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Is there any schedule or Fixed rates to calculate the depreciation in UAE?

Since there is no Corporate taxation applicable in UAE, on what basis the fixed has to be depreciated.. Is there is any guidelines provided by the economic department or by any authorized institution in UAE

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Question added by Yusuf Dalal , General Accountant. , Gmamco Contracting LLC
Date Posted: 2014/03/03
ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

Tracking the United Arab Emirates International Accounting Standards in the preparation of the financial statements of companies and depreciation rates are approved by shareholders