fbpx Our Team

Blog – Full Width

by in Compliance 0 Comment

UAE Compliance Update: Kudos to the DIFC on the record-breaking growth driven by Fintech & Innovation!

Established in 2004, the Dubai International Financial Centre (DIFC) has become a leading financial hub for the Middle East, Africa, and South Asia (MEASA) region. It has also become one of the world’s most advanced financial centres, with a population of 3 billion people and a GDP of $8 trillion. Moreover, it houses more than […]

by in Human Resource & Talent Acquisition 0 Comment

HR Update: DMCC member firms — Mandatory WPS Implementation

What is WPS: WPS [Wage Protection System] is a digital payment of salary transfer through Banks / Exchange Bureaus / financial institutions approved by the UAE Central Bank. Newly Mandatory for DMCC Companies: All DMCC Member firms must Register employees with active employment visas or Personal Identity Card (PIC) under each company Effect salary payments through […]

by in Corporate Tax, Tax 0 Comment

Ministry of Finance confirms the threshold of AED 375,000

Businesses are subject to UAE Corporate Tax beginning from the financial year starting on or after 01st June 2023. As per Article 3 of UAE Corporate Tax Law, the Corporate Tax would be imposed at 9% on an income exceeding a threshold to be specified by the Cabinet. Cabinet Decision 116 of 2022, recently made […]

by in Human Resource & Talent Acquisition 0 Comment

DMCC implements WPS

In an announcement to its clientele, DMCC has informed on the implementation of WPS. This is in effect from January whereby registration must be done for all employees with active employment visa or Personal Identity Card (PIC) under each company with salary payment effected before February 15, 2023. WPS or the Wage Protection System is […]

by in Market Reports 0 Comment

UAE’s new visa regime to encourage residents to stay for a longer period

The average duration spent in the UAE by residents is set to increase as the new visa regime will encourage expatriates to stay in the country for a longer period, say recruitment and HR consultants. The UAE has introduced many new long-term residency permits including Golden Visa, Green Visa, Retirement Visa and Freelance Visa for […]

by in Human Resource & Talent Acquisition 0 Comment

Unemployment Insurance Introduced to the UAE from January 01, 2023

In a new initiative, the UAE has introduced Unemployment Insurance. As announced by the Ministry of Human Resources and Emiratisation (MoHRE), this came into effect from January 01, 2023. As per the Decree Law on Unemployment Insurance Scheme (Federal law number 13/2022 and Cabinet decision number 97/2022), it is stipulated that the insured person will […]

    Etiam magna arcu, ullamcorper ut pulvinar et, ornare sit amet ligula. Aliquam vitae bibendum lorem. Cras id dui lectus. Pellentesque nec felis tristique urna lacinia sollicitudin ac ac ex. Maecenas mattis faucibus condimentum. Curabitur imperdiet felis at est posuere bibendum. Sed quis nulla tellus.


    63739 street lorem ipsum City, Country


    +12 (0) 345 678 9