Chapter Twenty-three: Corporate Governance in Dubai   Dubai, in the United Arab Emirates, is emerging as a modern financial hub, with ambitious, well-constructed and far-reaching plans to expand it’s presence in the international financial arena. Other emerging economies around the…

Chapter Seventeen: Accounting, Auditing and VAT Requirements in Dubai   The United Arab Emirates introduced a general consumption tax in 2018, in a move to establish an additional source of income to fund government works. As it does in other…

Chapter Sixteen: ESR in Dubai   In 2019, The European Union blacklisted the UAE for tax purposes, as a result of an assessment of the country’s tax structure by the EU Code of Conduct Group on Business Taxation. The EU…

Chapter Fifteen: Dubai Anti-Money Laundering and CFT Regulations   As a responsible global financial hub, Dubai’s government recognizes that money laundering and funding diverted into the financing of terrorism are crimes that can lead to serious economic consequences. As a…

Chapter Fourteen: UBO Regulation in Dubai   The United Arab Emirates has put in place resolutions that control the reporting and registering of beneficial interests. This brings the UAE in line with global best practices and helps set the nation…

Chapter 8.1: DIFC Will and Probate Registry   What is the DIFC WPR? An English language registry based inside the DIFC – the Dubai International Financial Centre – enabling the formal registration of wills. Who is it aimed at? Non-Muslim…

Chapter Eight: DIFC Will covering your Estate and Guardianship The government of Dubai has instituted a DIFC Wills Service in conjunction with the DIFC Courts to give non-Muslims living in the UAE the option to determine the distribution of their…