The UAE government confirmed on Monday that it has introduced amendments to the country’s corporate and business tax law to clarify how corporate tax is calculated and settled when tax credits, incentives, or reliefs are involved. The update was issued through a new decree-law on December 15, according to official statements reported by local media.…
In Dubai, a Power of Attorney (POA) isn’t just a legal form; it’s a practical tool that allows someone to act on your behalf when you can’t be physically present. Whether you’re authorizing someone to sell a property, manage a business, or represent you in court, the right POA can streamline processes and ensure that…
The UAE Ministry of Finance has announced a new Cabinet Resolution outlining administrative fines for businesses that fail to meet the requirements of the country’s Electronic Invoicing System. The resolution applies to entities covered under Ministerial Decision No. 243 of 2025, while companies using the system voluntarily will not face penalties until compliance becomes compulsory.…
The UAE Ministry of Finance has confirmed a new amendment to the country’s tax procedures law, with changes set to take effect on 1 January 2026. The update is issued under Federal Decree-Law No. (17) of 2025, introducing clearer rules for refunds, audits, and taxpayer rights. The ministry said the step aims to make tax…
Getting a vending machine license in Dubai is simpler than most looking to start expect. While the business setup involves government approvals and paperwork, understanding the exact steps helps navigate efficiently. Whether planning to place vending machines in malls, metro stations, or offices, obtaining proper vending machine permit is your foundation. The Department of Economic…
Forex trading involves buying and selling global currencies in the world’s largest financial market, with $9.6 trillion traded daily in 2025. The UAE has become a premier hub for forex trading, offering forex traders and companies a strategic location, zero taxes, and robust regulation. To legally start a forex trading business in Dubai, you need…