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UAE to establish federal prosecution entities specialised in economic crimes, money laundering

The Federal Judicial Council, chaired by Abdullah Sultan bin Awad Al Nuaimi, Chairman of the Council, has approved the UAE Attorney General’s proposal to establish federal prosecution entities specialised in economic crimes and money laundering. The step aims to develop the UAE’s judicial system to keep pace with global economic …

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Minister of Justice affirms UAE’s determination to combat crime of human trafficking

Abdullah bin Sultan bin Awad Al Nuaimi, Minister of Justice, affirmed the UAE’s determination to combat the crime of trafficking in persons as part of its persistent efforts to uphold human rights and respect for international conventions.‘’The UAE has taken firm, serious measures to establish a national dynamic developing framework …

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MoF announces new cabinet decision setting additional conditions for investment funds’ exemption from corporate tax

The UAE Ministry of Finance (MoF) today announced Cabinet Decision No. (81) of 2023, outlining additional conditions for Qualifying Investment Funds under the Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses. The Cabinet Decision stipulates additional conditions that investment funds must meet to be treated …

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