Virtual Assets are booming in leaps and bounds, thanks to their growing acceptance, attractiveness, and the growing prominence of Blockchain technology in various fields. Virtual assets directly impact the financial sector and the economy in general. Intermediaries are becoming increasingly necessary as Virtual Assets move forward, providing support and facilitating […]
An insight into the potential corporate tax regime (“CT”) has been provided by the UAE Ministry of Finance (“MoF”) on April 28th. The consultation paper discusses these insights. Please note that the information shared in the consultation is not final. Public consultations support transparency in the UAE and recognize stakeholder input […]
Payroll management in UAE can be challenging due to complex labor laws and constantly updating of payroll UAE regulations. As part of the UAE government’s efforts to protect the rights and interests of workers, the Ministry of Human Resources and Emiratisation (MOHRE) in 2009 introduced the Wage Protection System (WPS) payroll […]