by PREMA Team | Feb 16, 2024 | Other Tax, VAT
The UAE is not planning to introduce any changes in its corporate tax structure this year. Neither will it implement an income tax nor raise the value added tax (VAT), Younis Haji Al Khouri, Undersecretary of the Ministry of Finance, told Zawya. “We have...
by PREMA Team | Feb 9, 2024 | AML
The Central Bank of the UAE (CBUAE) has revoked the licence of Smart and Secure Insurance Agent (Smart and Secure), an insurance agent operating in the UAE, and struck its name off the Register, pursuant to Article 20 of the Resolution No. 08 of 2011 concerning the...
by PREMA Team | Feb 9, 2024 | Uncategorized
The UAE first introduced a bankruptcy law in 2016 to address rising insolvency cases in the business environment Managers and directors of struggling businesses in the UAE will face expanded personal liability under key amendments to the country’s bankruptcy...
by PREMA Team | Feb 5, 2024 | Corporate Tax
The UAE plans to keep the rate of a announced last year unchanged for the foreseeable future as companies in the Arab world’s second-largest economy prepare to enter the new tax regime, the undersecretary of the Ministry of Finance has said. “The rate is agreed and...
by PREMA Team | Jan 30, 2024 | Business
The UAE continued its domination in terms of initial public listing proceeds in the GCC in 2023, accounting for almost 56.3 per cent of the region’s total issuance proceeds. The UAE repeated its stellar performance as a regional IPO hotspot by raking in around $6.07...
Recent Comments