On 31 January 2022, the UAE government announced that it would implement corporate tax at a rate of 9% on all profits above AED 375,000 generated by businesses in the UAE beginning 1 June 2023. Businesses with tax years beginning in January will not have to start paying tax on their revenues generated before 1...
The UAE has introduced a raft of liberal legal reforms as it tries maintaining itself as the regions trade, tourism and financial hub. The state-run news agency WAM announced that the UAE has established the General Commercial Gaming Regulatory Authority (GCGRA), which will be headed by the former Missouri Gaming Commission executive Director, Kevin Mullally....
The United Arab Emirates (UAE) has taken a significant stride towards modernizing its arbitration framework with the introduction of the Federal Law No. 6 of 2018 on Arbitration, also known as the New Arbitration Law. This legislation replaces the outdated and incomplete arbitration provisions of the UAE Civil Procedures Law No. 11 of 1992, aligning...
In a significant move, the United Arab Emirates (UAE) implemented the Federal Decree-Law No. 47 of 2022, commonly known as the “Corporate Tax Law,” on December 9, 2022. Corporate Tax, also known as Corporate Income Tax or Business Profits Tax in various jurisdictions, is a direct tax imposed on the net income generated by corporations...
Frauds and scams have been on the rise in the United Arab Emirates (UAE) in recent times, posing challenges to both local residents and expatriates. Here are some of the common scams currently occurring in the UAE: 1. Investment scams: Scammers exploit the growing investor community by promising high returns in a short period. They...
The United Arab Emirates (UAE) has recently made significant implications and amendments in its personal status law, particularly regarding marriage and divorce applications for non-Muslims. These changes aim to provide a more inclusive and comprehensive legal framework for the diverse population residing in the UAE. These changes aim to uphold personal rights, streamline processes, and...
Introduction Labour laws constitute an important role in safeguarding and guaranteeing employees’ rights and interests in any country. The United Arab Emirates (UAE) has lately implemented significant reforms to its labour policy, with the goal of improving worker rights and creating a more efficient and equitable employment environment. This article examines the previous UAE labour...
Hackers and thieves have stepped up their efforts to take United Arab Emirates (UAE) residents their money through financial scams. The purpose: to steal the victims’ savings by obtaining their bank account numbers, credit or debit cards, and passwords. The “modus operandi” can occur with different malicious programs (malware), such as ransomware. But they can...
Metaverse is seen as the next significant evolution of the internet, moving away from text-based websites towards shared, overlapping 3D worlds in which users interact via avatars. It is used for a variety of purposes, including socializing, events, gaming, commerce, and even work. Dubai, the commercial hub of the United Arab Emirates, has emerged as...
The ignorance of the law on the part of some workers occasionally results in the situations that do not comply with the applicable laws. As per the laws of the United Arab Emirates (UAE), costs of the visa always shall always be borne by the employer, but in certain instances, there have been cases where...
It is very important to take into account what the new laws say before quitting your job during the trial period. The new Labour Law -Decree-Federal Law No. 33 of 2021- and Ministerial Resolution No. 47 of 2022 establish that a worker can face one year of work disqualification if they quit their job during...
El fútbol llega a Qatar, pero las leyes aterrizaron mucho antes