The UAE Federal Tax Authority (FTA) has provided clear details about the penalties businesses will face if they fail to pay their corporate taxes on time. According to the FTA, businesses that don’t pay their tax by the deadline will be charged a penalty of 14% per year, which is calculated each month from the…
UAE is a marketing and trading center that has earned fame from all over the world. It is the best place for small or large businesses to conduct their operations in the country without any serious limitations. The UAE has done a lot to benefit entrepreneurs, businessmen, and freelancers so that they can prosper in…
The Federal Authority of Identity and Citizenship (ICA) issues the Emirates ID as an identification card for UAE nationals. All UAE nationals and residents are required to have an identity card. You should be aware of the significance of this ID card if you reside in the United Arab Emirates. With the help of Emirates…
The UAE government has introduced a new service named “Fawri” for issuing an Emirates ID. This service has made it easy for residents and citizens to get an Emirates ID in less than 24 hours. The ID usually can be obtained in an average of 7 to 10 days. But with the Fawri service, things…
A company operating under the professional license category is required as per the UAE laws to select a local service agent to get the trade license. Companies operating in certain jurisdictions and engaging in certain business activities must appoint a local service agent, even if the company acquires 100% ownership. This is only mandatory when…
In order to safeguard the rights of the workers employed in the private sector companies and firms within the setting after the COVID-19 pandemic, the UAE government announced a decree-law last year. It is crucial for people working in the UAE to learn about the rules, regulations, and laws of the labours. Because they provide…