Under the UAE Corporate Tax Law, a resident person refers to any individual or entity that meets the residency criteria stipulated therein. This article provides an in-depth analysis of Article 3 of the UAE Corporate Tax Law, which outlines the requirements for residency, with a particular focus on the parent company and its subsidiaries. Article … Read more
Auditing your cash flow and accounts receivable is an essential step in maintaining the financial health and compliance of your business with UAE laws. As the UAE moves towards greater financial transparency and stricter regulations, particularly with regard to financial reporting rules and anti-money laundering regulations, it becomes increasingly important to have an excellent audit … Read more
With the increasing growth of companies and changing business rules, maintaining financial records that are clear and correct has become very important in the United Arab Emirates (UAE). A financial statement audit is not just a legal requirement but also a smart way to build trust with banks, investors, and government authorities. Whether your company … Read more
The difference between a logo and a trademark should be well understood when discussing branding and intellectual property rights in the United Arab Emirates. Although the two terms are greatly used interchangeably, they are two diverse concepts with varied legal implications. Through this post, we try to look at the key differences between logos and … Read more
Artificial intelligence (AI) is a new game changer for almost all businesses in the UAE. In banking, healthcare, real estate, and transport, AI is helping businesses make better decisions and faster processes while analyzing future trends. As the UAE moves forward with digital transformation, the use of AI across most sectors is also increasing. But … Read more
The Pension and Social Security Contributions scheme is a significant initiative by the government of the United Arab Emirates (UAE). It is managed by the General Pension and Social Security Authority (GPSSA) under the new Federal Decree Law No. 57 of 2023 on Pension and Social Security. The new law aims to enhance the flexibility of the … Read more