The United Arab Emirates (UAE) boasts one of the best business ecosystems and investors through its Web of free zones and designated areas. Some of the advantages of carrying out a business in a free zone include; full ownership by foreigners, full and free transfer of capital and profits, and exemption from paying taxes. This … Read more
The landscape of Dubai offers a conducive environment for all the entrepreneurs who aspire to make a mark in the ever-expanding AI sector with innovative and diverse AI technologies. Dubai’s tech-friendly ecosystem, characterized by supportive government initiatives and state-of-the-art infrastructure, makes it an attractive destination for Artificial Intelligence companies looking for opportunities to thrive. A … Read more
The legal regulation of issuing clarifications in the UAE has now got its legal framework with the issuance of Decision No. 5/2024 by the FTA. These Clarifications are official documents that offer rulings regarding certain transactions from the perspective of tax legislation, which assists businesses and people in dealing with the intricacies of distinguished tax … Read more
To enhance benefits for employees and employers in the private sector of UAE, the government of the United Arab Emirates has approved a new voluntary form of program known as the Alternative EOSB Scheme. This article will give fundamental knowledge of the new Alternative EOSB Scheme and how it is different from the end-of-service gratuity … Read more
The labor laws of the UAE have clearly stated how end-of-service benefits are to be calculated, as they are a form of severance granted to employees upon the termination of their employment contract. This article will help you understand the basics of gratuity calculation in the UAE, keeping both employers and employees up to date … Read more
Dubai’s business landscape offers an attractive destination for investors seeking to establish a mark in UAE’s ever-growing financial sector and business-friendly ecosystem. Dubai’s strategic location enhances its appeal to foreign investors and entrepreneurs, providing them access to the global market. This creates demand for asset management companies in Dubai because new businesses often seek professional … Read more