Latest Insights on Business in U.A.E
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Professional License in Dubai
All you need to know about professional company setup in Dubai. All you need to know about professional license in Dubai.
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The UAE is a Tax Free State – True or Not ?
Income tax in UAE. VAT in UAE. Excise in UAE. Is UAE really Tax Free ?
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Ultimate Beneficial Owner Regulations Explained
Cabinet Resolution No. (58) of 2020 regulating Beneficial Owner Procedures (the “Resolution”) came into effect on 28 August 2020 and replaced Cabinet Resolution No. 34 of 2020 issued earlier this year. The Resolution introduced new requirements for entities to disclose their beneficial owners. The purpose of the regulations is to enhance the transparency of entities registered in the UAE, as well as to combat terrorism financing and targeting the real persons behind money laundering.