September 2021

Anti-Money Laundering and Countering the Financing of Terrorism Law in the UAE

Contributing to global anti-money laundering efforts and combating financing of terrorism (AML/CFT), the United Arab Emirates (UAE) strives to fully implement the standards set by the International Financial Action Task Force (FATF). The UAE government passed a new regulation on Anti-Money Laundering (AML) and Combatting the Financing of Terrorism (CFT), through Federal Decree No. 20 …

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Do you Have to Pay Taxes in the UAE?

The United Arab Emirates is one of the leading financial hubs and a preferred destination for many businesses, supported by highly developed infrastructure and world-class amenities. One of the country’s main attractions is undoubtedly the absence of corporate taxes. The Federal Tax Authority (FTA) is responsible for issuing and implementing taxation orders in the country. …

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