by Danissa Guotana | Apr 14, 2023 | Business
Just three months into 2023, Dubai’s red hot property market has net new records for transaction volumes as the global buyers and investors continue throng to the glitzy city. In the year to date to March 2023, the total transaction volume reached 29,323, which...
by Danissa Guotana | Apr 12, 2023 | Business
Dubai’s Roads and Transport Authority (RTA) will team up with the Dubai Multi Commodities Centre (DMCC) to support digital companies and organisations operating in the private and commercial transport sector. The two have signed a memorandum of understanding (MoU) for...
by Danissa Guotana | Apr 11, 2023 | Corporate Tax, Other Tax
ABU DHABI – The Ministry of Finance has issued Ministerial Decision No. 43 of 2023 on the exception from tax registration for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (Corporate Tax Law). The decision is...
by Danissa Guotana | Apr 6, 2023 | Business
The UAE has announced a fine of up to AED1m and a five-year jail term for collecting money without a licence to do so. UAE Public Prosecution took to social media to highlight the penalty for unlicensed collection of money. According to Article No. 41 of the...
by Danissa Guotana | Apr 5, 2023 | Business
Abu Dhabi has launched a new fund aimed at further increasing corporate events and incentive travel in the emirate, as the UAE capital seeks to expand business tourism. The fund will leverage public-private partnerships to boost business-to-business events,...
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