As part of the UAE's commitment being a member of the OECD Inclusive Framework, in response to an assessment of the UAE's tax framework by the European Union ("EU") Code of Conduct Group on Business Taxation, the UAE introduced a Regulation on the Economic Substance in April 2019 and replaced them in August 2020.
Mitrade is a financial technology company that adheres to strict regulatory standards, committed to providing investors with a simple and convenient trading experience.