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Important Amendments to UAE Economic Substance Regulations

Important Amendments to UAE Economic Substance Regulations

Important Amendments to UAE Economic Substance Regulations  Background   On 10 August 2020, the UAE Cabinet of Ministers issued Cabinet Resolution No. 57 of 2020 (the “amended ES Regulations”) which replaces the original ES Regulations, along with updated...

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Dubai Future Foundation- Plans for Entrepreneurs

Dubai Future Foundation- Plans for Entrepreneurs

Dubai Future Foundation- Plans for EntrepreneursCovid has globally changed the way world operates. Businesses have faced lots of challenges and it has changed the way people conduct business. Adaptability is the only solution be it personal or professional. UAE has...

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VAT Obligations for Freelancers

VAT Obligations for Freelancers

VAT Obligations for Freelancers  Operating as a freelancer in the UAE has become much easier during the last few years. The UAE has introduced several initiatives to allow individuals to commercially operate with a range of business license options that reduce...

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