UAE implements full foreign ownership of companies
UAE implements full foreign ownership of companies on June 1st, 2021 June 1st, 2021 / Haroon Juma / News Updates Annual compliance and key actions The UAE recently took another step towards establishing itself as a global leader by enacting significant amendments to...
VAT News – UAE Tax Penalty Update April 2021
Search for: VAT News – UAE Tax Penalty Update April 2021 May 9th, 2021/ Haroon Juma / VAT & Tax Blog The UAE Cabinet of Ministers issued Decision No. 49/2021 amending provisions of Cabinet Decision No. 40/2017 regulating tax penalties (the “new Decision”)...
UAE Bounced Cheque Law Amendment
UAE Bounced Cheque Law Amendment May 4th, 2021 / Haroon Juma / Uncategorized The UAE Cabinet has made a critical amendment to Federal Law No. 18 of 1993 i.e. The Commercial Transactions Law concerning the bounced cheques. The changes to the law will be in effect...
