UAE Company Incorporation and Business News

On 10th June 2025, the European Union announced that the United Arab Emirates, along with seven other countries, has been removed from its list of high-risk jurisdictions for money laundering and terrorist financing. This move highlights the EU’s acknowledgment of the substantial improvements the UAE and the other 7 nations have made in enhancing their […]

UAE’s First Mega Casino Wynn Resorts RAK is Coming Soon Wynn Resorts RAK received its commercial gaming operator license from the General Commercial Gaming Regulatory Authority (GCGRA) on October 4, 2024. The United Arab Emirates’ very first casino resort is being built on Al Marjan Island, Ras Al Khaimah (RAK). The $3.8 billion mega resort

UAE VAT Executive Regulations Introduction Summary of Amendments, Effective 15th November 2024 The Federal Tax Authority (FTA) in the United Arab Emirates has announced Cabinet Decision No. (100) of 2024, which modifies the Executive Regulations of Federal Decree-Law No. (8) of 2017 on Value Added Tax, with effect from 15th November 2024. The purpose of

RAK ICC – Corporate Tax Registration RAK ICC entities have officially been included in the FTA EmaraTax Portal for corporate tax registration. This marks a significant milestone in RAK ICC’s continuous endeavors to simplify procedures and guarantee compliance of RAK ICC entities (both RAK ICC companies and RAK ICC foundations) with the relevant tax laws.

The UAE’s National Strategy to Combat Money Laundering and Terror Financing The UAE’s latest National Strategy against Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT) and Countering Proliferation Financing (CPF) for 2024-27 was announced following approval from the UAE Cabinet on 2nd September 2024, drawing from the most recent National Risk Assessment after employing the methodology

UAE Tax Residence & Certificates of Tax Residence Important Note:  See point 3. below – with only 90 days of UAE presence a year an individual can obtain a UAE tax residence and due official certification of the same. This is a very useful and advantageous provision. It is a must to get a Certificate of

UAE Introduces Corporate Taxation Important Note:  UAE Free Zone Companies will retain their 0% tax status as before for income / transactions arising outside the UAE (Qualifying income). A condition for the 0% tax status, as stipulated by the law, is that the free zone company maintains adequate economic substance as per the UAE Economic Substance Law.

UAE Banking and Other Solutions for the Global Geopolitical and Financial Crisis Introduction – What is This About? This is a short but critically important note with some ideas for using the UAE relating to the planning of your future international cross border funds flows and banking transactions in order to ensure your companies and

A Look at 2021: Five reasons foreign investors will keep on investing in the United Arab Emirates (UAE) In 2021 UAE Offers Unparalleled and Unique Advantages to Investors Compared to Other Jurisdictions As we look ahead to next year (scroll below for the full article), there is increasing evidence that the UAE will most likely see

Bank Accounts – Important Matters Relating to your Cyprus, Malta and UAE Companies This is a short and simple and without technical jargon (so it is clearly and quickly understood, given the complexity of the matter) but very important note to alert you of the urgent actions we strongly recommend you to take in terms