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Dubai shows signs of growth as businesses resumes to its normal state
- January 20, 2021
- Posted by: Aswani
- Category: News
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Dubai has been showing signs of improvement, amidst all the havoc the pandemic has created. The IHS Markit Dubai Purchasing Manager’s Index survey report shows that the non-oil economy
DMCC Attracts 2,025 New Companies Amidst the Pandemic
- January 6, 2021
- Posted by: Aswani
- Category: News
As the pandemic took the world by storm and left the countries in great distress, the UAE government had brought in many incentives to support businesses of all kinds.
UAE ESR Compliance Deadline Extended
- January 4, 2021
- Posted by: Aswani
- Category: News
The UAE businesses are all set to comply with the Economic Substance Regulations (ESR). Initially the deadline to submit the ESR notification and report was December 31st, 2020 and now this has been extended to January 31st, 2021.
UAE remains buoyant to the global pandemic: World Economic Forum Report
- December 28, 2020
- Posted by: Aswani
- Category: Blog
UAE stands tall as the leading country that is resilient to the pandemic, with its stable policies, high Information, and Communication Technology (ICT) adoption, and strong financial
FDI law and Free Zones in UAE
- December 13, 2020
- Posted by: Aswani
- Category: News
The UAE government recently came up with an amendment to the Commercial Companies Law by allowing 100% ownership to mainland businesses in UAE.
The positive impact of Commercial Companies Law Amendment
- December 10, 2020
- Posted by: Aswani
- Category: News
The recent amendment to the Commercial Companies Law in the UAE is expected to have a positive influence on foreign and domestic investments….
100% Ownership for Foreigners while Starting Business on UAE mainland
- November 28, 2020
- Posted by: Aswani
- Category: News
UAE has approved the FDI law, allowing foreign investors to have 100% business ownership on the mainland, without the support of a local sponsor.
A special Court for Money Laundering and Tax Evasion Crimes in UAE
- November 18, 2020
- Posted by: Aswani
- Category: News
The resolution to set up the court was issued by Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of the Abu Dhabi Judicial Department (ADJD) recently.
Saudi Arabia exempts VAT on property deals and sets a new tax at 5%
- October 28, 2020
- Posted by: Aswani
- Category: News
Saudi Arabia has exempted VAT for real estate transactions which was 15% and sets a new tax at 5% on property deals. The Saudi finance minister tweeted that the Royal Order….
UAE economy aims for 3.1% growth in 2021: IIF
- October 21, 2020
- Posted by: Aswani
- Category: Blog
The UAE has planned to bring in a strong economic growth rate of 3.1% in 2021 following a 5.7% decline in its gross domestic product this year, as per the forecast of Institute of International Finance (IIF).
