On November 23, 2020, the UAE Commercial Companies Law (the “CCL”) announced its decision to allow 100% ownership for foreign investors in UAE. This new
Accounting is an essential aspect of any business, and trading businesses are no exception. All organisations require accounting because dealing with numbers is not an
Dubai, one of the most popular and fastest-growing cities in the United Arab Emirates (UAE), is a hub of international trade and commerce. Due to
The United Arab Emirates (UAE) is a land of great economic opportunities and has a high potential for sustained growth. With its strategic location between
The Ministry of Finance in the UAE recently issued a decision regarding the determination of tax residency for individuals residing in the Emirates. The ministry
Apart from the incredible skyscrapers, golden beaches, and countless tourist destinations to explore, UAE has one of the most liberal tax policies in the world.
Thanks to the implementation of new economic reforms by the UAE government, businesses in the country are slowly but surely realigning themselves to comply with
Companies in the UAE will soon be subject to a new compliance requirement as they would be required to attest import invoices with a value
The World Bank ranks UAE as one of the friendliest countries in the world to set up and conduct business. There is no denying that
In order to ensure that business operations run smoothly across the country, the UAE government implemented restrictions in 2015. In the UAE, business owners must