Year: 2021

Expense recovery is a common operation in business transactions. A party may incur expenses and subsequently recover such expenses from another party. The recovery of expenses depends on whether the recovery is a “disbursement” or “reimbursement”. To determine whether a recovery is a disbursement or reimbursement, it is to establish…

You may have decided on the most lucrative type of business venture in Dubai, registered the company and paid for the license, but the fun doesn’t stop there! Government compliance regulations are a whole new world that you need to embrace in order to ensure your company stays open and…