Dubai legal news :: «Marina Fox Legal Consultancy»

Online quiz for Golden Visa eligibility 23.02.2023 The UAE has revealed a new online tool to help users understand if they are eligible to receive a Golden Visa. The UAE Civil Personal Status Law for non-Muslims 16.01.2023 Effective from 1 February 2023, Federal Decree Law No. 41 of 2022 on Civil Personal Status for non-Muslims (“Civil Family Law”) will introduce significant amendments to the family legislations. UAE Federal Law on Taxation of Corporations and Businesses 10.12.2022 The Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses (hereinafter referred to as the “Corporate Tax Law”) was issued by the United Arab Emirates (“UAE”), on 09 December 2022. The Law comes into effect 15 days from its publication in the official Gazette and applies to Tax Periods commencing on or after 1 June 2023.

Dubai Virtual Asset Law 07.07.2022 The Government of Dubai issued new Law No. 4 of 2022 Regulating Virtual Assets (“the Law”), which came into force on the 11th of March 2022. New UAE Commercial Companies Law on 100% foreign ownership 28.06.2022 Decree No. 32 of 2021 on the UAE Federal Law on Commercial Companies (“Commercial Companies Law“) has come into force on 2 January 2022. New UAE Labour Law 07.02.2022

On 2 February 2022 a new UAE labour law came into effect. It is the UAE Federal Decree-Law No 33 of 2021 on the Regulation of Labour Relations. The new UAE Labour Law is the most comprehensive and significant change to the country’s labour laws since 1980.

UAE’s amended law on the decriminalisation of bounced cheques 03.11.2021

New amendments to the UAE’s Commercial Transactions Law regarding the decriminalisation of bounced cheques and the partial payment of cheques will take effect from January 2, 2022, the UAE Central Bank has announced.

The Dubai World Trade Centre Authority (DWTCA) announced new regulations to encourage family businesses to establish Single and Multiple Family Office (SFO & MFO) licenses with the free zone. 14.10.2021

The regulations address the needs of family-run entities and introduce a new platform for wealthy families to set-up offshore holding companies within DWTCA's designated free zone to manage their private family global wealth, assets and investments from Dubai.

No VAT for DIFC Wills 11.10.2021

New directions from the Ministry of Finance provide that the DIFC Courts Wills Service is no longer required to pay VAT for its services.