The RERA in Dubai also called the Real Estate Regulatory Authority is an essential part of UAE’s real estate framework. It essentially works under the Dubai Land Department to oversee the registration, sale and completion of real estate projects within…
Land is an essential commodity and an excellent investment. However, as it is capital-intensive, there are a few risks in such investments. Also, all governments around the world enforce stringent land laws due to the sheer volume of capital people…
The Economic Substance Regulations, better known as ESR guidelines, are a set of compliance requirements that certain companies in the UAE need to follow. The ESR process became a part of the Emirati compliance measures in 2019 by an order…
The UAE Cabinet has come out with a new resolution in the form of Resolution No. 57 of the 2020 ESR Regulations Amendment. The latest updates according to this Amendment will replace the previous rules, and the document also provides…
UAE Foundations, introduced in 2017, are now an integral part of the country’s wealth management systems. It is an independent legal entity to which its founder confers his assets. Foundations play an important role in wealth management as it distinguishes…
One of the most significant responsibilities of any government is to ensure that the country in question has a high enough food security. This allows them to not worry about food shortage as they always have the inventory to cover…
The use of digital accounting has been among the largest accounting changes in recent years. In the past ten or so years, accounting and business management have advanced significantly. Due to the nimble systems in place, firms are no longer…
The UAE is one of the world’s most famous and successful commercial hubs, attracting investors from around the world. Running successful family businesses in the UAE requires you to stay updated regarding new laws and policies. To ensure that the…
Almost all companies are now taking their business online. The last few years have seen the rapid growth of remote and mobile-based applications and solutions. The world revolves around data now, and the manipulation and processing of data are what…
Over the last few years, the UAE’s economy has been growing, expanding and evolving seamlessly. Therefore, specific regulatory changes and reforms have been introduced in recent years to aid this growth. Adding to that list, on Wednesday, the UAE’s Federal…