, Author at OFW Income

UAE Second Salary Plan: How to generate extra income

As a resident of the United Arab Emirates (UAE), I was excited to hear about the recent...

How to Calculate End of Service Gratuity in the UAE

End of service gratuity is a payment made by an employer to an employee at the end of their...

UAE Labour Law Free Zone: What You Need to Know

The UAE Labour Law is a set of legal regulations that governs employment and labour issues in the...

UAE Corporate Income Tax: What You Need to Know

The United Arab Emirates (UAE) has recently announced the introduction of a Federal Corporate Tax (CT) that will be effective for financial years starting on or after June 1, 2023. The CT is a form of direct tax levied on the net income or profit of corporations and other entities from their business. The introduction of the CT is expected to cement the UAE’s position as a leading global hub for business and investment, and accelerate its development and transformation to achieve its strategic objectives.