The Fintech Sector is Entering a New Era

In short, after the proposed changes are implemented, Fintech sector companies will have the same access to major payment systems as banks. This change will provide EMIs and PIs with direct access to …

UAE announces changes to tax reporting

The Ministry of Finance (MoF) announced the cancellation of economic substance reporting requirements for companies for financial years ending after December 31 2022, following Cabinet Decision No.