What is the cause of today's property boom in Dubai? While Dubai has been always attractive place to invest in real estates, two factors recently increased that appeal: 1/ successful handling of Covid-19 and 2/ influx of Russians due to the war in Ukraine.
The UAE has introduced new laws with heightened penalties for unlicensed health professionals and facilities. The legislation includes private healthcare facility regulations and also regulations pertaining to veterinary medicine.
UAE residents can now change their visa information online through the official website or smart app of the Federal Authority for Identity and Citizenship, Customs, and Port Security (ICP)
Dubai Emirate is considering the adoption of Common Law within all of its many free zones to enhance their appeal and attract more foreign investment and businesses looking for a familiar legal environment.
Designated Non-Financial Businesses and Professions (DNFBPs) are types of businesses and professions that are not typically associated with the financial sector. It includes real estate agents, dealers in precious metals, lawyers and notaries, auditors, accountants, insolvency firms, tax consultants and corporate service providers.
Emiratisation is a government program launched initially in 2006 by the UAE to raise the representation of Emiratis in the workforce in order to boost their contribution to the national economy.
The Dubai Courts has established its first inheritance department for non-Muslim residents in the UAE. It provides a comprehensive legislative framework for non-Muslim residents to prepare and administer their wills according to their own, home country laws.
The United Arab Emirates (UAE) implemented the Economic Substance Regulations (ESR) in 2019 as a part of their efforts to enhance transparency and align the UAE's tax framework with international standards.
The UAE Ministry of Finance has announced a new cabinet decision in April exempting qualifying public benefit entities from paying corporate tax.
Dubai is without the doubt one of the most dynamic city in the world nowadays. However, one of the more unique aspects of Dubai is its “Jaywalking” rules.
