Real Estate Activity Report (REAR) submission by real estate brokers and agents and law firms as per Circular Number: 05/2022 issued by the Ministry of Economy (MOE), UAE Ministry of Economy has recently issued a Circular (No. 05/2022 dated 24th June 2022), instructing the real estate brokers and the law firms, to report the specified transactions [...]

Are you planning for a business setup in Dubai? Dubai is a hub for businesses with a variety of zones. DMCC is the most desired Freezone for the business for their company formation as it has great benefits. In DMCC, the company gets 100% ownership, there will be no personal and corporate tax and many[.....]

Background for including under the scope of AML Precious metals and stones form an important part of UAE’s economy. Though they provide valuable and legitimate commodity to the global trading segment, experience shows that these sectors are under high risk of attracting illicit transactions. It is an easy channel to route, conceal or invest illegitimate[.....]

United Arab Emirates has always been a go-to place for businesses across the world, the major attractions being its ease of conducting business and Tax-Free environment. Being a Global Hub of business, UAE is currently directed towards adapting Global Tax Practices still maintaining its charm. The introduction of VAT and Corporate Tax are major steps[.....]