Increasing the number of UAE nationals in the private sector has long been a key objective for the government. In the past, the UAE government has launched a significant number of laws and initiatives to support the localisation of the workforce. The government has recently increased its efforts in this regard and introduced a suite of new laws, including an obligation to recruit Emirati employees at the rate of 2% per year, to drive forward…
In brief The UAE Ministry of Finance (“MoF”) announced on 28 April 2022 a public consultation on the proposed federal corporate tax (“CT”) framework. The consultation will run until 19 May 2022 and businesses are encouraged to make their submissions online. The submission link can be found here: https://www.mof.gov.ae/en/resourcesAndBudget/Pages/Corporate-Tax-Submission-Public-Consultation.aspx It should be noted that the content of the public consultation document is not intended to reflect the final view of the UAE government. Therefore, the…
In brief The long-awaited Decree-Law No. 33 of 2021 on Regulation of Labour Relations (the “New Labour Law”) is among a number of new legal developments introduced recently in the UAE. Over the course of the last few weeks we have also seen significant changes to the Data Protection and e-Transactions Laws, and of course, the change to the UAE weekend which has attracted significant attention worldwide. On Tuesday, 7 December 2021, the UAE Government…