The Cabinet Resolution No. (85) of 2022, defining the updated criteria of UAE tax residency for legal and physical persons, has become effective as of 1 March, 2023.

A 10-year ‘Golden Visa’ for property investors is a new residence option introduced by the UAE government for high-net-worth individuals.

Investing in UAE Real Estate Market has been made even easier, once the companies RAKEZ and RAKICC were permitted to own properties in the freehold areas.

A few days ago the ARNOS GROUP lawyers managed to obtain a fundamentally important court ruling to freeze assets of a broker firm that failed to perform its obligations to the client due to sanctions.

In the last days of September 2022, the Court of Justice of the European Union (ECJ) ruled that a written agreement concluded between parties can be regarded as an invoice for VAT purposes.

Cryptocurrencies and their market are increasingly integrated into the economies of countries. So, as part of business activity gradually flows into the crypto market, progressive and business-oriented countries are trying to lead this process in order to gain competitive advantages over other countries. In this review, we invite you to familiarize yourself with the current products on this topic in the UAE and Cyprus.