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CBD News  

4Oct

UAE firms to get worker bank guarantees refund

by CBD  
Published 3rd October 2018, Gulf News Abu Dhabi: The government Wednesday said it will start refunding this month bank guarantee given by companies and business owners for each worker, a move that is expected to...
29Nov

UAE cabinet approves VAT executive regulation

by CBD  
Published September 30 2017, UAE Ministry of Finance The UAE Ministry of Finance has release the Executive Regulation of The Federal Decree-Law No (7) of 2017 on Tax Procedures, approved by the cabinet during its...
1May

New rules in Dubai for maternity/childcare leave

by CBD  
Published May 1 2017, Khaleej Times His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued Decree No. 14 of 2017 on maternity and...
27Apr

New law to ensure healthy employees in UAE

by CBD  
Published April 2017, Khaleej Times The law will upgrade the system of managing occupational safety, especially in regulating workplace injuries. An upcoming public health law will ensure that good health and safety standards are set...
21Mar

Electronics banned on some US flights from Middle East

by CBD  
Published 21 March 2017, BBC The US has announced a ban on large electronic devices from cabin baggage on passenger flights from eight Muslim majority countries. The Department of Homeland Security (DHS) said extremists were...
27Feb

UAE government streamlines incorporation process in Abu Dhabi

by CBD  
Published 27 February 2017, Emirates 24/7 ADDED adopts a new technique for inspecting commercial license transactions Abu Dhabi Department of Economic Development (ADDED) has approved a new procedure of inspecting commercial license transactions, starting from...
7Feb

UAE approves new visa scheme to lure top foreign execs

by CBD  
Published 6 February 2017, Arabian Business Cabinet backs integrated entry visa scheme, with first phase targeting professionals in tourism, health and education sectors The UAE Cabinet has approved an integrated entry visa scheme to attract...
5Feb

Howesdubai blog – January 2017 update

by CBD  
Published January 2017, Tim Howe, Bed of Roses https://howesdubai.com/ HH Sheikh Mohammed bin Rashid Al Maktoum has approved a 300k sq ft expansion to triple the size of Dubai’s International Humanitarian City. This is in...
10Jan

To code or not to code?

by CBD  
Published January 2017, The Oath, Michael Twomey Could smart contracts be the end of lawyers unless they know how to write computer code?  Michael Twomey of Law2020 offers his take………http://cbddubai.com/consultancy/wp-content/uploads/2017/01/The-Oath-published-article.pdf
3Jan

UAE to monitor private firms on ’emiratisation’ drive from today

by CBD  
Published January 1 2017, Arabian Business The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) will start monitoring private companies for implementation of two new emiratisation decrees from today (Monday). The first decree mandates private...
29Dec

Dubai extends mandatory health insurance deadline

by CBD  
Published 29 December 2016, Khaleej Times The Dubai Health Authority (DHA) has announced that residents can apply for health insurance in 2017 due to the huge influx of applications received by the insurance companies in the...
13Nov

No more wriggle room for WPS offenders

by Helen Barrett  
The Ministry of Labour (MOL) recently announced its proposals to introduce heavy fines for onshore companies employing 100 staff or more who fail to comply with the Wages Protection Scheme (WPS).  It would appear that...
6Nov

No plans to tax individuals, UAE finance ministry says

by Carl Dowling  
DUBAI, Nov 1 (Reuters) – The United Arab Emirates has no plans to impose new taxes on individuals and the government is not studying the introduction of more fees for services, Younis al-Khouri, under-secretary at...
24Oct

UAE: President establishes Federal Tax Authority

by CBD  
Abu Dhabi: President His Highness Shaikh Khalifa Bin Zayed Al Nahyan issued a decree on Monday to set up a new authority to collect data, information and statistics related to federal taxes. The Federal Tax...
17Oct

Sponsoring your Employees in the UAE

by Helen Barrett  
With the exception of wives, unmarried adult daughters and minor children (who may be sponsored by their husbands or fathers), all expatriates must be sponsored by their employer (‘Company’) to live and work in the...
16Oct

Onshore Vs Offshore

by Carl Dowling  
“Should I register my business in a free trade zone or in the mainland?” is the age old question I am asked by people setting up a business in the UAE. To much surprise, if...
12Oct

UAE retail sector margins under pressure – AT Kearney

by CBD  
The UAE retail sector is facing a tough time as margins are under pressure driven by lower oil prices, decline in Russian and Chinese tourists and fall in consumer disposable incomes, according to retail consultancy,...
4Sep

Eid al Adha Break for UAE Private Sector

by CBD  
The Eid Al Adha break for UAE private sector workers will be take place from Sunday, September 11 to Tuesday, September 13, the Ministry of Human Resources and Emiratisation tweeted. And public sector workers will...
13Aug

Contracting

by Helen Barrett  
Foreign companies wishing to carry on contracting activities in the Emirate of Dubai must obtain a commercial licence from the local licensing authority and the consent of the Dubai Municipality (DM), the governing body which...
4Jul

Abu Dhabi merger to create $175bn banking heavyweight

by CBD  
National Bank of Abu Dhabi and First Gulf Bank won board approval on Sunday for a merger to create a banking heavyweight with $175 billion in assets, part of the emirate’s plan to revamp its...
9Jun

Engineering

by Helen Barrett  
Engineering activities in the Emirate of Dubai are regulated by Local Order No. (89) of 1994 (as amended) on Regulating the Practice of Engineering Consultancy Profession in the Emirate of Dubai (Local Order). A foreign...
9Jun

Inspection teams to ensure midday rule is followed

by CBD  
Inspectors to take prompt action in case of violation Dubai: Inspection patrols from the Permanent Committee of Labours’ Affairs will check work sites on a daily basis to ensure full compliance with the midday break...