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The FTA authorities can check the returns and alternative details. There should not be a selected reason for the FTA to conduct an audit of a business/taxpayer. They will conduct it for any reason or whenever they are required. A notice is going to be issued to the involved party, a minimum of 5 days before the regular audit date.
Dubai Courts manages three levels of Courts: the First Instance Court, the Court of Appeals, and the Court of Cassation. The department has the authority to appoint and remove judges in any of the courts, often on the advice of the ruler of Dubai, and judges are formally given independence to issue judgements in the name of the ruler.
Personal status matters of non-Muslims are based on civil law. [2] The UAE constitution established a federal court system and allows all emirates to establish local courts systems. [3] The emirates of Abu Dhabi, Dubai and Ras Al Khaimah have local court systems, while other emirates follow the federal court system. [4]
One of the key elements of the center is a privately held financial exchange that opened in September 2005 as Dubai International Financial Exchange (DIFX) but was rebranded as NASDAQ Dubai in 2008. The trading hours of NASDAQ Dubai are from 10:00 a.m. to 2:00 p.m. (6:00 a.m. to 10:00 a.m. GMT), from Sunday to Thursday. [10]
The DED was established in March 1992 [2] and in October 2008 Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, issued decree no. 25 giving the DED the responsibility to plan and regulate the overall economic performance of Dubai, supervise its functions and support the economic development to ensure the objectives of the Dubai Strategic ...
On February 24, 2003, Law 3 of 2003 (Law, Law) (in Arabic). 24 February 2003. was issued by the ruler of Dubai establishing the Dubai Executive Council as a legislative council to support the ruler of Dubai in his duties and exercising some of his responsibilities, with the head of the council and the deputies to be appointed by the ruler and ...
RERA is a part of Dubai Land Resources Department. The agency has its own financial and administrative independence with full legal authority to regulate the real estate sector in Dubai. RERA provides transparence and effectiveness of legal framework , when everyone involved in the property market can conduct a business.
Others include the Dubai Airport Freezone (DAFZA; the Dubai internet City; and the Dubai Media city. [4] In April 2021 Dubai CommerCity launched, a free zone dedicated to e-Commerce. [5] The International Free Zone Authority (IFZA) is one of the most cost-effective and fastest-growing free trade zone in Dubai.