Helping you stay current with the latest industry updates..
ESR Compliance Deadline Extended till January 31st
The ESR compliance deadline in UAE has been extended for a month to January 31st, 2021. The extension is a great relief to businesses as they had a rough time
Saudi Arabia increases their minimum wage for National Staff
Saudi Arabia has decided to increase the minimum wage of employees from 3000 riyals to 4000 riyals.
UAE allows 100% ownership for foreign nationals
The much-awaited law pertaining to 100% ownership for foreign nationals while starting a business in UAE
FTA will now issue Tax Residency Certificate in UAE
Tax residency and commercial activities certificates will now be issued via the Federal Tax Authority and not the Ministry of Finance.
UAE Golden Visa: New categories included
The UAE recently announced that it will grant the 10-year golden visa to all PhD holders, physicians, engineers in the fields of computer engineering
UAE Amends Personal and Family Laws
UAE is home to different nationalities and have people with different cultures residing here. Considering the wide cultural mix, the government of UAE has brought in relaxations to its Islamic...
Dubai announces new stimulus package of AED 500 million
Dubai has come up with yet another economic stimulus package to support the economy and people. The new package amounts to AED 500 million
Oman to announce 5% VAT from April
Oman has been facing severe economic crisis even before the spread of the COVID-19 pandemic and the fall of the crude oil prices.
Oman sets minimum wage for Omani National
Oman has decided to set the minimum wage of all Omani national employees to 325 Omani riyals, irrespective of their educational qualification.
Dubai Announces its Third Stimulus Package
Dubai has announced a third stimulus package worth Dh1.5 billion to support the economy at the time of Covid-19. Sheikh Hamdan stated that
Economic Substance Regulations Deadline UAE
The United Arab Emirates Cabinet has issued the Cabinet of Ministers Resolution No.31 of 2019 and it requires all in-scope UAE entities to maintain an economic substance.
Get in touch
Whatever your question our team will point you in the right directionStart the conversation