PROPERTY OWNERSHIP IN THE UK IS CHANGING. ON THE 1ST AUGUST 2022 THE NEW ECONOMIC CRIME (TRANSPARENCY AND ENFORCEMENT) ACT 2022 CAME INTO EFFECT, AND IT BROUGHT WITH IT A NEW REGISTER OF OVERSEAS ENTITIES (ROE). Introduction: The UK Government is taking steps to ensure that the UK is not being used as a safe haven […]
Author: Ahmed Al Kotby
NEW UAE CORPORATE TAX: THE UAE CT (LAST UPDATED ON 8 FEBRUARY 2022) A few days ago, the UAE Government announced in a short communication that it would implement a Corporate Tax. Here is what we already know. WHERE WILL THE UAE CT BE APPLICABLE? Across all Emirates, as it is a federal tax. As a […]
My employer has denied my annual leave, can I encash it instead?
What the new UAE labour law says about the employee’s right to encash unused leaves Dubai: If you were waiting with anticipation for your month-long vacation this summer, but the plans fell through due to personal or professional reasons, do you have the option to encash the unused leave? The UAE’s Labour Law – Federal […]
A Practical Guide To Navigating International Financial Sanctions Rules In The UAE
As political tensions swell in what is an increasingly unstable global environment, the risks to businesses in the UAE have risen significantly. It is important that firms are aware of the risks posed by this international instability and remain compliant with rapidly evolving regulatory regimes to avoid serious financial and legal implications to their operations, […]
New UAE Corporate Tax: The UAE CT (Last updated on 8 February 2022) A few days ago, the UAE Government announced in a short communication that it would implement a Corporate Tax. Here is what we already know. WHERE WILL THE UAE CT BE APPLICABLE? Across all Emirates, as it is a federal tax. As a […]