AED10,000 Penalty for Late Corporate Tax Registration
العربية AED10,000 Penalty for Late Corporate Tax Registration February 27, 2024 The Ministry of Finance today announced the issuance of Cabinet Decision No. 10 of 2024, amending the schedule of violations and administrative penalties of Cabinet Decision No. 75 of 2023 on the administrative penalties for violations related to the application of Federal Decree-Law No. […]
The UAE and Kuwait: A Journey of Financial and Economic Integration Between Two Brotherly Countries
العربية The UAE and Kuwait: A Journey of Financial and Economic Integration Between Two Brotherly Countries February 24, 2024 The relationship between the United Arab Emirates and Kuwait is an exceptional example of two countries eager to enhance cooperation across various fields, including the financial sector. They are bound by several agreements and Memoranda of […]
Ministry of Finance announces the issuance of a federal decree-law concerning federal properties
العربية Ministry of Finance announces the issuance of a federal decree-law concerning federal properties February 19, 2024 The Ministry of Finance in the UAE announced the issuance of federal decree-law number (35) concerning federal properties for the year 2023. The law aims to further develop the legislative environment in inventorying and managing government properties. The […]
UAE Ministry of Finance explores financial strategies for a better future at World Governments Summit
العربية UAE Ministry of Finance explores financial strategies for a better future at World Governments Summit February 14, 2024 The UAE Ministry of Finance concluded its participation in the World Governments Summit (WGS) 2024, under the theme of “Shaping Future Governments”. The event saw the participation of heads of state, government leaders, ministers, senior officials, […]
Islamic Treasury Sukuk Continue to Achieve Exceptional Results
العربية Islamic Treasury Sukuk Continue to Achieve Exceptional Results February 13, 2024 The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced the results of the Islamic Treasury Sukuk (T-Sukuk) auction, which is […]
Maktoum bin Mohammed officially launches the Buna Payment System on the sidelines of the World Governments Summit
العربية Maktoum bin Mohammed officially launches the Buna Payment System on the sidelines of the World Governments Summit February 12, 2024 His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance of the UAE, launched the Buna Payment System for the Arab […]
UAE signs agreements with Arab countries on encouragement and protection of investments, and double taxation avoidance
العربية UAE signs agreements with Arab countries on encouragement and protection of investments, and double taxation avoidance February 12, 2024 The UAE, represented by the UAE Ministry of Finance, signed agreements related to the encouragement and protection of investments and double taxation avoidance, with each of the State of Kuwait, the Kingdom of Bahrain, and […]
Maktoum bin Mohammed: Rapid global changes require designing fiscal policies that meet needs of national economies
العربية Maktoum bin Mohammed: Rapid global changes require designing fiscal policies that meet needs of national economies February 11, 2024 Today, the UAE Ministry of Finance concluded the Eighth Arab Fiscal Forum, organised in partnership with the Arab Monetary Fund and the International Monetary Fund, which was held on the sidelines of the World Governments […]
UAE Ministry of Finance says OECD’s rating of Free Zone Corporate Tax regime will enhance UAE’s Global Competitiveness
العربية UAE Ministry of Finance says OECD’s rating of Free Zone Corporate Tax regime will enhance UAE’s Global Competitiveness February 10, 2024 The UAE Ministry of Finance said the latest review by the Organisation for Economic Co-operation and Development (OECD) on preferential tax regimes has officially recognised the United Arab Emirates Free Zone Corporate Tax […]
UAE Ministry of Finance Raises Issues of Financial Empowerment and Sustainability at the World Governments Summit 2024
العربية UAE Ministry of Finance Raises Issues of Financial Empowerment and Sustainability at the World Governments Summit 2024 February 08, 2024 The UAE Ministry of Finance announced today that it will participate in the World Governments Summit (WGS) 2024, under the theme “Shaping Future Governments”, from 12-14 February in Dubai. The summit will be attended […]