Unlocking Business Success: Lemon Consultech Blog
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The UAE’s Bold Climate Neutrality Mandate – Federal Decree-Law No. (11) Of 2024 On August 28, 2024, the UAE Cabinet issued Federal Decree-Law No. (11) of 2024, the ‘Climate Law,’ which will come into effect on May 30, 2025. This landmark legislation underscores the UAE’s commitment to combating climate change, aligning with global sustainability standards…
The United Arab Emirates (UAE) is a growing hub for business and investment, with mergers and acquisitions (M&A) playing a significant role in the country’s economic landscape. As companies look to expand their presence or enter new markets, M&A can provide a strategic edge in achieving their goals. However, navigating the complexities of M&A in…
The United Arab Emirates (UAE) has been recognized as a global business hub, attracting a wide range of multinational corporations and investors. To maintain its reputation and foster transparency, the UAE introduced the Economic Substance Regulations (ESR) in 2019. The ESR aims to prevent companies from engaging in profit shifting and ensure that they conduct…
The United Arab Emirates (UAE) has long been recognized as a global business hub, attracting entrepreneurs and enterprises from around the world. With its strategic location, pro-business policies, and a flourishing economy, the UAE is the ideal destination for expanding your company’s operations. This blog will delve into the benefits of opening a foreign branch…
In the realm of intellectual property (IP), the UAE has established a comprehensive framework to safeguard the ingenuity of its entrepreneurs and businesses. The world of patents and trademarks, however, can be a complex labyrinth, especially for those unfamiliar with the intricacies of the UAE’s regulatory landscape. This blog post aims to serve as an…
The new regime enables families to manage their businesses and preserve wealth through succession and legacy planning within DIFC. The regulations also establish certification and accreditation programmes for family businesses and their advisors in DIFC to support benefits and incentives planned for family businesses in the UAE. The certification regime aims to promote good conduct…
Value Added Tax (VAT) was introduced in the United Arab Emirates (UAE) in 2018 as a way of diversifying the country’s revenue streams. VAT compliance is crucial for businesses operating in the UAE, as non-compliance can result in hefty penalties and legal action. Here are five tips for effective VAT compliance in the UAE: Register…
As one of the world’s largest trading hubs, the United Arab Emirates (UAE) has established itself as a key player in the global economy. With a growing number of multinational corporations operating within its borders, the country has become increasingly focused on ensuring that businesses operating within its jurisdiction comply with international tax laws, including…
Money laundering is a pervasive problem that has long plagued the global financial system. In the United Arab Emirates (UAE), the government has taken several measures to combat money laundering, including the implementation of robust anti-money laundering (AML) regulations. In recent years, the UAE’s gems and jewellery industry has come under scrutiny due to concerns…
Dubai has become a global economic powerhouse over the past few decades, attracting individuals from all over the world to work and live in the city. As such, the Dubai government has implemented a comprehensive set of laws to regulate the working conditions of employees in the emirate, known as the Dubai Labour Law. Recently,…