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Showing posts with the label advocates in Dubai

UAE Tax for freelancers

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 Freelancing has been a great way of earning money from around the world. You can work from home and get good earnings. The freelancers have left their full-time jobs to work better on their projects directly linked to clients. They do not have to commute daily, saving them fuel. For many freelancers, it has also become their full-time job as it does not involve any commute like the traditional jobs. In the UAE, only the businesses have to pay taxes. The working class is relieved of taxes, so people come to work in the UAE. The question is whether corporate tax applies to freelancers. Yes, if you are a freelancer, you must pay a certain amount of corporate tax. But freelancer might also need a help from lawyers . What is a Corporate Tax The income generated from your business profits is known as corporate tax. Corporate tax is enforced on all business and commercial activities in the UAE. Some businesses are different in their corporate tax calculations because they have extraction...

Options of Dispute Resolution in the UAE

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 The UAE is a major business hub around the globe. Investors and entrepreneurs face disputes in businesses. Sometimes, cross-border transactions become problematic. The advocates in Dubai help the business sector through litigation or arbitration. However, the latter is an economical way of resolving any dispute because it is a settlement out of court. Litigation is time-consuming as well as an expensive choice for dispute resolution because it has court proceedings that require time for the verdict. There are alternatives to dispute resolution, such as mediation and negotiation. The main difference between both types of dispute resolution is that mediation has a third party known as a neutral party who would facilitate both parties and have a mutual agreement. But the negotiation is when both parties directly interact and find a common ground to agree to resolve the dispute.   Talking to an Industry Expert Sometimes, a dispute is unresolved because an expert on the case is n...