Latest insights, case studies and news from across the network
UAE Unemployment Insurance Scheme
The Ministry of Human Resources and Emiratization (MoHRE) announced the launch of the ‘Unemployment Insurance Scheme’ for government and private sector employees, on October 11, 2022.
DMCC Wage Protection System (WPS)
DMCC has informed on the implementation of WPS system for salary payment. All Companies are informed to pay their employees’ salary through WPS system Effective from February 15 ,2023.
Energy Tariff Incentive Program (ETIP)
The Energy Tariff Incentive Program 2.0 (ETIP) is the latest version of the Electric Tariff Incentive Program 1.0 (ETIP). This program includes
Top 5 Reasons Why Financial Due Diligence is Essential for Successful Buyouts
Financial due diligence is a critical step in any business transaction, especially for a buyout, as it helps the buyer to understand the financial health and performance of the target...
New Visa Rules for Sponsoring Family Members in UAE
Good news has been released for expats in the UAE regarding visa regulations and clarifications by Ali Mohammad Al Shamsi, Chairman of the Federal Authority
HLB Monthly Insights
Monthly Tax insights and updates – February 2023
The month of February brings a new wave of tax and compliance updates that businesses need to be aware of. From the news on GCC regions to updates in compliance...
Five suggestions to get productive answers from ChatGPT
Since it was launched last November, Chat GPT has quickly become popular among professionals for its ease of use and ability to complete projects in a matter of days.
Why should a proper Logistics ERP be used instead of spreadsheets like MS Excel?
Don’t we all love or hate Microsoft Excel? Every one of us has found the tool useful at some point in our careers. Although I have never used Excel to...
Company Registration in UAE
UAE is one of the most popular business locations in the world, and company formation there is a very reliable, regulated, and effective international trade option.
Offshore company setup JAFZA: Everything you need to know
In terms of operations, an offshore firm differs significantly from a free zone corporation. An offshore corporation is a legal business organization formed to operate outside
Dubai Virtual Assets Regulatory Authority (VARA) Rolls Out Regulations for Virtual Assets and Related Activities
Dubai, known for its innovative approach to technology, has recently released the Virtual Assets and Related Activities Regulations 2023 (VARA 2023),
HLB HAMT Bags two Prestigious awards at the SME TECH INNOVATION AWARDS 2023
The UAE’s SME sector is thriving and significantly boosts the economy of the nation. The SME Tech Innovation Conference & Awards
HLB Monthly Insights
Monthly Tax insights and updates – January 2023
The wait is over; the tax authority has officially started corporate tax registration for a certain type UAE-based corporation. HLB HAMT presents the January edition of tax insights from our...
The Major Influences of the Revised Social Security Law on Qatar's Pension System
Addressing pensions and retirement for Qatari nationals, the state of Qatar has unveiled its new retirement pension scheme and released a social security law.
Cybersecurity - What is the auditor's role?
Cybersecurity risks are continuously evolving in the current world; therefore, the auditor must continuously evaluate the potential
Contract Assets and Contract Liabilities
IFRS 15 “Revenue from Contract with customers” is a complex standard at least for few industry sectors like, those entities primarily in contracts
UAE Announces Guidelines for determining Tax Residency
The Cabinet Resolution No. (85) of 2022 on determining tax residence was recently announced by the Federal Tax Authority of the UAE, which will be put into operation on March...
Best 5 benefits for business setup in Dubai Media City Free Zone
Dubai Media City is a leading free zone dedicated to promoting the UAE’s media and advertising sectors. Business Setup in Dubai Media City
Top Factors for Business Setup in Dubai Silicon OASIS
Dubai Silicon Oasis (DSO) is a completely government-owned free zone in Dubai established in 2004. Being considered the only technology park that offers opportunities for people to live,
Transfer Pricing Leader | Jayakrishnan & Girish Nair | TP Podcasts UAE - Ep 01
In this episode” Meet our Global Transfer Pricing Leader – Part 01″ features our experts Mr. Jayakrishnan (Tax & Compliance Partner) and
The UAE revises the minimum age for starting a business
As per the UAE’s updated Commercial Transaction Law, which is now in effect, it is legal for a resident of the country or any person of sound mind
Offshore Company Formation UAE
The United Arab Emirates has opened its doors to business for people to set up offshore companies there. HLB HAMT Business Setup consultants can help you register an offshore company...
HLB Monthly Insights
Monthly Tax insights and updates – December 2022
Described as a historic step in the UAE’s tax history, the introduction of the corporate tax law is one of the leading hot topics for the month of December.
Top 10 benefits of an offshore company set up in RAK
The UAE is one of the world’s most popular business locations. Entrepreneurs put their sights on the country’s Mainland, Free Zone, and Offshore areas to establish their businesses.
Sharjah Airport International Free Zone (SAIF)
The Sharjah Airport International Free Zone (SAIF) is one of the free zones in UAE that fashioned business development in the non-oil industry in a broad manner.
Top 6 things you need to know about trade licenses in Dubai
One of the first stages in realizing your ambition of starting a business in the world’s most renowned economic metropolis is to obtain a trade license in Dubai.
Business Setup in DAFZA Freezone
Dubai has emerged as an ultimate haven for all kinds of businesses. Business setup in a DAFZA free zone is considered lucrative for investors
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