by Danissa Guotana | Mar 20, 2024 | Uncategorized
The UAE has launched a public consultation on tax rules in the country. The UAE Ministry of Finance (MoF) has announced the launch of a digital public consultation to gather the views of relevant stakeholders on the implementation of the Global Minimum Tax (GMT) or...
by Danissa Guotana | Mar 14, 2024 | Business
In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Decree No. (13) of 2024 on the Unified Digital Platform for establishing companies in Dubai. The Decree forms part of...
by Danissa Guotana | Mar 13, 2024 | Business
As many as 15,481 new Indian-owned companies became members in 2023, marking a year-over-year (YoY) increase of 38 per cent. Pakistan ranked second, with the chamber welcoming 8,036 new Pakistani businesses last year – a remarkable growth rate of 71.2 per cent...
by Danissa Guotana | Mar 8, 2024 | Business, Other Tax
Dubai has announced a new tax to be levied on foreign banks in the city. In his capacity as the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (1) of 2024 on taxation of foreign banks. The Law...
by Danissa Guotana | Feb 16, 2024 | Business
UAE Golden visa rule changes will bring a diverse pool of investors to the Dubai real estate sector, according to analysis by Springfield Properties. In a bid to foster greater investor participation in the real estate sector and deepen ties with residents, the...
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