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CBUAE Issues New AML/CFT Guidelines for the Insurance Industry

New anti-money laundering (AML) and Countering the Financing of Terrorism (CFT) guidelines have been released by the Central Bank of the UAE

26 December 2022

News

The UAE’s Ministry of Finance Launches Corporate Tax Awareness Workshops for Business Communities

Following the publication of the Federal Decree-Law on Taxation of Corporations and Businesses, the Ministry of Finance of the United Arab Emirates has commenced a Corporate Tax Public Awareness workshop.

23 December 2022

News

The United Arab Emirates has issued its first federal "Corporate Tax Law"

His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, has released the federal decree law No. 47 of 2022 on the taxation of corporations and...

9 December 2022

News

The “EMARA TAX” has been launched by the UAE’s Federal Tax Authority

On 05 December, 2022, the Federal Tax Authority (FTA) launched EmaraTax, an unified communication and entirely created digital platform for managing taxes in UAE.

7 December 2022

News

UAE Finance Ministry modifies certain VAT Regulations, beginning January 2023

Modifications to some of the provisions of the federal decree legislation No. 8 of 2017 on value-added tax have been announced by the UAE’s Ministry of Finance (MoF)

31 October 2022

News

Umm Al Quwain (UAQ) has declared the fine cancellation for delayed or revoked business licenses

According to resolution No. 5 for 2022, which was issued by His Highness Sheikh Saud bin Rashid Al Mu’alla, a member of the Supreme Council and the ruler of Umm...

20 October 2022

News

DMCC Plans to Implement Wage Protection System (WPS) for its Entities

Headquartered in Dubai, Dubai Multi Commodities Center (DMCC) is one of the most connected free zones in the world and the leading hub for business and trade in commodities.

20 October 2022

News

UAE New Visa Rules 2022: What do the modifications imply for investors, visitors and job seekers?

UAE has become one of the world’s most well-liked travel destinations for investors, tourists and entrepreneurs due to its attractive visa procedures.

14 October 2022

News

Qatari citizens’ social security contributions to private employers in Qatar to commence in January, 2023

The Qatari government’s recent adoption of a new law discusses the extension of the private sector social security system and an increase in social security contribution rates.

12 October 2022

News

Submission of Audited Financial Statements in Dubai Development Authority (DDA)

As per DDA Private Companies Regulations 2016 circular 421, FZ LLC’s and branch offices are required to prepare and submit their financial Statement and Annual Return each financial year.

30 September 2022

News

UAE unveils new public-private partnership (PPP) law to establish a stable, functioning economy

In an effort to boost the contribution of the private sector to the advancement of the economy, the UAE has declared the introduction of a new public-private partnership (PPP) law.

14 September 2022

News

New UAE Visa Policy Reforms to Roll Out from October 2022

Visas are a hot topic of conversation as the UAE continues to implement new regulations in the aftermath of the COVID-19 outbreak.

19 August 2022

News

The Impact of Transfer Pricing Regulation on Family-owned businesses in UAE

The UAE government is shortly anticipated to unveil its framework for corporate tax policy, which includes transfer pricing regulation too.

16 August 2022

News

UAE introduces additional Real estate transaction reporting rules to prevent money laundering

The UAE has strengthened regulations on real estate industry by recently announcing the reporting rules for real estate transactions as part of

11 August 2022

News

The UAE Central Bank provides guidelines on payment-related risks

As the regulatory framework evolves and becomes more demanding, financial institutions around the world are finding it increasingly difficult to implement…

3 August 2022

News

UAE sets tougher action against businesses that delay Employee wages

To protect employees’ earnings, the Wage Protection System (WPS) in the UAE has been modified by the Ministry of Human Resources and Emiratization (MoHRE).

28 July 2022

News

HLB International wins IAB ‘Network of the Year’ Award

HLB International, the global advisory and accounting network, has recently won the Network of the Year 2022 award at the International Accounting Bulletin Annual Awards.

13 July 2022

HLB Monthly Insights

UAE Tourism Sector Growth

In Q1 of 2022, the UAE’s tourist sector surpassed a significant growth landmark, demonstrating its regional and worldwide strength.

13 June 2022

HLB Monthly Insights

Embracing AI to detect Fraud

Financial organizations across the globe lose 5 per cent, on average, of their annual revenue because of numerous fraudulent activities,

19 May 2022

HLB Monthly Insights

High time for Gulf nations to follow UAE IPO’s

The Gulf Cooperation Council (GCC) nations have created an atmosphere that is favorable to attracting private investment and personal savings to pour into the Gulf economy.

19 May 2022

HLB Monthly Insights

The UAE proposed the ‘Green Visa’ programme 2022

The UAE Cabinet has declared the launch of a new resident visa category, the Green visa, which is one of the most significant improvements to the UAE visa system in...

19 May 2022

News

Unemployed workers in UAE will be Compensated Under New insurance scheme

The UAE cabinet has announced the implementation of an unemployment insurance scheme that would compensate insured workers with a cash

13 May 2022

News

UAE Reforms Its Visa Policy For Both Residents And Visitors

One of the most significant changes to the UAE visa system in years has been adopted by the UAE Cabinet. The new visa system falls under

20 April 2022

HLB Quarterly Insights

The National Olympic Committee of the UAE honored Hisham Al Taher

The National Olympic Committee of the UAE honoured Asian Chess Federation head Sheikh Sultan bin Khalifah Al Nahyan and General Secretary Hisham Al Taher,

18 April 2022

HLB Quarterly Insights

Innovation to Boost Business Leaders’ Confidence at Rapid Pace

The advent of new COVID 19 variations coupled with global economic considerations and inflation have posed challenges to the advancement of the corporate environment.

17 April 2022

HLB Quarterly Insights

HLB Global Expands and Welcomes New Members

As the accounting industry is evolving in this demanding business climate, HLB, the global advisory and accounting network, has prioritized addressing the diverse requirements.

16 April 2022

HLB Quarterly Insights

The new labor law in UAE has been implemented

The UAE has issued Federal Labor Law No. 33 of 2021, which replaces Federal Labor Law No. 8 of 1980. The new law will enter into force on February 2,...

15 April 2022

News

UAE: Best place to start business in 2022

The UAE has topped the list of best countries for entrepreneurs, as per the Global Entrepreneurship Monitor’s (GEM) 2022 report.

13 April 2022

News

Co-operative Societies & Crowdfunding in UAE to be Listed as Per New Law

The UAE cabinet passed a new legislation on cooperative organisations, allowing them to trade on stock exchanges to attract new partners.

26 March 2022

News

UAE to cut service costs for firms under proposed Corporate Tax

With the goal of improving the business climate, strengthening the economy and drawing more foreign direct investment, the UAE’s Ministry of Finance will

25 March 2022

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