Skip to main content

UAE Launches New Visa Categories - Green Visa, Freelancers Visa

The United Arab Emirates announced the launch of a new resident visa category called the Green Visa on Sunday. Green Visa holders can sponsor their sons' visas till their boys reach the age of 25. Sons are usually only sponsored until they reach the age of 18. Green visa holders can support their parents as well. The new Green Visa will not be linked to work permits from firms, according to Dr Thani Al Zeyoudi, Minister of State for Foreign Trade. It would be targeted at highly talented persons, investors, entrepreneurs, top students and graduates. He also announced a new category of Visa for freelancers. Green visa holders will be given a 90-180 day grace time to leave the country once their visas expire, rather than the current 30-day grace period. When asked about the difference between  Golden visas  and Green, the minister stated that they are all complimentary. "It is a full package that includes  UAE golden visas , green visas and tourist visas. Freelancer visa is ...
Post a Comment

GOAML Registration UAE


The goaml registration deadline is 30th April 2021. Register your company on GoAML and avoid the penalties. UAE’s Ministry of Economy has issued a list of violations and fines for money laundering. Organizations that disregard to do so will face fines ranging from Dh50,000 to up to Dh1 million, including cancellation of license.

A gigantic scope of non-financial business and activities are most exposed to money laundering chances. These have been isolated into four essential classifications

1. Brokers and real estate agents
2. Independent auditors and accountants
3. Dealers of precious metals and gemstones
4. Corporate service providers.

Why Register on goAML

GoAML registration is required to submit suspicious transaction reports (STRs) to the goAML system. GoAML is a universally accepted electronic system to assemble and analyze financial and non-financial information to defy money laundering and combat the financing of terrorism

We Are Always Here For You

With AMCA, we'll simplify it for you and your business to comply with the UAE's different laws and regulations. We will ensure that your business never neglects to meet any administration or authority-mandated submission requirements.

Auditing Services in Dubai

Accounting Services in Dubai

Labels:

Comments

Post a Comment

Popular posts from this blog

TINCO and TINCE

The Federal Tax Authority (FTA) of the United Arab Emirates has published two new guides associated with Excise Tax Clearing Companies(TINCEs). What is TINCO? TINCO is a particular reference number that is allocated to cargo forwarders or clearing agents who register with FTA (Federal Tax Authority). FTA affirmed clearing organizations can apply for excise tax clearing company (TINCE) registration by signing in to their existing TINCO account. Therefore, before doing this registration, the company should already be registered with FTA(Federal Tax Authority) as a clearing company (TINCO) Who Should Register? Enrolled Clearing Companies with  TINCO accounts  can use the  TINCE registration  form to apply for suspension of the Excise Tax due on the Excise Commodities that they will import on behalf of importers. During the registration process, the Clearing Company will be needed to give a guaranteed amount to the FTA. On successful registration, the Clearing Company wi...
Post a Comment
Read more

Ultimate Beneficial Owner (UBO)

  Ultimate Beneficial Owner (UBO) is the individual who ultimately owns a legal entity or legal person   during a transaction. A UBO of a registered organization is a person who holds a minimum 25 percent of the company’s wealth, or at least a similar-sized voting power or ownership stake among other shareholders and benefits from getting a minimum 25 percent of said firm’s money. If no one meets the condition above, then any natural individual who has the power to control the organization using any other means may be termed as the UBO. In cases where   UBO   can’t be identified through the two conditions above, then a natural person who holds the highest management position in the company may be considered as the UBO. Ultimate Beneficial Ownership (UBO) has emerged as a crucial notion for the performance by financial institutions of their compliance obligations after the creation of the Financial Action Task Force (or FATF) in 1989. Founded by thirty countries, FATF...
Post a Comment
Read more

UAE to Grant Golden Visas to Humanitarian Pioneers

Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, has announced that pioneers of humanitarian work in the UAE would be awarded   golden visas . His Highness said, “Aid workers are ambassadors of the UAE and role models instilling pride in us all. Giving is embedded in the fabric of Emirati society and culture, and we aim to be the most vibrant humanitarian destination in the next fifty years.” As an example of the UAE's efforts to lead humanitarian causes, His Highness pointed to the establishment of Dubai International Humanitarian City (IHC) in 2011. IHC, the world's largest humanitarian destination, is a non-profit, independent humanitarian free zone authority that hosts over 80 members, including UN organizations, non-profits and non-government organizations, and commercial companies. The humanitarian work in the UAE has emerged in numerous initiatives since the start of the COVID-19 crisis. Over the past year, the country has organized emergency fl...
Post a Comment
Read more