Corporate Tax Self Registration is a procedure for qualifying companies to register for corporate tax in the UAE through the EmaraTax portal. The Corporate Tax Registration process seeks to assist businesses in registering for corporate tax in the UAE seamlessly and efficiently. The applicant can be either a natural person or a legal person (for … Read more
The Federal Tax Authority (FTA) has recently released a Basic Tax Information Bulletin that provides corporate tax-related guidelines for natural persons in the UAE. The bulletin is designed to make the tax system more understandable and answer frequently asked questions regarding tax obligations, helping taxable individuals navigate the UAE’s corporate tax system seamlessly. Who are … Read more
Free zone establishments, otherwise known as free zone companies (FZEs) are a significant factor in the UAE economy. Establishing an FZE helps foreign investors to fully own a business in the UAE. However, depending on business requirements, the owner of an FZE may be required to transfer the shares of the company to another person … Read more
An Employment Contract Amendment is a legal change in an existing employment contract. This can include modifications to the various provisions of the contract such as the salary structure of the employees, their responsibilities, working hours, remunerations, and any other conditions of employment. Such changes must be recorded in writing and signed by both the … Read more
The United Arab Emirates (UAE) boasts one of the best business ecosystems and investors through its Web of free zones and designated areas. Some of the advantages of carrying out a business in a free zone include; full ownership by foreigners, full and free transfer of capital and profits, and exemption from paying taxes. This … Read more
The landscape of Dubai offers a conducive environment for all the entrepreneurs who aspire to make a mark in the ever-expanding AI sector with innovative and diverse AI technologies. Dubai’s tech-friendly ecosystem, characterized by supportive government initiatives and state-of-the-art infrastructure, makes it an attractive destination for Artificial Intelligence companies looking for opportunities to thrive. A … Read more