Businesses managing the distribution of goods within or through UAE’s designated free zones can soon expect clearer regulations on how corporate tax applies to them. In a move that underscores the country’s ongoing commitment to transparency and a business-friendly environment, the Federal Tax Authority (FTA) will introduce updated guidelines to help these companies better understand…
The United Arab Emirates is taking a bold leap in digital transformation by launching a state-of-the-art biometric identification system that will replace physical Emirates ID cards within the next year. The move, spearheaded by the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP), aims to revolutionize identity verification across essential sectors including banking,…
A significant shift in the UK’s tax landscape is expected in May 2025, prompting an increasing number of high-income earners to consider relocating to jurisdictions with more favorable tax regimes—most notably, the United Arab Emirates (UAE). Key Changes in the UK Tax Policy Starting in May 2025, the UK government will implement a series of…
The Central Bank of the United Arab Emirates (CBUAE) has officially introduced a new symbol for the national currency, the Dirham, in both physical and digital formats. The initiative is aligned with the UAE’s broader digital economy vision and coincides with the country’s recent adoption of the FX Global Code, making it the first central…
In a significant update for travel and diplomatic relations, Pakistani citizens are now eligible for a five-year multiple-entry tourist visa to the United Arab Emirates (UAE). The development was confirmed by UAE Ambassador to Pakistan, Hamad Obaid Ibrahim Salem Al Zaabi, during a meeting with Sindh Governor Kamran Khan Tessori at the Governor’s House in…
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…