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  • KSA: New Transfer Pricing Guidelines for Zakat Payers

    • 25.12.2023
    • Posted by: Omar Sami
    • Categories: Saudi Arabia, Tax
    No Comments

    The Zakat, Tax, and Customs Authority of Saudi Arabia has issued guidelines for Zakat payers, focusing on treating related-party transactions and aligning with the amended Transfer Pricing Bylaws effective from 01.01.2024.

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  • UAE: Understanding Loan Recovery from End-of-Service Gratuity

    • 18.12.2023
    • Posted by: Derya Bandak
    • Category: Dubai
    No Comments

    The dynamics of loan repayment and employment termination under UAE Labor Law introduce complexities, especially in recovering outstanding amounts from end-of-service gratuity.

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  • UAE: Understanding Maintenance and Repair Responsibilities in Dubai Leases

    • 18.12.2023
    • Posted by: Omar Sami
    • Category: Dubai
    No Comments

    Dubai’s Lease Law outlines distinct responsibilities for landlords and tenants regarding property maintenance, repairs, and conditions for subleasing.

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  • UAE: New Bankruptcy and Financial Restructuring Legislation

    • 14.12.2023
    • Posted by: Omar Sami
    • Category: Dubai
    No Comments

    Federal Law Decree No. (51) of 2023 introduces comprehensive reforms in UAE’s bankruptcy and financial restructuring laws, offering enhanced definitions, flexible settlement mechanisms, and expanded roles for bankruptcy units and committees.

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  • Updates on the UAE Labor Dispute Resolution Process

    • 13.12.2023
    • Posted by: Derya Bandak
    • Category: Dubai
    No Comments

    The UAE’s Federal Decree-Law No. 20 of 2023, effective 01.01.2024, enhances MOHRE’s role in labor disputes, granting it legal authority to adjudicate and enforce decisions for cases below AED 50,000.

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  • Saudi Arabia: 30-Year Tax Exemption for Companies setting up their Regional Headquarters in the Kingdom

    • 12.12.2023
    • Posted by: Uwe Hohmann
    • Category: Saudi Arabia
    No Comments

    Saudi Arabia is offering a 30-year tax exemption to global companies relocating their regional headquarters, aligning with Vision 2030 to diversify its economy and attract multinational corporations.

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  • Saudi Crown Prince Launches The Master Plan for Logistics Centers

    • 03.09.2023
    • Posted by: Omar Sami
    • Category: Saudi Arabia
    No Comments

    Saudi Arabia´s Vision 2030 – The transformative initiative aiming at reducing the country´s dependence on oil revenues and diversifying its economy.

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  • Saudi Arabia’s Milestone Move: Embracing the CISG in its Modern Civil Law System

    • 12.08.2023
    • Posted by: Omar Sami
    • Category: Saudi Arabia
    No Comments

    Saudi Arabia’s landmark decision to embrace the United Nations Convention on Contracts for the International Sale of Goods (CISG) marks a significant step towards modernizing its legal system.

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  • Dubai: Recently Published Administrative Penalties for Tax Violations

    • 31.07.2023
    • Posted by: Omar Sami
    • Category: Dubai
    No Comments

    Dubai has recently introduced new administrative penalties for tax violations under its Corporate Tax regime, aiming to ensure tax compliance and foster a transparent environment.

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  • Residence Visas for Property Investors in Dubai

    • 26.07.2023
    • Posted by: Julian Koop
    • Category: Company Setup
    No Comments

    Dubai offers the Two-Year Property Investor Visa, Five-Year Retirement Visa, and Ten-Year Golden Visa for global investors and retirees, each tailored to distinct investment aspirations and ensuring a prosperous future in the city.

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