UAE VAT Update

UAE VAT Update

UAE VAT Update The BOTH Accounts team attended a VAT awareness workshop arranged by the Ministry of Finance. Below are the major highlights covered during the session: Value Added Tax is an indirect Tax and is imposed on most supplies of goods and services that are...
BOTH heading into 2017…

BOTH heading into 2017…

BOTH heading into 2017… Looking back at 2016 our highlight was SCALING UP and REINVENTING our business as we remained focused on CLIENT SERVICE. As we head into 2017, the world is on the brink of a digital and technology revolution, rapid globalization and many...
UAE decree to ensure wages are paid on time

UAE decree to ensure wages are paid on time

UAE decree to ensure wages are paid on time A new decree by the Ministry of Human Resources and Emiratisation (MoHRE) regarding the Wage Protection System (WPS) takes effect from 3rd October 2016. The decree ensures that salaries in UAE are paid in full and on time,...
What We Need to Know: UAE Labour Market Reform Update

What We Need to Know: UAE Labour Market Reform Update

What We Need to Know: UAE Labour Market Reform Update There are three (3) new employment rules introduced by the Ministry of Labour (“MOL”) by way of the following three Ministerial Decrees: • Ministerial Decree No. (764) of 2015 (“Decree No. 764”) – confirms the...
Renewal of the policy will be handled by Daman

Renewal of the policy will be handled by Daman

Renewal of the policy will be handled by Daman Additions requests between 1 July 2016 and the renewal of the policy will be handled by Daman in either of the following ways: – Holders of Enhanced Plans: If a Principal member has an Enhanced plan and has an...
Changes in Health Insurance Regulations

Changes in Health Insurance Regulations

Changes in Health Insurance Regulations As of 1 July 2016 the following changes in health insurance regulations from Health Authority – Abu Dhabi (HAAD) became effective. 1. HAAD-compliant plans are only required for those with visas issued in Emirate of Abu Dhabi....