Dubai Chambers organises workshops on Corporate Tax and Labour Law with participation of 125 representatives from the private sector
The first workshop focused on the evolution of UAE Corporate Tax and was organised in collaboration with Habib Al Mulla & Partners and Andersen. The session offered valuable practical insights into corporate tax in the UAE. Participants gained a clear understanding of essential areas including the applicability of corporate tax, Free Zone taxation, tax grouping, calculation methods, transfer pricing compliance, and key legal considerations.
The workshop also addressed industry-specific expense deductions, corporate tax return readiness, recent legislative updates, and tax accounting considerations for current and deferred tax. This comprehensive session ensured participants were well-prepared for compliance in the evolving tax landscape.
The second workshop was organised in collaboration with Fragomen UAE and Gateley Middle East and explored the UAE's employment laws and regulations. The session provided an overview of the legal framework governing the labour market and practical guidance on visa requirements, categories, and work permits.
The workshop also covered essential employment aspects such as probation, pay and benefits, performance management, grievance procedures, and end-of-service processes. The insights shared aimed to help companies manage their human capital more effectively while ensuring full compliance with applicable laws and regulations.
These successful events reflect Dubai Chambers' ongoing commitment to supporting the growth and stability of businesses in the emirate. By providing access to expert-led sessions on critical legal and regulatory topics, Dubai Chambers is continuing to enhance the competitiveness of local businesses and advance their contribution to sustainable economic development.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mid East Info
6 hours ago
- Mid East Info
Dubai Centre for Family Businesses launches first 2025 cycle of Next-Gen Family Businesses Training Programme
The programme adopts an innovative training methodology to empower the next generation of family business leaders that includes interactive group discussions, role-play sessions, practical assessments, and real-life case studies. Dubai, UAE – The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has launched the first 2025 cycle of its world-class Next-Gen Family Businesses Training Programme. The transformative leadership experience is designed to empower the next generation of family business leaders with the essential leadership, governance, and entrepreneurial capabilities required to create sustainable value for their family enterprises. The inaugural 2025 cycle has attracted a strong cohort of 25 participants. The programme adopts an innovative training approach, incorporating interactive group discussions, role-play sessions, practical assessments, and real-life case studies directly aligned with the unique challenges and opportunities faced by family businesses. The comprehensive curriculum covers a wide range of key areas essential for sustainable success, including fundamentals of governance in family businesses, effective board leadership, entrepreneurship, and strategic decision making, together with communication skills and conflict resolution. By the end of the training, participants will have gained valuable capabilities to help them balance family and business leadership, develop a deeper understanding of governance principles and the board's role in driving growth, and apply balanced and effective leadership models. The curriculum also provides access to global best practices adapted to the needs of the regional business landscape, enhancing both the participants' personal leadership skills and professional vision. The Next-Gen Family Businesses Training Programme supports participants in developing practical management and leadership capabilities, enabling them to lead their family businesses effectively and ensure continued success. It also offers knowledge on exploring business challenges and equips participants with the practical leadership skills needed to successfully lead family enterprises in an evolving global landscape. The Dubai Centre for Family Businesses was launched in May 2023 under the umbrella of Dubai Chambers to promote the sustainability and growth of family businesses in the emirate. The centre is dedicated to advancing the development of this vital sector and enhancing its economic contribution to Dubai's future development plans.
Mid East Info
2 days ago
- Mid East Info
Dubai Chambers organises workshops on Corporate Tax and Labour Law with participation of 125 representatives from the private sector
Dubai, UAE – Dubai Chambers recently organised two workshops focusing on key aspects of the UAE's Corporate Tax regime and Employment Law. The sessions were designed to ensure the local business community remains informed on the latest legal and regulatory developments across diverse sectors and attracted a total of 125 participants from the private sector. The first workshop focused on the evolution of UAE Corporate Tax and was organised in collaboration with Habib Al Mulla & Partners and Andersen. The session offered valuable practical insights into corporate tax in the UAE. Participants gained a clear understanding of essential areas including the applicability of corporate tax, Free Zone taxation, tax grouping, calculation methods, transfer pricing compliance, and key legal considerations. The workshop also addressed industry-specific expense deductions, corporate tax return readiness, recent legislative updates, and tax accounting considerations for current and deferred tax. This comprehensive session ensured participants were well-prepared for compliance in the evolving tax landscape. The second workshop was organised in collaboration with Fragomen UAE and Gateley Middle East and explored the UAE's employment laws and regulations. The session provided an overview of the legal framework governing the labour market and practical guidance on visa requirements, categories, and work permits. The workshop also covered essential employment aspects such as probation, pay and benefits, performance management, grievance procedures, and end-of-service processes. The insights shared aimed to help companies manage their human capital more effectively while ensuring full compliance with applicable laws and regulations. These successful events reflect Dubai Chambers' ongoing commitment to supporting the growth and stability of businesses in the emirate. By providing access to expert-led sessions on critical legal and regulatory topics, Dubai Chambers is continuing to enhance the competitiveness of local businesses and advance their contribution to sustainable economic development.
Daily News Egypt
5 days ago
- Daily News Egypt
ETA announces targeted amendments to Value-added Tax Law
The Egyptian Tax Authority (ETA) announced on Sunday a set of limited amendments to the Value-Added Tax (VAT) Law, designed to broaden the tax base, correct market distortions, and strengthen the state's capacity to finance increased investments in human development. The Authority noted that these changes were introduced in response to recommendations from representatives across several productive sectors. In its official statement, the Authority confirmed that there would be no changes to VAT exemptions on essential goods, food products, healthcare services, or education, and no increase to the general VAT rate. 'We are working to eliminate distortions in the current system to enhance tax equity, meet the demands of the business community, and promote integration with digital tax systems,' the Authority said. 'The aim is to expand the tax base in alignment with the standards of the World Health Organization, the World Tourism Organization, and global best practices.' As part of the reforms, the construction sector will now be subject to the standard VAT rate instead of the previously applied 5% schedule tax. Contractors will be eligible to deduct all applicable input taxes on goods and services, including those paid on machinery and equipment used to perform construction work. The ETA noted that this shift may lower overall construction service costs, as input taxes will no longer be included in the taxable base. Contractors will also be entitled to reclaim VAT on qualifying purchases, provided they present proper invoices—helping support efforts to formalise the sector and expand the tax base. The statement also clarified that shops and administrative units located in non-commercial areas will continue to be exempt from VAT. However, administrative units located within commercial premises—such as malls and commercial centers—will now be taxed at 1% of their sale or rental value. The move is intended to align the treatment of these units with existing taxes applied to commercial shops within the same zones. Under the new amendments, crude oil—distinct from petroleum products—will now be subject to a 10% schedule tax. This change is not expected to affect domestic petroleum product prices, as the Egyptian General Petroleum Corporation remains the sole purchaser of crude oil in the country. The tax will be accounted for in the Corporation's upcoming budget and is expected to be offset by projected cost savings. In response to formal requests from companies operating in Egypt, the revised law also expands cigarette tax brackets and increases the fixed tax on cigarettes by EGP 0.50—the first increase since 2023. Additionally, a new fixed and progressive schedule tax has been introduced on alcoholic beverages, calculated based on alcohol content, replacing the former proportional tax on sale value. The Tax Authority stressed that these amendments are part of a broader strategy to address sector-specific concerns, support producers and manufacturers, and ensure compliance with international public health and economic standards.
