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Sharjah announces 20% tax on natural resources companies in new law
Authorities declared on Thursday that Sharjah-based companies operating in both extractive and non-extractive natural resource activities must now pay 20 per cent corporate tax. Extractive companies perform the operations of extracting raw
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Dubai Introduces AI Seal to Certify Trusted AI Companies
Dubai Centre for Artificial Intelligence (DCAI) introduced "Dubai AI Seal" to ensure the credibility of reputed AI (AI) companies and to help turn Dubai into a world AI leader. It has been introduced at the order of His Highness
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New UAE tax: Which companies are covered by a 15% tariff?
Every global company doing business in the UAE will fall under the 15 per cent domestic minimum top-up tax (DMTT) which will be applied from 2025, tax experts add. The DMTT for financial years commencing from 1 January 2025 or after, for
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UAE announces mass Emiratisation Crackdown, Fines on 441 Private Sector Companies
The UAE Ministry of Human Resources and Emiratisation (MoHRE) has fined 441 private sector companies for violating their Emiratisation targets from
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Dh32 Million Online Scam in Dubai: 30-member Gang Jailed for 96 Years, 7 Companies Faces Dh700,000 Fine
A 30-member gang and seven companies have been found guilty of laundering money and embezzling Dh32 million in an online scam targeting individuals
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The Difference Between Mainland And Freezone Companies In The UAE
Every day, we come across one common inquiry by many entrepreneurs who are interested to invest in UAE Market as part of their global expansion:
Read MoreHappier times: Dubai unveils loyalty programme for govt services
Dubai will launch a loyalty programme for government services that will benefit residents, visitors and companies, with the aim of helping the emirate become the happiest city in the world. "The Dubai Loyalty Programme is part of the 10X
Read MoreWorld’s biggest firms foresee $1 trillion climate cost hit
More than 200 of the world’s largest listed companies forecast that climate change could cost them a combined total of almost $1 trillion, with much of the pain due in the next five years, according to a report published on Tuesday. Even so,
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