Laws and Regulations – Company Formation Services In Dubai

Everything You Need to Know About Tax on Cryptocurrency in Dubai, UAE | Dubai Crypto Tax Guide 2024

September 7, 2024ByadminLaws and RegulationsCorporate Tax, Cryptocurrency Tax, Free Zones, International Crypto Tax Trends\, UAE Crypto Taxes, VAT implications0

The UAE came forth with VAT or Value Added Tax at a standardized tax rate of only 5% in the tax year 2018. This alteration marked a major shift in the place’s tax landscape, having an impact on both businesses as well as consumers. Federal taxes remain pre-set at 0 for companies that are exclusively...

UAE’s New Domestic Worker Law

December 27, 2022ByadminLaws and Regulationsblog, demoestic law of uae, MoHRE, new law of uae, Responsibilities of Domestic Workers in the UAE, Responsibilities of the employer in the UAE, Responsibilities of the UAE Recruitment Agency, UAE’s New Domestic Worker Law0

The UAE’s New Domestic Worker Law : "The Federal Legislative Decree No. 9 of 2022 on domestic workers came into force on December 15, 2022," the Ministry of Human Resources and Emiratization announced Wednesday.

UAE scraps visa residency passport stamps

December 10, 2022ByadminLaws and Regulationsblog0

UAE scraps visa residency passport stamps New rule will be effective from Monday, 12th December, 2022. A new directive has been issued to all the country’s business owners stating that the UAE would discontinue its visa stamp on passport as of Monday, December 12, 2022. “We wish to inform you that as part of the...

Mandatory Emiratisation in UAE: Know the Rules

November 18, 2022ByadminLaws and Regulationsblog0

Beginning January 1, 2023, non-compliant businesses will be subject to a fine of Dh6,000 for each unemployed Emirati. Picture Source: Khaleej Times Emiratisation, or the employment of Emiratis, is one of the UAE government’s key priorities. The UAE Cabinet unveiled a detailed plan earlier this year to promote Emiratisation in the private sector. Companies must...

Updated Crypto Regulations – DFSA

November 5, 2022ByadminLaws and Regulationsblog0

Dubai regulator DFSA’s Crypto Token regime comes into effect The UAE’s Securities and Commodities Authority (SCA) has published “The Authority’s Chairman of the Board of Directors Decision No. (21/R.M) of 2020 Concerning the Regulation of Crypto Assets” (Decision) “The intention of the Crypto Token regime is to foster innovation in a measured, responsible and transparent...

UAE’s revised visa policies: How they would help travellers and job seekers

October 8, 2022ByadminLaws and Regulationsblog0

Tourists will now be able to enter and stay in the UAE legally for 60 days, an extension from the previous 30 days; according to the new tourist visa rules. A sponsor or host is not necessary for the work exploration visa, which aims to make it simple for talented professionals to find employment in...

New Long Term Residency Visa Rules: UAE

September 12, 2022ByadminLaws and Regulationsblog0

The UAE has approved new executive regulations related to Federal Decree-Law on Entry and Residence of Foreigners. These regulations will help to simplify the process of obtaining a residency permit and visa. The new entry and residence rules announced by the Emirati Cabinet offer 10 different types of visas with simplified requirements.These rules are designed...

WAGES PROTECTION SYSTEM (WPS) IN THE UAE : NEW AMMENDMENTS

August 17, 2022ByadminLaws and Regulationsblog0

More than 200 different nations have citizens living in the UAE, which helps the nation’s economy and general development. The UAE government had introduced the Wages Protection System in 2019 to simplify payments and wage distribution. WPS was designed to ensure that companies meet their obligations to pay their employees promptly and protection them from...

UAE introduces new Labor Law

July 15, 2022ByadminLaws and Regulationsblog0

UAE Labor Law: Governing Employment The Ministry of Human Resources & Emiratisation (“MOHRE”) has announced an overhaul to the labor laws in the UAE. The new UAE Labor Law (Federal Decree Law No. 33 of 2021), will come into effect as of 2 February 2022. The New Law will replace the current Federal Law No....

A Look at Dubai’s Virtual Asset Law – VARA to act as a new regulatory body

April 19, 2022ByadminLaws and Regulationsblog0

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