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Permanent Establishments in UAE’s Corporate Income Tax Regime
- 12.10.2023
- Posted by: Derya Bandak
- Categories: Tax, Dubai
No CommentsUnderstanding the concept of a Permanent Establishment (PE) is essential for businesses operating in the UAE to ensure compliance with the country’s corporate income tax regulations.
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UAE Economy Set to Soar: 3% Growth in 2023, 4% in 2024
- 03.10.2023
- Posted by: Derya Bandak
- Category: Dubai
The UAE is poised for robust economic growth, fueled by a resilient banking sector, burgeoning tourism industry, and forward-thinking government initiatives, offering a diversified investment landscape that’s increasingly attractive to global investors.
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VAT: UAE Introduces Reverse Charge Mechanism to Boost Electronics and Computer Trade
- 29.09.2023
- Posted by: Derya Bandak
- Categories: Tax, Dubai
The UAE has introduced a Reverse Charge Mechanism in VAT regulations to streamline tax compliance and boost the electronics and computer trade, allowing VAT-registered buyers to self-account for VAT.
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UAE Launches End of Service Savings Scheme
- 29.09.2023
- Posted by: Derya Bandak
- Category: Dubai
The UAE has introduced a new end-of-service benefits (EOSB) scheme that allows employers to make monthly contributions to investment funds on behalf of their employees, offering a modern alternative to traditional gratuities and extending benefits to both the private and public sectors.
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FTA Renews Call for Registration for Corporate Tax
- 28.09.2023
- Posted by: Derya Bandak
- Categories: Tax, Dubai
The Federal Tax Authority (FTA) of the UAE is urging all types of companies to finalize their Corporate Tax registration in accordance with the new Taxation of Corporations and Businesses Law.
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Saudi-German Alliance: An Opportunity for Business and Sustainability
- 25.09.2023
- Posted by: Derya Bandak
- Category: Uncategorized
The recent high-level dialogues between Saudi Arabia and Germany signify a strategic alliance that not only accelerates the achievement of Sustainable Development Goals but also creates an opportune moment for German businesses to expand into the Saudi market.
