The European Union, in March 2019, added UAE in their blacklist of non-cooperative tax jurisdiction, due to which Cabinet of Ministers passed resolution No. 31 of 2019 concerning Economic Substance Regulations. However, thanks to ESR, EU has now removed UAE from the blacklist. Economic Substance Regulations are set in place to […]
Whether you are new to doing business in the UAE or not, you surely know that there are rules to follow and laws to understand in order to operate your business as smoothly as possible without unnecessary interruption. The Value Added Tax (VAT) is still relatively new in the […]