Important News & Updates, UAE
18 May 2023, The Corporate Tax Law
The Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses (hereinafter referred to as the “Corporate Tax Law”) was issued by the United Arab Emirates (“UAE”), on 09 December 2022.
The Corporate Tax Law provides the legislative basis for the introduction and implementation of a Federal Corporate Tax (“Corporate Tax”) in the UAE and is effective for financial years starting on or after 1 June 2023.
3 November 2021, The Year of the 50th
His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, declared 2021 as ‘The Year of the 50th’ to commemorate 50 years since the nation’s founding in 1971.
Running from 6 April 2021 to 31 March 2022, the celebration coincides with the UAE’s hosting of Expo 2020.
The celebration is an investment in people-building first – using this inflection point to celebrate our remarkable journey over the last 50 years and begin preparing our nation for the transformative change that lies ahead in the next 50.
Visit here for the history of the UAE since 1971.
As part of the countdown, the initiative invites everyone to document and share their celebrations under a unified hashtag #UAE50, #UAENationalDay50, #50Celebrations. Participate and interact with @OfficialUAEND accounts via Instagram, Facebook, Twitter, and YouTube.
21 April 2021, Golden Visa Program
As a valuable partner of Dubai Chamber of Commerce & Industry we continually look at ways to generate enhanced value for you and your members and to thank you for your continued support of the Vision of Dubai and the UAE. The government of the UAE is collectively working towards furthering our standing as the most preferred international business and lifestyle destination.
To reaffirm its commitment to those who have shaped the landscape and the mindset of Dubai and the UAE, to feel more and more at home, the UAE recently introduced the Golden Visa Program that offers 5-year and 10-year residencies for investors, entrepreneurs, specialised talents and researchers in various fields of science and knowledge.
UAE Golden Visa Program and Eligibility using the below link:
https://www.dubaichamber.com/gv4gn74rtuc8wd9j4m
For more information on the UAE Golden Visa program, please visit:
https://u.ae/en/information-and-services/visa-and-emirates-id/residence-visa/long-term-residence-visas-in-the-uae
28 September 2020, EXPO updates
For more info click here
28 September 2020, Retire in the UAE
For more info click here
27 September 2020, UAE Business Council´s Task Force
For more info click here
17 June 2020, Reopening Dubai guidelines. Stages 1, 2 and 3 (100%) while strictly maintaining social distancing measures.
Click here for more details
27 May 2020, Reopening Dubai guidelines, stage 3.
Click here fore more details.
12 May 2020, Reopening updates on guidelines & protocols
Click here for more details.
12 May 2020, Guidelines on the Management of Quarantine and Isolation Institutional Facilities
(Non-Hospital) in the Context of Community Transmission of the Novel Corona Virus (COVID-19)
Click here for more details.
30 April 2020, Repatriation Flights
With the approval of the UAE Government and local authorities, Emirates, Etihad Airways, flydubai & Air Arabia have announced repatriation flights to a number of destinations across the globe.
Passengers may need to secure documents from their embassy to travel. However, travelers should check their eligibility to enter the destination of their choice before booking flights.
Customers will be required to follow all health and safety measures required by the UAE authorities and the country of destination.
Airline staff will select seats for travelers on these flights in order to apply social distancing measures.
Destinations are changing daily as subject to government approval, so please contact your travel agency for more details.
26 April 2020, THE LEGAL IMPACTS OF COVID-19 ON BUSINESS AND EMPLOYMENT.
A webinar on the above mentioned subject took place on Thursday 23rd April. If you missed it, please click here for full report of the webinar together with the Zoom recording.
23 April 2020, Partial easing of restrictions on movement in Dubai
Government of Dubai Media Office – 23 April 2020: In line with the decisions of the Ministry of Health and Prevention and the National Emergency Crisis and Disaster Management Authority (NCEMA), the Supreme Committee of Crisis and Disaster Management headed by His Highness Sheikh Mansour bin Mohammed bin Rashid Al Maktoum has announced a partial reduction in the restrictions on movement in the emirate starting from Friday 24 April.
Read full article here from Dubai Government
22 April 2020, Reopening Guidelines and Protocols
In line with the safety and preventive measures against the spread of Covid-19, Dubai Government announces these guidelines and protocols to be followed during the reopening of the following sectors:
Wholesale and Retail Trade
Transport and Logistics
Construction
Manufacturing
Offices and office buildings restrictions
Social Welfare Services
The business community is expected to align and be in compliance with the guidelines and protocols detailed in this document.
Kindly note that announcements will be made shortly by Dubai Media Office on the reopening date and timings.
Full report - read here