The Ministry of Finance said the new tax, the first of its kind in the country, will be applied on the adjusted accounting net profits of a business above 375,000 AED (US$102,000), and would “be amongst the most competitive in the world.” The new corporate tax will not be […]
UAE
New law aims to boost family businesses’ contribution to growth of economy. The new family law was issued by President His Highness Sheikh Khalifa bin Zayed Al Nahyan. File photo By Web Desk Published: Tue 25 Jan 2022, 5:14 PM Last updated: Tue 25 Jan 2022, 7:32 PM In his […]
People enjoy drinks at a restaurant overlooking the Marina district in Dubai, United Arab Emirates, in 2019. The country is loosening its liquor laws and other restrictions. Kamran Jebreili/AP hide caption toggle caption Kamran Jebreili/AP People enjoy drinks at a restaurant overlooking the Marina district in Dubai, United Arab Emirates, […]