UAE financial markets

Dubai Financial Market (DFM) is governed and regulated by the UAE Securities and Commodities Authority (SCA) which has the authority to impose laws and standards which DFM must comply. Two main financial securities exchange markets operate in the UAE under the Securities and Commodities Authority (SCA): Abu Dhabi Securities Exchange Dubai Financial Market Both markets … Read more

Federal Law No. (2) of 2015 on Commercial Companies with regard to the company formation.

Let’s have some general insights to the Federal Law No. (2) of 2015 on Commercial Companies with regards to the company formation. What is a company? According to the Law a company is a contract whereby two persons or more are obliged to contribute to an economic project aimed to make profit, through providing a … Read more

Women in Management in a scholarly review

Let us have a look on women in management according to the researchers. In today’s world women tend to enter for the labour market and it is reported numerous benefits of being female. According to research, it has been argued that women in certain situations adopt appropriate behaviours and roles adapted to the context in … Read more

Tax free Shopping – VAT refunds for tourists in UAE

Dubai is a world-famous destination for tourism and many people visit Dubai for the sole purpose of Shopping. Were you aware that you could claim refund on Vat paid for purchases you made in UAE? Yes, you heard it right. If you are planning to go to Dubai for shopping, here is good news for … Read more

Accounting Laws in UAE

In UAE, according to the Federal Law No 2 of 2015 on Commercial Companies and the UAE VAT law and relevant free zone laws, it is mandatory for the companies to maintain the books of accounts for at least 5 years. Maintaining proper books of accounts is compulsory in the UAE and any violations will … Read more

What is Glass Ceiling?

Around the world men tend to participate in labor markets more frequently than women   According to the statistics, female labor force participation rate of the world is 47.66 per cent while the male labor force participation rate is 74.7 per cent Overall, the global gender gap in labor force participation stood at 27 per cent. … Read more