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All posts by: re think

by in Events

RE/THINK – We Are Expanding!

DIFC / ADGM Regulatory and Compliance Authorizations Outsourced Finance Officer, Compliance Officer and MLRO Outsourced Accounting Corporate Tax Advisory and Compliance VAT Advisory and Compliance HR Advisory Outsourced Payroll Management Financial and Tax Due Diligence Financial Modelling and Business Valuation Outsourced CFO Services Since 2014, we have supported regulated entities as well as small and […]

by in Human Resource & Talent Acquisition

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 […]

by in VAT

UAE VAT Update — Clarification on Natural person Performing the Function of Director on a Board of Directors

The Federal Tax Authority (FTA) recently published a Public Clarification VATP031 on the treatment of the services of a member of a Board of Directors (hereafter referred to as “Director”). Effective from 1st January 2023, the provision of the Director’s services is no longer considered a “supply of services for VAT purposes” if the following […]

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