March 5, 2024

Anti Money Laundering Law for Real Estate Companies in UAE

Anti-Money Laundering (AML) Law Simplified for Real Estate Companies in the UAE

It’s an understatement to say that the UAE has emerged as one of the fastest-growing economic powerhouses, from its state-of-the-art infrastructure to its ever-growing real estate sector. At the same time, with increased economic prosperity comes a heightened risk of money-laundering activities. In response, the UAE government has introduced Decree-Law No. 20 of 2018, which […]

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Management Remuneration Under Corporate Tax in UAE

Will Remuneration Paid To Management Be a Deductible Expense For Corporate Tax Purposes?

It’s high time that we address the massive corporate roadblock, particularly in regard to UAE’s corporate tax. It’s common for individuals to state that they will increase management remuneration to reduce corporate tax implications on the business. But it’s time for you to note that such statements are not only incorrect but unethical to practice.

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