News

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 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.

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.

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.