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Ministry of Finance announces amendments to Corporate Tax Law

ABU DHABI / WAM The UAE Ministry of Finance has announced updates in relation to certain provisions of Federal Decree-Law No 47 of 2022 on the Taxation of Corporations and Businesses. These amendments include introduction of a Domestic Minimum Top-up Tax (DMTT), and tax incentives to support growth and innovation. – Introduction of a Domestic Minimum Top-up Tax (DMTT): Following ...

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Academic Triumph: The Bloomington Academy, Ajman, Reaches New Heights In Cambridge Achievements!

GULF TIME Amidst a glorious evening of academic accolades, celebrating the pinnacle of academic success, The Bloomington Academy, Ajman made its mark at the Outstanding Cambridge Learner Awards held at the Jumeirah Beach Hotel, Dubai. A congratulatory video by the Group Managing Director, Rod Smith, led to the opening ceremony. The evening commenced with elegance and precision. The proceedings were ...

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RAK Ruler receives Kuwait’s Consul-General to UAE

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received on Monday at his palace in the Saqr bin Mohammed City, Ali Salem Al Thayedi, Consul-General of Kuwait to the UAE, to mark the end of his tenure. HH Sheikh Saud welcomed the Kuwwaiti Consul-General and wished him ...

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