by Danissa Guotana | Apr 18, 2024 | Uncategorized
Dubai’s virtual assets regulator is seeking ways to lower the cost for small crypto firms. “There’s a number of things that I’m looking at the moment in order to try and make the regime and the regulation fit for everybody,” Matthew White, CEO of Dubai’s Virtual...
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 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 | Jan 25, 2024 | Uncategorized
Dubai’s Virtual Assets Regulatory Authority (VARA) has solidified its position as a global leader in the virtual assets industry, according to its recently released annual report. In 2023, VARA focused on establishing Dubai as a responsible hub for regulated...
by Danissa Guotana | Jan 11, 2024 | Uncategorized
Abu Dhabi: The Ministry of Finance announced the issuance of Federal Decree-Law No. 11 of 2023 on Federal Government Procurement, which sets the general framework for the procurement of products and services in the UAE’s government. The law, based on advanced and...
by PREMA Team | Dec 29, 2023 | Uncategorized
Saudi Arabia said on Tuesday it will offer tax incentives for foreign companies that locate their regional headquarters in the kingdom, including a 30-year exemption for corporate income tax. The world’s top oil exporter announced in February 2021 plans to cease...
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