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News

UAE Firms Can Now Deduct Depreciation on Investment Properties – Major Tax Update for 2025
18.07.2025, 16:29

UAE Firms Can Now Deduct Depreciation on Investment Properties – Major Tax Update for 2025

UAE businesses can now claim depreciation on investment properties held at fair value, under a new update to the UAE corporate tax law. This move aligns accounting treatments and offers a significant tax break for businesses in 2025.
Kuwait Relaunches eVisa Platform for GCC Expatriates—Here’s What You Need to Know
15.07.2025, 10:44

Kuwait Relaunches eVisa Platform for GCC Expatriates—Here’s What You Need to Know

Kuwait has relaunched its eVisa system for GCC residents, enabling expats in UAE, Saudi Arabia, Qatar, Oman, and Bahrain to apply online. This updated process outlines eligibility, documentation, and application steps for smooth entry.
UAE Authorities Deny Lifetime Golden Visa Rumours, Warn Public Against False Offers
09.07.2025, 16:36

UAE Authorities Deny Lifetime Golden Visa Rumours, Warn Public Against False Offers

The UAE Golden Visa 2025 program does not include lifetime residency options. The ICP has issued a clear warning against false offers and unauthorized applications, stressing that only official platforms handle Golden Visa applications in the UAE.
Dubai Legal Affairs Department Launches Artificial Intelligence Strategy to Accelerate Government Innovation
29.06.2025, 10:29

Dubai Legal Affairs Department Launches Artificial Intelligence Strategy to Accelerate Government Innovation

The Legal Affairs Department in Dubai has launched an ambitious AI strategy to automate services, enhance cybersecurity, and support the city’s broader digital transformation agenda. This move strengthens the use of artificial intelligence in UAE government operations.
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