by Mansour Sokrab | Sep 5, 2021 | Tax & Compliance
About Dubai International Finance Centre A leading international financial hub in the Middle East, Africa and South Asia (MEASA) region. DIFC is home to a diverse range of financial services institutions. The internationally acknowledged independent regulator’s...
by Adel Farouk | Aug 25, 2021 | Tax & Compliance
Do you want to apply for a business license in the United Arab Emirates? You may acquire one for as little as Dh1,000. Low-Cost Business Set-up in UAE Yes, that’s correct. The UAE’s free zones have implemented some of the most aggressive pricing plans to attract...
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...