Recent Posts

MC13’s new service regulations aim to cut global trade costs by over $125 billion

ABU DHABI/ WAM The entry into force of new disciplines on services domestic regulation, announced at the World Trade Organisation (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi on 27th February, is expected to lower trade costs by over US$ 125 billion worldwide. The announcement was made at an event attended by Director-General Ngozi Okonjo-Iweala, Dr. Thani bin Ahmed Al ...

Read More »

Ministry of Finance announces AED10,000 penalty for late Corporate Tax registration

ABU DHABI/ WAM 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. 47 of 2022 on the taxation of corporations and businesses. Cabinet Decision No.10 ...

Read More »

UAE participates in Oman Conference for Environmental Sustainability

MUSCAT/ WAM Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability Affairs, has participated in the Oman Conference for Environmental Sustainability, being held from 26th to 28th February, under the patronage of Sayyid Asa’ad in Tarik Al Said, Deputy Prime Minister for International Relations and Cooperation Affairs and Personal Representative of His Majesty the Sultan. The conference is ...

Read More »
Send this to a friend