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
The legal law that regulates the taxation of foreign banks in the Emirate of Ajman is the Ajman Law no 3 issued on 13th June 2024. The purpose of this law shall be to improve the transparency and fairness of the tax system for the development of the regional economy. This article will discuss the … Read more
The legal regulation of issuing clarifications in the UAE has now got its legal framework with the issuance of Decision No. 5/2024 by the FTA. These Clarifications are official documents that offer rulings regarding certain transactions from the perspective of tax legislation, which assists businesses and people in dealing with the intricacies of distinguished tax … Read more
To enhance benefits for employees and employers in the private sector of UAE, the government of the United Arab Emirates has approved a new voluntary form of program known as the Alternative EOSB Scheme. This article will give fundamental knowledge of the new Alternative EOSB Scheme and how it is different from the end-of-service gratuity … Read more
Registration of a company name is one of the important preliminary steps an entrepreneur has to undertake before establishing a business in Dubai. The city offers a friendly business climate, combined with its strategic location and highly developed infrastructure, making it one of the prime business hubs. One has to follow some guidelines and steps … Read more
The labor laws of the UAE have clearly stated how end-of-service benefits are to be calculated, as they are a form of severance granted to employees upon the termination of their employment contract. This article will help you understand the basics of gratuity calculation in the UAE, keeping both employers and employees up to date … Read more
