by Danissa Guotana | Apr 28, 2023 | Accounting, Business
The Dubai real estate sector saw real estate transactions worth AED10.9bn ($2.96bn) this week, according to figures released by the Dubai Land Department (DLD). A total of 2,049 transactions were made in the week ending Friday, April 28. The DLD report said that 172...
by Danissa Guotana | Apr 26, 2023 | Business, Corporate Tax
Article 1 – Definitions The words and expressions contained in this Decision shall have the same meaning assigned against each in the Federal Decree-Law No. 47 of 2022 referred to above, unless the context otherwise requires. Article 2 – Conditions for Change in Tax...
by Danissa Guotana | Apr 24, 2023 | Business, Corporate Tax
The tax exemption is aimed at designed to reflect these entities’ important role in the country, which often includes religious, charitable, scientific, educational or cultural value. The UAE said to qualify for the exemption, eligible entities must meet the...
by Danissa Guotana | Apr 19, 2023 | Uncategorized
The UAE economy has seen remarkable growth in the past 17 years ever since His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, took the reins of the government – with the real GDP more than doubling...
by Danissa Guotana | Apr 17, 2023 | Business
Dubai: The Securities and Commodities Authority announced the start of receiving applications for licencing companies wishing to provide virtual asset services, on Sunday, following the approval of the authority’s Board of Directors on the decision to regulate...
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