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...
by PREMA Team | Dec 26, 2023 | Uncategorized
The UAE’s Federal Tax Authority has issued a guide for “natural persons” who generate income in the country or do business, to help them determine whether they are subject to corporate tax. The guide provides a “comprehensive and...
by PREMA Team | Dec 19, 2023 | Uncategorized
The Ministry of Economy has detailed provisions of its new e-commerce law that came into effect in September and is aimed at boosting the investment attractiveness of the Emirates and enhancing its economic competitiveness. The legislation replaces the preceding law...
by PREMA Team | Dec 8, 2023 | Uncategorized
The UAE unveiled a slew of measures to streamline businesses and facilitate services for consumers in the country, in line with the international digital commerce trends. It also announced a new law, adopting a flexible approach to legislation, to emphasise the key...
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