Navigating the UAE’s business landscape? Here’s your guide to the intricate process of finding a local sponsor—a crucial step for foreign entrepreneurs to establish and operate a business in the UAE.
Unlock the power of a holding company in the UAE! Explore a comprehensive guide that covers everything you need to know about the benefits, structure, and regulations surrounding holding companies in this business-friendly nation.
Ejari is a system in the UAE that governs the contract between landlords and tenants. It was first released in 2007 and made mandatory in 2010. The Real Estate Regulatory Agency (RERA) launched this project to control and simplify Dubai’s rental industry, efficiently managing the connection between landlords and tenants.
Company liquidation in Dubai refers to the procedure of winding up a company and ceasing all associated operations. It typically occurs when a company faces financial difficulties and lacks the necessary funds to settle its outstanding debts.
During the liquidation process, the company’s assets are distributed among its shareholders and creditors according to the order of priority in their claims. This process, known as liquidation, is overseen by a liquidator who is appointed by the company’s management.
The Muwafaq Package is a new initiative from the Federal Tax Authority (FTA) that is designed to help small and medium-sized enterprises (SMEs) in the UAE comply with tax laws and regulations.
Are you planning to change your company’s legal name in the UAE? It’s important to know that changing a company’s name requires a legal process and there are certain steps that you need to follow to ensure a smooth transition. In this article, we will guide you through the process of changing your company’s legal name in the UAE.
What is TAX Residency Certificate The Tax Residency Certificate (TRC) is a certificate issued for eligible government entities, companies, and individuals. The document proves that you pay taxes to a certain country and gives you the right to benefit from double taxation avoidance agreements. In the UAE, Federal Tax Authority (FTA) is responsible for issuing the certificate of tax…
Corporate Tax Law The UAE’s new corporate tax law (CT ) will take effect on 1 June 2023 All businesses in the UAE (including Free Zone companies) are required to file tax returns with the Federal Tax Authority (FTA), irrespective of whether they are liable to pay any tax and even if they earn no…
What is Emirates ID? Emirates ID is an identity card issued by the Federal Authority for Identity, Citizenship, Customs and Ports Security-ICP. UAE citizens and residents are legally required to apply for one and carry it with them at all times. Why and Who needs Emirates ID? Emirates ID is mandatory for all UAE citizens…