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UAE Latest Tax Updates and Newsletters

  • UAE’s First Mega Casino Wynn Resorts RAK is Coming Soon

    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 is expected to attract millions of visitors to the Emirate…

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  • UAE VAT Executive Regulations

    UAE VAT Executive Regulations

    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…

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  • RAK ICC – Corporate Tax Registration

    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 registration of RAK ICC companies…

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  • UAE National Strategy for Anti-Money Laundering

    UAE National Strategy for Anti-Money Laundering

    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…

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  • UAE Tax Residence

    UAE Tax Residence

    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…

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