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H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, issued Executive Council Resolution No. (5) of 2021 on the Executive Regulation of Law No. (1) of 2016 on the Financial Regulations of the Government of Dubai. The Resolution specifi ..
New rules regulate the collection and management of public funds
There are five elements that taxpayers should start doing now in preparation for Oman’s VAT regime. Sweta Sancheti, former tax manager at Majid Al Futtaim, explains how to get ready for the tax.
Dubai: If you cancel your rental contract without completing the tenancy period, what are your rights as a tenant? A Gulf News reader wrote in sharing his experience with renting a flat in Sharjah, as his post-dated cheques had been deposited, even after he vacated the residential unit. He asked: “I had given four cheques to my landlord for my rent. I vacated the flat on October 20, 2020 and paid my first two cheques, which were for rent up till November 20, 2020, paying the landlord one month’s rent extra, as per Sharjah Municipality rules for cancellation in the middle of a contract. No...
UAE’s game-changing laws 'to fuel property market recovery' DUBAI, February 10, 2021 The UAE’s series of game-changing regulatory amendments – from providing Emirati citizenship and golden visas to investors and select expats to allowing 100% ownership of businesses for foreign nationals – will significantly fuel the recovery and growth of the country’s property market, according to Lootah Real Estate Development (LRED), one of the region’s most prominent real estate developers. In its Industry Insights Report, LRED has highlighted top 7 drivers that will propel the real est...