UAE and Oman multinational firms’ tax liabilities will be affected by World Tax Reforms
UAE and Oman multinational firms’ tax liabilities will be affected by World Tax Reforms According to KPMG, the recent agreement among 130 countries and jurisdictions to reform international tax rules will have tax implications for multinational companies operating in the UAE and Oman. The UAE and Oman are among the 130 countries that have agreed […]
How to get your e-Emirates ID? UAE upgrades its National Identity Documents
How to get your e-Emirates ID? UAE upgrades its National Identity Documents As per the ICA’s instructions, you can download your EID directly on your smartphone. Save it on your mobile handset and you always have your E-copy at your fingertips. You might visit the link of ICA Services and fill in your details and […]
Penalties for failure to submit UBO data begins on July 1
Penalties for failure to submit UBO data begins on July 1 The United Arab Emirates Cabinet has issued a Cabinet Resolution no (58) of 2020 in relation to Ultimate beneficial Ownership on 28 August 2020. This resolution is applicable to all entities that are registered in the UAE mainland and free zones The UBO is […]
Doctors Alerts on taking Pfizer booster shots after Sinopharm Vaccine
Doctors Alerts on taking Pfizer booster shots after Sinopharm Vaccine Medical experts warn that fully vaccinated community members should not insist on receiving more than one dose of the Covid booster vaccine since this could result in concerns. Residents of the United Arab Emirates who have received both doses of the Sinopharm vaccination are eligible […]
Inmates at a thriving organic farm in Dubai improved their gardening skills
Inmates at a Thriving Organic Farm in Dubai improved their gardening skills Dubai on the making of existing prison life as environmentally conscious and beneficial; incorporating initiatives such as working to build greener places and training prisoners on planting hydroponic farming technology is helping them create purpose-driven lives, productively shaping the experience of prisoners and […]
Abu Dhabi recognized as the top region for liveability
Abu Dhabi recognized as the top region for liveability COVID 19 pandemic has been a global challenge for countries across the world. Lessons to be learned and acted upon to protect our mental, physical well-being, we need to recognize the importance of how the green space matters, the role of gardens, the easy access of […]
Ministry of Economy Eyes on Establishements’ AML Compliance
Ministry of Economy Eyes on Establishments’ AML Compliance Ministry of Economy has set up an anti-money laundering department to oversee compliance to local laws and its remit covers companies operating both onshore and within commercial-free zones, it said in a statement. Audit companies in UAE are expected to be involved in a crackdown on money […]
How to Setup a Blockchain and Cryptocurrency Business in Dubai
How to Setup a Blockchain or Cryptocurrency Business in Dubai Setting up a cryptocurrency business in Dubai is not easy. There are many methods and procedures to build a lasting business that allows it to survive the harsh rules and regulations designed for UAE entrepreneurs. Dubai is a land full of opportunities, living in 2021, with […]
FTA enhances and amends new Law for Administrative Tax Violations
FTA enhances and amends new Law for Administrative Tax Violations Abu Dhabi: The Federal Tax Authority confirmed the Cabinet Decision No. 49 of 2021 on reforming various elements of the UAE’s Administrative Penalties for Violation of Tax Laws, is intended to encourage tax registrants and assist them in fulfilling their tax duties, while improving the […]
An Indian Company to give full salaries for employees affected with Covid-19
Indian Company to pay salaries of employees affected with Covid-19 Tata Steel, which is part of the Indian conglomerate Tata Group and had a revenue of Dh389.36 billion in the previous financial year, established social security programs for family members of employees impacted by the Covid-19 pandemic on Sunday (May 23). Tata Steel, a remarkable […]
