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News

Dubai “Jaywalking” Rules

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. 

Second Salary Program Unveiled In the UAE for its Residents

UAE-based National Bonds, a Dubai government savings and investment company, has launched a Sharia-compliant savings scheme that allows clients to invest a minimum of 1,000 AED (272 USD) per month for at least three years and receive an income at the end of it.

Family Groups Eligible for 5-Year Tourist Visas in the UAE

The new 5-year multiple-entry tourist visa introduced by the UAE nowallows family groups to apply for visa together without the need for separate visa applications for each family member.

New UAE Corporate Tax knocks on door

The UAE Government has issued Federal Decree Law of 47 of 2022 on taxation of corporations and businesses in December 2022 which will be effective from 1st June 2023.

UAE Job Loss Insurance Scheme

The United Arab Emirates (UAE) Unemployment Insurance Scheme was launched in January 2023. The scheme is aimed at supporting individuals 3-months after losing their job to provide a cushion while finding a new job.

DUQE (Dubai Queen Elizabeth) Free zone (Series 4 of 10)

Uniquely situated aboard the Queen Elizabeth II,DUQE is like no other free zone in Dubai. It is a free zone that offers businesses a range of facilities and services and aims to be the home of next generation of game changers, innovators and disruptors.

International Free Zone Authority (IFZA)(Series 3 of 10)

International Free Zone Authority (IFZA) is one of the leading free zones in Dubai. It is one of the most dynamic and fastest-growing free zones in the UAE.

Dubai Multi Commodities Centre (DMCC) (Series 2 of 10)

Dubai Multi Commodities Centre (DMCC) was established in 2002 and quickly has become one of the world’s largest and fastest-growing commodity trading hubs.

Overview of the UAE Free zones (Series 1 of 10)

The UAE has more than 40 free zones, each catering to specific industries such as finance, commodities, logistics, media, healthcare, technology, R&D etc.

New UAE tax residency rules

The UAE government has issued on 2 September 2022 the Cabinet Resolution No. (85) of 2022, thus establishing for the first time a legal definition of a UAE tax resident. It will come into force on 1 March 2023.