by Mansour Sokrab | Aug 18, 2021 | Tax & Compliance
Is it necessary for DMCC companies to conduct audits? Yes, Auditing is mandatory for all Dubai Multi Commodity Centre (DMCC) Member Companies. In accordance with DMCC Company regulations, an auditor possesses to be appointed by every DMCC member Companies. Each DMCC...
by Mansour Sokrab | Aug 16, 2021 | Tax & Compliance
UAE labour law: Can I encash unused annual leaves? Question: I work in a firm in Dubai. I have a lot of unused leaves from 2020 and 2021. I hadn’t availed them since I was not able to travel because of the Covid-19 situation. Can I encash these leaves instead...
by Mansour Sokrab | Aug 15, 2021 | Tax & Compliance
About Jebel Ali Free Zone Authority Jebel Ali Free Zone Authority (JAFZA) is one of the oldest free zones within the United Arab Emirates (UAE) catering to the requirements of thousands of the business and supporting UAE’s objectives of attracting foreign investments...
by Adel Farouk | Jun 27, 2021 | Tax & Compliance
Cabinet Decision No. 49 of 2021 ( Administrative Penalties for Violation of Tax Laws in the UAE) In accordance with Cabinet Decision No 49 of 2021 on Amending some Provisions of Cabinet Decision No. 40 of 2017 on the Administrative Penalties for Violation of Tax Laws...
by Adel Farouk | Apr 26, 2021 | Tax & Compliance
Anti-Money Laundering Registration Deadline Extension The Ministry of Economy (MoE) has extended the deadline for GoAML registration to 30/04/2021. Did you know that registering for GoAML and applying Anti-Money Laundering and Combating the Financing of Terrorism...
by Mansour Sokrab | Jan 5, 2021 | Tax & Compliance
Blog Cabinet Resolution No. 58 of 2020 Regulating Beneficial Owner Procedures In Brief: Cabinet Resolution No. (58) of 2020 regulating Beneficial Owner Procedures (the “Resolution”) came into effect on 24 August 2020 and replaced Cabinet Resolution No. 34 of 2020...
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