In a major relief for businesses, the United Arab Emirates’ Federal Tax Authority (FTA) has started implementing a new Cabinet Decision to waive administrative penalties for companies that failed to register for corporate tax on time—provided they meet certain conditions. This move is designed to support voluntary compliance and simplify the country’s evolving tax system.…
Dubai Multi Commodities Centre (DMCC), the UAE’s premier free zone and global trade hub, has introduced two new license categories—Special Purpose Vehicle (SPV) and Holding Company licenses—designed to provide businesses with more agile and cost-effective structuring options. Announced on May 5, 2025, the new offerings enable investors and companies to manage assets, oversee regional operations,…
In a landmark move to ease the financial burden on businesses, the UAE Ministry of Finance (MoF) and the Federal Tax Authority (FTA) have announced the waiver of administrative fines for companies that failed to register for corporate tax on time. This temporary relief is part of a broader initiative to support smooth onboarding during…
Dubai’s security industry runs on strict regulations, and the SIRA license is at the core of it. Anyone offering security services like guards, consultants, or surveillance companies—must have SIRA approval. It ensures professionals meet government standards and follow proper safety protocols. Beyond legal compliance, a SIRA license builds trust. It shows clients and employers that you’re…
In a move to enhance legal awareness and compliance among businesses operating in the UAE, Dubai Chambers has successfully wrapped up a comprehensive round of eight focused workshops that tackled crucial regulatory themes shaping today’s business climate. With more than 260 representatives from the private sector in attendance, the sessions delivered actionable guidance across corporate…
The UAE government has introduced a comprehensive set of regulatory changes aimed at refining the legal profession and consultancy sector. The updated framework establishes clearer guidelines for legal operations, governance, and international collaboration, ensuring higher transparency and efficiency across the industry. Major Legal Reforms and Key Updates The newly enacted regulations provide a structured approach…