Campaign to comply with ‘ultimate beneficiary’ rules
UAE’s Ministry of Economy unveils campaign for companies to comply with ‘ultimate beneficiary’ rules
Dubai achieves major progress in business enhancement initiatives
Dubai has achieved a 61 per cent reduction in government procedures for doing business, surpassing its 30 per cent target.
How to process and avail the 10-Year UAE Golden Visa Program
Golden Visa Procedure in Dubai A number of legal and immigration reforms have occurred in the UAE in recent weeks, all of which will have a significant impact on daily life in the country. The UAE’s golden visa scheme, which provides expatriate employees in select fields with a 10-year resident visa, is one of them. […]
How to check the financial health of your company?
Financial Analysis can be understood as the examination and analysis of all the financial records of the company. All the transactions of the company are recorded which are later scrutinized to understand the financial condition of the business.
UAE reviews progress on anti-money laundering strategy
Committee welcomes decision to regulate digital currencies to further mitigate money laundering risks.
New travel rules for citizens of UAE that will return to the country
As of Wednesday, October 27, the National Emergency Crisis and Disasters Management Authority (NCEMA) and the General Civil Aviation Authority (GCAA) have adjusted the travel protocol for UAE citizens visiting countries on the travel limitation list. Citizens returning from such countries must present a valid negative Covid-19 PCR test result with a QR code for […]
Strict adherence to ESR requirements necessary
Companies across the UAE need to stay updated and comply with the UAE’s Economic Substance Regulations (ESR). Failure to comply with such regulations will lead them to incur heavy fines, as per the experts.
Teenagers in the UAE are now eligible to work
The UAE government announced teen work permits earlier this month, allowing children aged 15 and older to get part-time jobs.
Types of Power of Attorney in the UAE
Given the fast-moving environment, power of attorney has become one of the most used documents relied upon by businesses as well as individuals to meet their day-to-day needs. Here are 4 things you need to know about it.
UAE Central Bank issues new Anti – Money Laundering guidelines
UAE Central Bank issues new Anti-Money Laundering guidelines Real estate brokers, dealers in precious metals and stones, lawyers and notaries, trust and company service providers and other independent legal professionals and accountants to register with the relevant anti-money laundering system to avoid revocation of licenses earlier this year. Licensed financial institutions have been urged to […]
