by PREMA Team | May 23, 2024 | Uncategorized
Companies doing businesses in free zones in the UAE need to meet certain criteria to be eligible for zero per cent corporate income tax on their activities and become a qualifying free zone person (QFZP), according to the latest guide issued by the Federal Tax...
by PREMA Team | May 9, 2024 | Uncategorized
Bitcoin’s last 24 hours have been productive, with the cryptocurrency climbing back above $63,000 on the charts. As expected, most of the market’s altcoins followed suit, with their charts seeing green as well. However, the latter’s performances fueled a fall in...
by PREMA Team | May 2, 2024 | Uncategorized
The UAE Central Bank has decided to keep its base rate applicable to the Overnight Deposit Facility (ODF) unchanged at 5.40 percent. This move comes after the US Federal Reserve opted to leave interest rates unchanged in its latest monetary policy decision....
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...
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