

TAX Procedures in UAE

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures.[2] A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour […]